Daily Archives: March 11, 2019, 10:19 am

Tesla’s Entire Board Sued over Elon Musk’s Trigger-Happy Twitter Thumbs

Billionaire Elon Musk and all 11 members of Tesla’s board of directors have been named in a shareholder lawsuit claiming the Tesla CEO’s “unchecked misstatements on Twitter” have harmed the company. The lawsuit was filed March 8 in the Delaware Court of Chancery by the Laborers’ District Council and Contractors’ Pension Fund of Ohio, a Tesla shareholder. The plaintiffs seek…

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Martin Shkreli probed over report he’s still running company

The U.S. Bureau of Prisons said on Friday it was investigating former drug company executive Martin Shkreli’s conduct in prison after the Wall Street Journal reported he was still helping run his old company using a contraband cellphone. “When there are allegations of misconduct, they are thoroughly investigated and appropriate action is taken if such allegations are proven true,” the…

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