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Supreme Court lets challenges to federal agencies go forward
The Supreme Court is allowing challenges to the structure of two federal agencies to go forward in federal court.
Panel awards $1.5 million to man wrongfully involved in SEC case
A Pikesville man obtained a $1.5 million award against his broker Wednesday after an arbitration panel determined the broker was liable for wrongfully involving him in Securities and Exchange Commission […]
Defendant in $364 million Ponzi scheme case seeks dismissal of SEC charges
One of the defendants charged criminally in a $364 million Ponzi scheme is asking a federal judge to dismiss the Securities and Exchange Commission civil complaint or transfer the case […]
Jury conjures guilty verdict in Maryland woman’s fraud trial
An investment adviser was convicted Wednesday of charges she defrauded investors out of millions of dollars, some of which she used to pay more than $800,000 for prayers by Hindu priests in India to ward off federal investigators.
Jury deliberating in fraud trial of Ponzi scheme suspect
GREENBELT — A federal jury began deliberating Tuesday in the trial of an investment adviser charged with orchestrating a multimillion-dollar Ponzi scheme to finance her lavish lifestyle, including spending more […]
Ponzi scheme suspect paid $720K for prayers amid SEC probe
An investment adviser charged with orchestrating a multimillion-dollar Ponzi scheme spent nearly three-quarters of a million dollars on prayers by Hindu priests in India to ward off a federal investigation and save her failing business, according to testimony at her trial this week.
Why Musk aimed high on Tesla’s stock price
The things a chairman and CEO of a company will do for love.
Tesla without Musk at the wheel? It’s what the SEC now wants
The Securities and Exchange Commission has asked a federal court to oust Elon Musk as Tesla's chairman and CEO, alleging he committed securities fraud with false statements about plans to take the company private.
Judge dismisses Under Armour shareholder lawsuits
A federal judge has dismissed two lawsuits brought by Under Armour shareholders against the company, finding the complaints were either time-barred or failed to adequately allege that the company intentionally misled about sales and future profits.
Trump asks SEC to consider ending required quarterly reports
President Donald Trump says he's asking federal regulators to consider scrapping the requirement for public companies to report quarterly results, after business executives told him twice-yearly reports would make better economic sense.
Ex-ITT executives agree to settlements with SEC
The former CEO of the parent company of for-profit ITT Technical Institute has agreed to pay $200,000 to settle a lawsuit accusing the company's management of hiding from investors the now-defunct firm's rapidly eroding financial condition.
SEC settles with Columbia-based biotech company over fraud allegations
A Columbia-based biotech company will pay a $1.5 million penalty to settle a Securities and Exchange Commission lawsuit alleging the company and former executives mislead investors. Osiris Therapeutics Inc. did […]
