You Searched For "nikola sec fraud investigation" and got 20 results
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2 mins read
Bitcoin was the only cryptocurrency the SEC asked Coinbase not to delist, CEO says
The Securities and Exchange Commission asked Coinbase to delist virtually all its crypto assets, CE…
Filip De Mott
1 min read
The SEC doesn't want to let firms and individuals get by without admitting wrongdoing anymore as part of enforcement actions
Wrongdoing admissions will strengthen the deterrent value of enforcement actions, the head of the S…
Carla Mozée
2 mins read
Nikola slides 6% on SEC probe over short-seller claims the company misled investors through 'intricate fraud' and 'deception'
"Nikola intends to fully cooperate with the SEC regarding its inquiry into these matters," the comp…
Shalini Nagarajan
8 mins read
Nikola faced fraud allegations upon announcing a $2 billion deal with General Motors, but GM doesn't seem worried
Hindenburg Research alleged that Nikola is a fraud, but GM CEO Mary Barra stressed that GM had done…
Matthew DeBord
2 mins read
Elon Musk should face an SEC probe over his claims that no monkeys died as a result of Neuralink implants, lawmakers say
Four Democratic members of the House of Representatives have written to SEC chair Gary Gensler aski…
Tom Carter
2 mins read
Accounting firm EY calls off plan to break up auditing & consulting units
Accounting firm EY has called off its plan called 'Project Everest' to break up its auditing and co…
2 mins read
Former high-flying VC Michael Rothenberg now faces criminal charges alleging 'multiple schemes to defraud' his investors
Rothenberg was previously fined $31 million and barred from the VC industry for five years. Now fed…
Julie Bort
1 min read
Lordstown Motors falls 12% after EV company reveals SEC is reviewing accusations from short-seller
The EV start-up tumbled after revealing it received "requests for information" from the SEC regardi…
Emily Graffeo
1 min read
FTX fraud investigators are digging deeper into Sam Bankman-Fried's inner circle – and reportedly have ex-engineer Nishad Singh in their sights
US authorities are now scrutinizing former FTX engineer Nishad Singh, according to a Bloomberg repo…
George Glover
2 mins read
Read the SEC complaint accusing former Alameda CEO Caroline Ellison and FTX cofounder Gary Wang of participating in a years-long fraud with Sam Bankman-Fried
In a complaint Wednesday, the SEC accused Ellison and Wang of being "active participants" in what i…
Grace Dean
1 min read
The SEC just issued a $13 million fine in its first-ever DeFi enforcement action
"The federal securities laws apply with equal force to age-old frauds wrapped in today's latest tec…
Ethan Wu
2 mins read
The SEC is reportedly investigating Luckin Coffee after discovery that employees fabricated $310 million in sales
The SEC may face hurdles from Chinese regulators, as the country recently implemented new laws that…
Ben Winck
1 min read
Coinbase plunges 21% after the SEC sues the crypto exchange for breaking US securities laws
"Coinbase's alleged failures deprive investors of critical protections, including rulebooks that pr…
Matthew Fox
2 mins read
A former venture capitalist known as Silicon Valley's 'party animal' has been convicted in a $19 million fraud case
Michael Rothenberg's VC firm, Rothenberg Ventures, had around $50 million in assets under managemen…
Polly Thompson
2 mins read
Boeing will pay $200 million to settle SEC fraud charges related to 2 deadly airplane crashes involving the company's 737 MAX aircraft between 2018 and 2019
The SEC charged Boeing, and its former CEO, with purposely misleading its investors and the public …
Lakshmi Varanasi
2 mins read
The short-seller that uncovered fraud at Nikola is accusing another upstart EV maker of misleading investors
Hindenburg Research alleged that Lordstown's 100,000 preorders are "largely fictitious." Shares of …
Tim Levin
2 mins read
Elizabeth Warren is asking the SEC to investigate the Trump SPAC deal over potential securities violations
SPAC deals "are often structured to exploit retail investors to the benefit of large institutional …
Matthew Fox
8 mins read
Investors beware the Great Fraud Reckoning is upon us
The shaky economy and falling stock market has started to expose some charlatans — but histor…
Linette Lopez
1 min read
The Cheesecake Factory slammed with $125,000 fine by the SEC over claims it lied to investors about how much money its restaurants were actually losing during the pandemic
The chain said told the public was "operating sustainably." Behind the scenes, it was forecasting a…
Graham Rapier
3 mins read
Crowdfunding platform YieldStreet reportedly under SEC and FBI examination over investments
The agencies are reportedly focused on YieldStreet's sale of some $90 million in notes linked to sh…