- Apparent conflicts of interest may dog Tesla-SolarCity deal Updated: Jun-26-16 1:18 pm
SAN FRANCISCO - It's a proposal that would unite two companies on shaky financial ground as they plow into relatively new markets. One makes electric cars, the other installs solar panels. There are few obvious synergies.
- SEC: Texas CEO used funds on strip clubs, private jets Updated: Jun-24-16 6:03 pm
HOUSTON - A Texas energy company CEO dubbed the "frack master" is charged with defrauding investors of about $80 million, including misappropriating at least $30 million for personal expenses, including private jets and gentlemen's clubs, to "maintain a lifestyle of decadence and debauchery," according to a lawsuit filed Friday by federal regulators.
- NFLPA yanks registration of accused financial adviser Updated: Jun-22-16 5:09 pm
WASHINGTON - The NFL Players Association on Wednesday suspended the registration of a financial adviser accused of cheating several professional athletes, including Denver Broncos quarterback Mark Sanchez, out of millions of dollars in a Ponzi-like scheme.
- Ex-Chicago charter school boss settles securities fraud case Updated: Jun-22-16 6:54 am
CHICAGO - The former executive of a Chicago charter school group has agreed to settle securities fraud charges.
- SEC says Peavy, Sanchez among athletes defrauded in scheme Updated: Jun-21-16 11:49 pm
HOUSTON - Several professional athletes, including San Francisco Giants pitcher Jake Peavy, Denver Broncos quarterback Mark Sanchez and retired Houston Astros pitcher Roy Oswalt, were cheated out of more than $30 million by an investment adviser in a Ponzi-like scheme, federal investigators said Tuesday.
- Analogic, BK Medical agree to pay $15M to settle charges Updated: Jun-21-16 5:00 pm
PEABODY, Massachusetts - Analogic Corp. and its Danish subsidiary have agreed to pay nearly $15 million to settle civil and criminal investigations into violations of the Foreign Corrupt Practices Act.
- Newest stock exchange looks to slow down high-speed traders Updated: Jun-18-16 1:31 pm
NEW YORK - Slow down markets, you move too fast. The nation's newest stock exchange has arrived, one that is looking to slow down high-frequency traders by putting speed bumps in their way.
- Chicago-area school district under federal investigation Updated: Jun-15-16 12:58 pm
NEW LENOX, Illinois - Documents show the Securities and Exchange Commission is investigating a suburban Chicago school district's bonds, budgets and annual financial reports.
- SEC fines, censures former superintendent in California Updated: Jun-14-16 9:37 am
CLOVIS, California - The U.S. Securities and Exchange Commission has censured and fined the former superintendent of a California school district and popular Fresno-area education consultant.
- US appeals court skeptical of House claims in stock case Updated: Jun-13-16 6:01 pm
NEW YORK - Federal appeals court judges expressed skepticism Monday toward efforts by a powerful committee of the U.S. House of Representatives to shield itself from a regulator's insider trading probe.
- Williams County officials pull building permit for Ray hotel Updated: Jun-11-16 11:21 am
RAY, North Dakota - A hotel project in Ray has lost its building permit over unsafe conditions and a lack of activity on the property for at least six months.
- Texas AG Paxton asks court to dismiss civil fraud lawsuit Updated: Jun-09-16 6:01 pm
AUSTIN, Texas - Calling it a "dramatic overreach" by federal regulators, Texas Attorney General Ken Paxton asked a judge Thursday to dismiss a civil fraud lawsuit over his efforts to recruit investors to a high-tech startup before he was the state's top prosecutor.
- Despite fraud investigation of owner, Burke Mountain is back Updated: Jun-05-16 12:15 pm
EAST BURKE, Vermont - One of two ski resorts owned by a Miami businessman accused of massive fraud has reopened for the mountain biking season and its new hotel is slated to open in the fall.
- SEC charges Charlotte investment adviser with fraud Updated: Jun-03-16 6:43 am
CHARLOTTE, North Carolina - The U.S. Securities and Exchange Commission has accused a Charlotte investment adviser of defrauding investors by secretly moving portions of real estate investments into transactions with companies he owned or operated himself.
- Adelson settles lawsuit with ex-head of China casino unit Updated: Jun-01-16 1:48 am
HONG KONG - Billionaire Sheldon Adelson's casino company is ending its long-running U.S. lawsuit with the former head of its Chinese division, the company said Wednesday.