Tesla filings with the SEC reveal that the SEC wants to make sure the company and its CEO Elon Musk are complying with a 2018 settlement over a tweet Musk made.
Marketing company executive pleads guilty to perjury in connection with Spongetech Delivery Systems, Inc. probe
George Speranza, the operator of a marketing company that created and published Internet websites, has pleaded guilty to a perjury charge and admitted that he gave false testimony before the U.S. Securities and Exchange Commission (SEC) in connection with the SEC's investigation of Spongetech Delivery Systems, Inc.
Ex-hedge fund manager pleads guilty to insider trading charges
Former hedge fund manager Donald Longueuil has pleaded guilty to conspiracy and securities fraud charges arising from an insider trading scheme in which he obtained and traded on material, non-public information, Preet Bharara, the United States Attorney for the Southern District of New York, said.
CVS Pharmacy Inc. agrees to pay $17.5 mln to settle false prescription billing case
CVS Pharmacy Inc., the retail pharmacy division of CVS Caremark Corporation that operates more than 7,000 retail pharmacies in 41 states and the District of Columbia, has agreed to pay the United States and 10 states $17.5 million to resolve False Claims Act allegations, the Justice Department said.
Google clears Justice Dept. hurdle in ITA buy; FTC antitrust action in focus
The U.S. Justice Department approved Google's planned acquisition of online travel software firm ITA, but it made the technology giant agree to several conditions and concessions. Even as the Justice Department concluded its months-long review of Google's purchase of Massachusetts-based ITA, the focus now has turned to the possibility of the Federal Trade Commission (FTC) initiating an expansive antitrust investigation into Google to see if the company is stifling competition and getting i...
Top 10 tax scandals of the rich and famous
Here's a look at the top 10 tax scandals of the rich and the famous.
SEC investigating Kraft for corruption in India
The Securities and Exchange Commission is investigating Kraft Foods Inc for possible corruption at an Indian facility of its Cadbury unit, the company said in a regulatory filing.
Prosecutors plan to play Goldman tapes at Rajaratnam trial
Goldman Sachs Group Inc is being drawn into the criminal trial of one-time hedge fund billionaire Raj Rajaratnam, as prosecutors plan to show an insider-trading conspiracy involving a former director at the Wall Street bank.
Courtroom showdown in Galleon trading probe
A sweeping insider trading case that shook the hedge fund world is finally set for trial, with onetime billionaire Raj Rajaratnam fighting to stay out of prison in a courtroom drama over corporate secrets, tapped telephones and friends-turned-government witnesses.
Goldman's Blankfein to testify at Galleon insider trading
Goldman Sachs Group Chief Executive Lloyd Blankfein has agreed to testify for the U.S. government at the upcoming trial of Galleon hedge fund founder Raj Rajaratnam, the Wall Street Journal reported, citing people familiar with the matter.
UN adviser Rajat Gupta had role in insider-trading case: SEC
Rajat Gupta, former McKinsey’s chief and currently special adviser to the secretary-general of the United Nations on management reforms, has been accused by the Securities and Exchange Commission (SEC) of having role in a major hedge fund insider-trading case.
SEC scanning bank loan practices: report
U.S. securities regulator is seeking information from an unknown number of regional and community banks that have restructured troubled loans in order to make them appear healthier than they really are, the Wall Street Journal said, citing people familiar with the situation.
U.S. Bans Marijuana Substitute 'Fake Pot' Chemicals
The United States Drug Enforcement Administration (DEA) said it has temporarily banned five chemicals used to make so-called fake pot products, perceived as legal alternatives to marijuana.
Taiwan AIG unit bidders set to face regulators
Shareholders of two of the firms in a consortium buying U.S. insurer AIG's Taiwan unit approved the $2.16 billion bid on Wednesday, setting the scene for what is expected to be a tough battle with regulators.
SEC charges ex-Goldman director Rajat Gupta in insider case
Former Goldman Sachs Group Inc director Rajat Gupta leaked secret details to Galleon Group hedge fund manager Raj Rajaratnam about Warren Buffett's plan to invest $5 billion in the Wall Street bank at the height of the financial crisis, a U.S. securities regulator charged.
California hedge fund manager settles SEC charges
A Bay Area hedge fund manager settled civil charges that he secretly diverted more than $12 million in proceeds to other entities he controlled, securities regulators announced.
Analysis: U.S. immigration probe fears weigh on Chipotle
An investigation by U.S. immigration officials into illegal unemployment at Chipotle Mexican Grill Inc (CMG.N) is making some investors nervous and could have implications for the fast-food industry as a whole. Chipotle, based in Denver, is one of the highest-profile employers to come under the scrutiny of Immigration and Customs Enforcement (ICE) in recent years.
SEC charges body armor company's ex-directors in fraud
A U.S. regulator charged three former directors of a military contractor with involvement in a massive accounting fraud, after a jury had convicted the company's founder of orchestrating the $190 million scheme.
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FCC Probes Verizon 911 Service Outage
The FCC is investigating the possibility that service blackouts were to blame for unanswered 911 calls.
Freddie Mac exec facing possible SEC charges
A top Freddie Mac executive received notice the government may file charges against him for allegedly violating securities laws in the years leading up to the housing bust, according to a regulatory filing released on Thursday.
Coca-Cola, Pepsi may contain cancerous coloring agents, should be banned: Report
Two of the world's biggest cola drinks makers - Coca-Cola and PepsiCo - have come under fire for using cancerous caramel coloring agents in their drinks.
Federal Trade Commission to inspect Apple In-App buys
The Federal Trade Commission will probe into Apple's marketing of in-app purchases in games for children such as Smurfs' Village, after it received a complaint from a U.S. legislator, according to the Washington Post.
China decries U.S. obstruction after Huawei drops bid
China's Commerce Ministry said Chinese businesses faced damaging obstruction in efforts to invest in the United States after China's Huawei pulled out of bidding for U.S. company 3Leaf's assets following pressure from a Washington panel.
Former U.S. Customs inspector impersonates as postman, arrested for trying to smuggle Mexican woman on false papers
A former U.S. Customs inspector was arrested on Tuesday after he disguised himself as a postman and attempted to smuggle a Mexican woman into Texas on false documents, U.S. Customs and Border Protection authorities said.
Allergan's stomach band gets FDA OK for wider use
Health care company Allergan said the FDA has approved the wider use of its Lap-Band weight-loss system.
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