The Securities and Exchange Commission is investigating Tesla after it failed to disclose the fatal crash of a Model S cruising on Autopilot immediately to investors, the Wall Street Journal reports. Tesla sold $2 billion worth of stock in the days following the crash, and has argued that the crash was not material to…
Not only did Tinder cofounder and CEO Sean Rad comes off as extremely dumb in a recent interview, he may have violated the Security & Exchange Commission’s quiet period for Tinder’s imminent IPO. What’s the word for that?
The SEC is making it legal for anyone to invest in companies through crowdfunding–but that does not mean you’re safe from scams.
Sometimes, the simplest plans are the smartest. And the most illegal.
Today, Securities and Exchange Commission Chairperson Mary Jo White announced a whole slew of initiatives designed to tighten the leash on computerized high speed trading in the stock market. If you're playing the stock market and you're not a supercomputer, that's very good news.
You'd think they would have gussied it up a little bit for today, right? But hey, at least 456 people Like them!
Hacking companies for fun and profit! It's been en vogue lately, and possibly even more than we think. Which is why the SEC has given companies a disclosure nudge, in the form of guidelines to follow in case of attack.
"We are going to have to get off their drug..." is how former Dell CEO Kevin Rollins describes Dell's dependence on payments from Intel to meet their financial targets in messages to Michael Dell from 2004, released by the SEC.
The SEC is all up in Apple's business again, this time over suspicions that some illegal trading may have gone down using insider information in regards to threee "three particular Apple-related developments." HuffPo's Dan Dorfman points at someone getting an "illegal lead" on iPod sales, true knowledge of Steve Jobs'…
The storm after Gizmodo uncovered the real state of Steve Jobs' health keeps growing. Now the SEC is examining Apple's behavior to "ensure investors weren't misled," Bloomberg reports:
Nothing like making an extra buck on somebody else's good fortune. Especially when it's against the law. But that didn't stop accountant Gary Herwitz and former Sirius executive Tracey Stanyer from cashing in on Howard Stern's big move to Sirius Satellite Radio. Looks like both these deadbeats paid fines and were…