SEC Sues Volkswagen for Concealing Its Diesel Emissions Cheating from Investors

Volkswagen AG was sued by the U.S. Securities and Exchange Commission over claims it failed to disclose to investors that its diesel vehicles violated emission standards, the latest twist in a software cheating scandal that has already cost the company more than $30 billion. The German automaker sold billions of dollars of corporate bonds and […]

Tesla CEO Elon Musk Faces Possible Suspension For Violating SEC Settlement

Elon Musk faces a possible suspension from his position as Tesla’s CEO after Securities and Exchange Commission lawyers say he violated a settlement with the SEC. Musk was ousted as Tesla chairman and paid a $20 million fine in September after the SEC filed a lawsuit against him claiming he misled investors in a series […]