Corporate crime
- Stock Market
Activision Blizzard to pay $55 million to settle California civil-rights lawsuit
Videogame maker Activision Blizzard has agreed to pay nearly $55 million to settle a California civil-rights lawsuit brought over complaints…
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SEC denies Coinbase’s demand for new crypto rules ahead of 2024 showdown
Federal financial regulators are girding for a fight with crypto exchange Coinbase in court next year, and set the stage…
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Retail ‘shrink’ is about much more than theft, analysts say
As retail earnings kick off this week, investors will be watching closely to see whether organized retail crime is still…
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DOJ charges 18 people — including doctors — in massive Covid health-care fraud takedowns
Eighteen people, some of them doctors, were criminally charged with Covid-19 health-care fraud schemes that netted hundreds of millions of…
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Judge delays start of Fox News defamation trial until Tuesday
NEW YORK — The Delaware judge overseeing a voting machine company’s $1.6 billion defamation lawsuit against Fox News announced late…
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Why naked short selling has suddenly become a hot topic
Short selling can be controversial, especially among management teams of companies whose stocks traders are betting that their prices will…
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Elon Musk tells court Saudi Arabia wanted to take Tesla private; $420 ‘not a joke’
Elon Musk testified Monday he believed he had funding secured to take Tesla Inc. private, both from a Saudi Arabia…
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Genius Group CEO on why his company is fighting back against naked short sellers — and it’s not alone
“It’s like being robbed in a library, but you can’t shout ‘Thief!’ because there are ‘Silence, please’ signs everywhere.” That’s…
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Crypto lender Genesis latest to file for bankruptcy as crypto contagion continues to spread
Embattled crypto lender Genesis announced that it had filed for bankruptcy late Thursday, the latest firm to be taken amid…
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Genius Group stock rallies more than 200% after it appoints former F.B.I. director to investigate alleged naked short selling
The stock of a Singapore-based ed-tech and education company called Genius Group Ltd. rallied more than 200% on Thursday, after it…
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