‘Enforcement 40’ for 2020
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By Securities Docket on July 12, 2018, 9:21 am
As reported in a July 10, 2018 press release from Chubb (here), the average total cost associated with a settled merger-objection lawsuit increased 63% in the four year period between 2012 and 2016. The total cost includes attorneys’ fees and cash settlement amounts. In 2012, this figure was $2.8 million. By 2016, the figure had […]
By Securities Docket on July 12, 2018, 9:07 am
Martin Tripp, a process engineering technician at the company’s massive battery factory in Nevada, who left Tesla on June 19 and was sued by the company shortly thereafter, accused the electric-car maker of inflating weekly Model 3 production figures by as much as 44 percent. In a tip filed to the SEC on Friday, he […]