SEC

Government, Business

Trucking Critical of SEC Emissions Report Proposal

Cummins plant Workers assemble diesel engine components at a Cummins plant. The engine maker believes the proposed disclosures are important, but execution could be burdensome. (Luke Sharrett/Bloomberg News)

A proposal by the U.S. Securities and Exchange Commission that would require public companies to report their greenhouse gas emissions to the agency was criticized in written comments by a handful of truckers and their trade organizations.

Eric Miller | Senior Reporter
June 23, 2022
Government, Business, Safety

SEC Plan Would Require Climate-Change Risk Disclosures

 The U.S. Securities and Exchange Commission headquarters in Washington, D.C. The U.S. Securities and Exchange Commission headquarters in Washington, D.C. (Al Drago/Bloomberg News)

Companies will need to reveal detailed information about their greenhouse gas pollution under a proposed U.S. Securities and Exchange Commission plan, marking a major shift in how corporations must show they are dealing with climate change.

March 21, 2022
Government, Business, Technology, Fuel, Autonomous

Musk Asks Judge to End SEC Oversight of His Tesla Tweets

Elon Musk Elon Musk says his tweets in 2018 were true about him considering taking Tesla private and that the funding had been secured. (Jeenah Moon/Bloomberg News)

Tesla Inc. Chief Executive Officer Elon Musk asked a judge to end the U.S. Securities and Exchange Commission’s oversight of his Twitter posts under a 2018 agreement because he claims it is being used to “trample” his free speech rights.

Bob Van Voris | Bloomberg News
March 8, 2022
Government, Business, Technology, Fuel, Autonomous

Nikola Misses Estimates, Details Additional SEC Inquiry

Nikola Nikola still intends to deliver 100 battery-electric Tre semis this year. (Nikola Corp.)

Nikola Corp. posted a narrower-than-expected loss for its latest quarter as the troubled electric-vehicle startup ramped up testing of its debut battery-electric Class 8 trucks and said securities regulators investigating the company issued an additional subpoena in March.

Dan Ronan | Senior Reporter
May 7, 2021
Government, Business, Top 100

Two Former Celadon Executives Charged in Fraud Scheme

Celadon headquarters John Sommers II for Transport Topics

The Securities and Exchange Commission and federal prosecutors on Dec. 5 charged two former top executives of Indianapolis-based trucking company Celadon Group Inc. for their participation in an accounting fraud in 2016 and 2017 that allegedly inflated the company’s income and earnings per share.

Eric Miller | Senior Reporter
December 5, 2019
Government, Business, Technology

Musk’s Tweets About Tesla Production Raise Questions on SEC Accord

Elon Musk Elon Musk arrives at federal court in New York on April 4. (Bloomberg News)

Elon Musk tweeted a Tesla Inc. production number that the company hadn’t communicated previously, presenting the first test case of whether his April settlement with securities regulators has made him more disciplined on social media.

July 30, 2019
Government, Business, Top 100

Celadon to Pay $42.2 Million After Admitting to Accounting Fraud

Celadon truck on a highway John Sommers II for Transport Topics

Celadon Group Inc. has agreed to pay $42.2 million to settle a federal investigation into allegations that a prior management team and a subsidiary company filed false and misleading statements to investors regarding tractors and trailers leased to owner-operators.

Eric Miller | Senior Reporter
April 25, 2019
Government, Business, Fuel

Tesla’s Elon Musk, SEC Get More Time to Solve Spat Over Tweets

Elon Musk Elon Musk arrives at federal court in New York on April 4. (Bloomberg News)

In a joint letter to U.S. District Judge Alison Nathan, Tesla Inc.’s top executive and the securities regulator said they haven’t been able to resolve a legal dispute over how Musk posts news about his electric-car company. The judge agreed and gave them until April 25.

April 19, 2019
Government, Technology

Elon Musk Tweets Another Tesla Forecast in Midst of SEC Talks

Elon Musk Elon Musk, CEO of Tesla, outside a federal court in New York on April 4. (Natan Dvir/Bloomberg News)

Elon Musk, already in hot water over his Twitter use, posted another Tesla Inc. production forecast reminiscent of the one that landed him before a federal judge earlier this month.

April 15, 2019
Government, Business, Technology, Fuel

VW Sued by SEC for Misleading Bondholders on Diesel Cheating

vw Akos Stiller/Bloomberg News

Volkswagen AG and its former CEO were sued by the U.S. Securities and Exchange Commission over claims they failed to disclose to investors that diesel vehicles violated emissions standards, the latest twist in a software cheating scandal that already has cost the company more than $30 billion.

Peter Blumberg | Bloomberg News
March 15, 2019

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