US Supreme Court tosses case involving securities fraud suit against Facebook
The U.S. Supreme Court sidestepped on Friday a decision on whether to allow shareholders to proceed with a securities fraud ...
JD Supra2d
SEC Enforcement Actions Against Public Companies and Subsidiaries Drop by 12% in FY 2024; Actions Still Up Nearly 5% Compared to Historical Average
The U.S. Securities and Exchange Commission (SEC) initiated 80 enforcement actions against public companies and subsidiaries in fiscal year ...
Adani Group companies lose $26 billion in market value after U.S. indictment
Adani Group companies lost $26 billion in market cap on Thursday, after the U.S. alleged that founder and chairman Gautam ...
Musk and Ramaswamy Want to Gut Federal Agencies. How Would That Go at the SEC?
Accounting for a tiny sliver of the overall federal budget, the SEC isn’t a big money target for spending cuts.
Adani Group slams ‘baseless' New York fraud and bribery charges
India’s Adani Group has denied allegations of bribery and fraud made by U.S. authorities in relation to the group’s chair ...
US charges tycoon Gautam Adani with defrauding investors, hiding plan to bribe Indian officials
Indian businessman Gautam Adani, one of the world’s richest people, has been indicted in the U.S. on charges he duped ...
Buy now, pay later giant Klarna files for U.S. IPO
Klarna, which is known for its popular “buy now, pay later” business, has filed IPO documents with the U.S. Securities and ...
Hedge Funds and High-Speed Traders Score Legal Victory Over SEC
A federal court invalidated a Securities and Exchange Commission rule, stopping the agency from expanding its oversight over high-speed trading firms and hedge funds that are among the most ...
Stock Market Today: Dow scores best day since surge after U.S. election day
"There were some warning signs from Target, but if you look at personal income and retail sales, they have been strong all ...
Another SEC Democrat to Drop Out, Leaving Republicans Running Agency by February
Another Democratic commissioner on the Securities and Exchange Commission is following Chair Gary Gensler out the door in ...