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I have long thought that it was only a matter of time before somebody filed a securities class action lawsuit based on disclosures made through social media. I knew we were going to see that lawsuit someday or other. Well, the day has arrived. On Friday, August 10, 2018, two Tesla investors each filed separate […]
And the big question is where the money to take Tesla private would come from. Despite Musk’s apparent confidence he has a deal lined up, the statement by those half-dozen board members appeared to suggest they weren’t yet in the know. That’s backed up by a Reuters report that noted Thursday, “While Tesla’s board has […]
Sidley Austin LLP is pleased to announce that Joan Loughnane, former Acting Deputy United States Attorney at the United States Attorney’s Office for the Southern District of New York, will join the firm’s Litigation Group in New York as a partner in its White Collar: Government Litigation & Investigations practice. Ms. Loughnane will focus her […]
Republican Christopher Collins, an early backer of Donald Trump’s presidential bid, has suspended his re-election campaign for the U.S. House to fight charges he engaged in insider trading in the shares of an Australian biotechnology firm. via Collins Halts Campaign After Insider Trading Charges – Bloomberg.