Legal

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk and a U.S. federal judge finalized an agreement Tuesday morning to settle allegations of fraud. What Happened The Securities and Exchange Commission alleged Musk committed fraud when he wrote a Tweet suggesting funding has been secured to take the company...

CVS Health Corporation (NYSE: CVS) is one step closer to acquiring Aetna Inc. (NYSE: AET) after the U.S. Department of Justice preliminary approved the $69 billion merger. What Happened CVS proposed to buy Aetna in late 2017 in a deal that would combine the largest drugstore chain with Aetna's...

A long-simmering dispute between CSX Corporation (NYSE: CSX) and its rival Norfolk Southern Corporation (NYSE: NSC) has landed in court, with CSX claiming that Norfolk Southern's control of a small railroad within the port of Hampton Roads is all but blocking CSX from launching any intermodal...

Window and door manufacturer Jeld-Wen Holding Inc (NYSE: JELD) was on the losing end of a lawsuit last week.  A U.S. District Court jury in the Eastern District of Virginia ruled that Jeld-Wen must sell its Towanda, Pennsylvania doorskin plant in order to restore competition in the...

Below is a list of notable corporate events for the week beginning October 8. Note, this list is not comprehensive and all dates are subject to change. All times are ET. Monday Holidays U.S. Columbus Day (bond markets closed) Thanksgiving (Canada) Conferences San Francisco Blockchain Week...

The confirmation hearings on Supreme Court nominee Brett Kavanaugh became highly politicized after allegations of sexual assault became public and one of his accusers, psychology professor Dr. Christine Blasey Ford, testified before the Senate Judiciary Committee. Kavanaugh on Saturday afternoon...

Tesla, Inc (NASDAQ: TSLA) stock dropped 5 percent Thursday. Along with the broader market sell-off, concerns over CEO Elon Musk’s fraud settlement with the U.S. Securities and Exchange Commission resurfaced once again. What Happened On Thursday, U.S. District Judge Alison Nathan requested...

Shares of Groupon Inc (NASDAQ: GRPN) gained more than 3 percent Monday after the mobile and online marketplace company reached a settlement in patent litigation with IBM (NYSE: IBM) and struck a new patent cross-license agreement with Big Blue.  What Happened Groupon was accused by...

Tesla Inc (NASDAQ: TSLA) stock skyrocketed 16 percent Monday after the company announced a fraud settlement with the U.S. Securities and Exchange Commission. According to the terms of the settlement, Tesla is paying a $20 million fine to the SEC, and CEO Elon Musk is paying a personal $20 million...

Some have already said it could be "the quickest SEC settlement in history." What Happened The Securities and Exchange Commission on Thursday charged Tesla Inc (NASDAQ: TSLA) CEO Elon Musk with securities fraud for his Aug. 7 tweets about taking the company private. On Saturday, the SEC...

The Securities and Exchange Commission accused Tesla Inc (NASDAQ: TSLA) CEO Elon Musk of fraud in a lawsuit filed Thursday after determining Musk’s take-private tweets were “false and misleading.” The regulators are seeking orders to bar Musk from company leadership and...

Tesla Inc. (NASDAQ: TSLA) investors experienced a very unorthodox announcement on Aug. 7, when CEO Elon Musk tweeted he considered taking the company private, with “funding secured.” After weeks of speculation, the Securities and Exchange Commission is now taking Musk to task. What...

One of the biggest advantages of connecting vehicles wirelessly to each other and the cloud is the visibility it brings into large amounts of data. Companies as diverse as Uber, Navistar and Tesla have embraced connected technology, allowing them to monitor their assets, communicate with...