- Herbalife Pays SEC $20 Million to Settle Charges It Misled Investors
The SEC said Herbalife made false statements about its China operation.
By Lisette Voytko, Forbes Staff. Forbes. Fri, 27 Sep 2019 13:09:02 -0400.
- Lyft sued by investors over allegedly 'misleading' IPO statements - CNET
Investors are suing for damages from the ride-hailing company, alleging that Lyft overstated its market share.
Corinne Reichert. CNET. Sat, 18 May 2019 01:52:30 +0000.
- Volkswagen diesel scandal: Car firm sued by US regulator for allegedly defrauding investors
The company is also accused of making false and misleading statements about vehicle quality, environmental compliance and the company's financial status
Lucie Mcinerney. The Independent. Fri, 15 Mar 2019 14:50:00 +0000.
- Lumber Liquidators pays regulators $33 mln in flooring scandal settlement
Lumber Liquidators has agreed to pay U.S. regulators a $33 million penalty for making false statements to investors about the safety of its laminate flooring as part of a settlement announced on Tuesday.
Reuters. Tue, 12 Mar 2019 12:29:47 -0400.
- MetLife settles Massachusetts case over unpaid pensions
MetLife Inc will pay a $1 million fine to resolve claims that it made misleading statements to investors in failing to pay pension benefits to thousands of retirees it improperly treated as "presumed dead."
Reuters. Wed, 19 Dec 2018 09:18:06 -0500.
- Judge gives preliminary OK to VW's $48M settlement with investors
A U.S. judge in California granted preliminary approval to a $48 million settlement for investors who said Volkswagen AG made false and misleading statements over excess diesel emissions.
AutoNews.com. Fri, 30 Nov 2018 16:09:33 EST. Subscription may be required.
- UBS sued by U.S. for fraud tied to mortgage-backed securities
UBS Group sold tens of billions of dollars' worth of residential mortgage-backed securities by "knowingly and repeatedly" making false and fraudulent statements to investors about the loans backing those trusts, the U.S. ...
American Banker. Mon, 12 Nov 2018 22:20:27 GMT.
- Legal Experts: Ivanka Trump May Have Committed Felony Fraud
"A pattern of knowing false statements to real estate investors exposes perpetrators to multiple counts of bank, wire, and mail fraud."
Colin Kalmbacher. LawNewz. Thu, 18 Oct 2018 17:09:31 +0000.
- Musk out as Tesla chair, remains CEO in $40M SEC settlement
Tesla and its CEO Elon Musk have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped investors with misleading statements about a proposed buyout of the company.
France 24. Sun, 30 Sep 2018 07:51:10 GMT.
- SEC Sues Tesla CEO Elon Musk
"Musk's false and misleading public statements and omissions caused significant confusion and disruption in the market for Tesla's stock and resulting harm to investors," the lawsuit says.
Vanessa Romo. NPR. Thu, 27 Sep 2018 16:52:00 -0400.