Boeing Co. agreed to pay $200 million to settle U.S. Securities and Exchange Commission allegations that the company and its former Chief Executive Officer Dennis Muilenburg failed to properly disclose safety issues with its 737 Max jetliner.
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.June 23, 2022
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
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.
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.
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.December 5, 2019
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
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.April 25, 2019
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.
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.