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SEC alleges Volkswagen "perpetrated a massive fraud" and repeatedly lied to US investors

The Securities and Exchange Commission alleged in a court filing that Volkswagen had "perpetrated a massive fraud" and repeatedly lied to U.S. investors who bought bonds and other securities......»»

Category: topSource: moneycentralMar 15th, 2019

SEC sues Volkswagen, ex-CEO over alleged emissions fraud on investors

The U.S. Securities and Exchange Commission (SEC) is suing Volkswagen (VW) and its former chief executive Martin Winterkorn over the German automaker's diesel emissions scandal, alleging a "massive fraud" on U.S. investors......»»

Category: topSource: reutersMar 15th, 2019

SEC sues Volkswagen, Winterkorn, citing "Dieselgate" fraud on investors

The U.S. Securities and Exchange Commission sued Volkswagen AG and its former chief executive Martin Winterkorn over the German automaker's diesel emissions scandal, accusing the company of perpetrating a "massive fraud" on U.S. investors......»»

Category: topSource: reutersMar 15th, 2019

SEC sues Volkswagen, Winterkorn over "Dieselgate"

The U.S. Securities and Exchange Commission sued Volkswagen AG and its former chief executive Martin Winterkorn over the German automaker's diesel emissions scandal late Thursday, accusing the company of perpetrating a "massive fraud" on U.S. investors......»»

Category: topSource: reutersMar 15th, 2019

Former Volkswagen CEO charged with fraud in Germany

German prosecutors have charged former Volkswagen CEO Martin Winterkorn and four others with fraud and other offenses in connection with the company's massive, multi-year effort to cheat on diesel........»»

Category: topSource: moneycentralApr 15th, 2019

Former Volkswagen CEO charged with fraud in Germany

German prosecutors have charged former Volkswagen CEO Martin Winterkorn and four others with fraud and other offenses in connection with the company's massive, multi-year effort to cheat on diesel........»»

Category: topSource: moneycentralApr 15th, 2019

Why Germany’s Wirecard Is No Stranger to Controversy

Shares in German payments company Wirecard AG have whipsawed this year after a series of reports alleging accounting fraud in Asia. The company has repeatedly denied wrongdoing, but investors are watchin.....»»

Category: topSource: washpostMar 26th, 2019

Former New York investment adviser charged with 99 counts of fraud

A former broker in New York City has been charged with orchestrating massive fraud. Since 2011, Dean Mustaphalli caused 58 New York investors to invest a total of more than $11 million in his hedge fund. About $10 million of that money was lost w.....»»

Category: topSource: bizjournalsMay 30th, 2018

Theranos wants investor fraud settlement, but on its terms

Fallen unicorn Theranos Inc. and investors who allege they were duped by a massive fraud are in a tug of war, with each side trying to attach different strings to settlement talks......»»

Category: topSource: moneycentralJun 8th, 2018

Theranos founder reportedly seeks investors for new company

Elizabeth Holmes, the founder and CEO of the embattled blood-testing startup Theranos, was charged with "massive fraud" by US regulators earlier this year. Now, she's looking for investors for a new startup......»»

Category: topSource: moneycentralJun 11th, 2018

SEC alleges Tesla’s Elon Musk lied to investors and seeks his removal as CEO

Federal regulators allege Musk misled investors when he claimed that he had secured funding to take Tesla private......»»

Category: topSource: washpostSep 28th, 2018

Tesla shares fall after SEC alleges Musk lied to investors

Federal regulators allege Musk misled investors when he claimed that he had secured funding to take Tesla private......»»

Category: topSource: washpostSep 28th, 2018

MoviePass parent probed for allegedly misleading investors

It's another stumble for MoviePass, which in recent months has repeatedly adjusted its movie subscription plans and taken out hefty loans to cover massive losses......»»

Category: topSource: moneycentralOct 17th, 2018

MoviePass parent probed for allegedly misleading investors

It's another stumble for MoviePass, which in recent months has repeatedly adjusted its movie subscription plans and taken out hefty loans to cover massive losses......»»

Category: topSource: moneycentralOct 17th, 2018

New York sues ExxonMobil, saying it ‘misled’ investors about climate change risks

The attorney general’s lawsuit alleges the oil giant lied about how it was calculating potential carbon costs......»»

Category: topSource: washpostOct 24th, 2018

New York AG alleges Exxon Mobil misled shareholders

Irving, Texas-based energy giant Exxon Mobil Corp. (NYSE: XOM) misled investors, according to New York Attorney General Barbara Underwood. According to a lawsuit filed in New York Supreme Court Oct. 24, Underwood alleged that Exxon Mobil lied to sh.....»»

Category: topSource: bizjournalsOct 25th, 2018

U.S. sues UBS, alleges fraud in mortgage securities

The U.S. government on Thursday filed a civil fraud lawsuit against UBS AG , accusing the Swiss bank of defrauding investors in connection with its sale of residential mortgage-backed securities in 2006 and 2007......»»

Category: topSource: reutersNov 8th, 2018

U.S. sues UBS, alleges fraud in mortgage securities

The U.S. government on Thursday filed a civil fraud lawsuit against UBS AG , accusing the Swiss bank of defrauding investors in connection with its sale of residential mortgage-backed securities in 2006 and 2007......»»

Category: topSource: moneycentralNov 8th, 2018

U.S. sues UBS, alleges crisis-era mortgage securities fraud

The U.S. government on Thursday filed a civil fraud lawsuit accusing UBS Group AG , Switzerland's largest bank, of defrauding investors in its sale of residential mortgage-backed securities leading up to the 2008-09 global financial crisis......»»

Category: topSource: reutersNov 8th, 2018

Dutch Man Arrested Over $2.2 Million Bitcoin Mining Fraud

A man has been arrested in the Netherlands for allegedly scamming investors out of over $2.2 million in a fake bitcoin mining scheme......»»

Category: forexSource: coindesk19 hr. 47 min. ago

Marijuana Companies Lied to You, Major Pot CEO Alleges

Pot stocks were more concerned with supporting inflated valuations than meeting grow expectations, according to this prominent cannabis CEO......»»

Category: topSource: foxnewsMay 19th, 2019