Ten States Ask Court to Invalidate SEC’s New Climate Rule
A 10-state coalition is suing the U.S. Securities and Exchange Commission to thwart its new rule requiring companies to report greenhouse gas emissions.
ADM Shares Plunge After Accounting Probe Places CFO on Leave
Archer-Daniels-Midland Co. plunged after the U.S. agricultural trading giant suspended its CFO and cut its earnings outlook pending an investigation into its accounting practices.
Former Celadon Executives Settle Civil Case with SEC
Two former top executives for now-defunct Celadon Group Inc. have agreed to an undisclosed court settlement with the Securities and Exchange Commission in connection with civil fraud allegations dating to 2019.
Boeing to Pay $200 Million to Settle SEC Probe Over 737 Max
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.
Trucking Critical of SEC Emissions Report Proposal
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.
SEC Plan Would Require Climate-Change Risk Disclosures
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, 2022Musk Asks Judge to End SEC Oversight of His Tesla Tweets
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 Misses Estimates, Details Additional SEC Inquiry
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.
Two Former Celadon Executives Charged in Fraud Scheme
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.
Musk’s Tweets About Tesla Production Raise Questions on SEC Accord
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