Corporate crime

FILE - In this July 8, 2018 file photo, a 2018 Model X sits on display outside a Tesla showroom in Littleton, Colo. Elon Musk’s murky future as Tesla Motors’ CEO amid a securities fraud lawsuit isn’t the only cloud hanging over the electric car maker. The company was on shaky financial ground even before government regulators set out to remove Musk, a blow that has increased the pressure on Tesla to prove it can consistently manufacture enough cars to survive. (AP Photo/David Zalubowski, File)
September 29, 2018 - 4:17 pm
SAN FRANCISCO (AP) — Elon Musk's future with Tesla Motors is clearer after the company settled a securities fraud lawsuit with the federal government, but there are other clouds hanging over the electric car maker. Under an agreement announced Saturday by the Securities and Exchange Commission,...
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September 29, 2018 - 3:26 pm
SAN FRANCISCO (AP) — Tesla and its CEO Elon Musk have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped investors with misleading statements about a proposed buyout of the company. The settlement allows Musk to remain CEO of the...
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FILE - This Aug. 8, 2018 file photo shows the Tesla emblem on the back end of a Model S in the Tesla showroom in Santa Monica, Calif. Tesla investors have taken a wild ride as Wall Street values the promise of one of the world’s leading electric car makers, the hurdles the company faces as it tries to become a world-class manufacturer, and a mercurial CEO who can get the market buzzing with a single tweet. (AP Photo/Richard Vogel, File)
September 28, 2018 - 11:41 am
NEW YORK (AP) — Tesla investors have taken a wild ride as Wall Street values the promise of one of the world's leading electric car makers, the hurdles the company faces as it tries to become a world-class manufacturer, and a mercurial CEO who can get the market buzzing with a single tweet. Tesla...
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In this January 18, 2008, photo, former Chinese securities regulator Yao Gang, right, and Clara Furse, the then-Chief Executive of the London Stock Exchange, participate in a ribbon-cutting event at a business center for the LSE in Beijing. Yao, the former deputy chairman of the China Securities Regulatory Commission, was sentenced Friday, Sept. 28, 2018, to 18 years in prison on charges of taking bribes and insider trading. (Chinatopix via AP)
September 28, 2018 - 2:07 am
BEIJING (AP) — A former Chinese stock market regulator who was detained after a collapse in share prices in 2015 was sentenced Friday to 18 years in prison on charges of taking bribes and insider trading. Yao Gang, a former deputy chairman of the China Securities Regulatory Commission, was one of a...
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FILE- In this Sept. 17, 2018, file photo SpaceX founder and chief executive Elon Musk speaks after announcing Japanese billionaire Yusaku Maezawa as the first private passenger on a trip around the moon in Hawthorne, Calif. U.S. securities regulators have filed a complaint against Musk alleging that he made false and misleading statements about plans to take the company private in August. (AP Photo/Chris Carlson, File)
September 27, 2018 - 6:51 pm
DETROIT (AP) — U.S. securities regulators are asking a federal court to oust Tesla Inc.'s Elon Musk as chairman and CEO, alleging in a complaint that he committed securities fraud with false statements about plans to take the company private. The Securities and Exchange Commission says in the...
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In this image made from a Sunday, Sept. 23, 2018, video by KTRK-TV, Cody Wilson walks out of the Harris County Jail in Houston. Wilson, the owner of a Texas company that sells plans to make untraceable 3-D printed guns, is free on bond after being accused by authorities of having sex with an underage girl. (KTRK-TV via AP)
September 25, 2018 - 11:26 am
AUSTIN, Texas (AP) — An activist who garnered national attention for running a Texas company that sells blueprints for making untraceable 3D-printed guns has resigned from the firm he founded after being arrested on charges of having sex with an underage girl. Cody Wilson tendered his resignation...
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September 23, 2018 - 10:32 am
CHICAGO (AP) — A former OpenTable employee has been charged with wire fraud for allegedly making hundreds of bogus reservations at Chicago restaurants to undermine a rival booking service. The Chicago Sun-Times reports that prosecutors allege in charging documents that 30-year-old Steven Addison...
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FILE - This combination of Jan. 6, 2011 file images shows Gamal Mubarak, left, and Alaa Mubarak, right, attending a Christmas Eve Mass at the Coptic cathedral in Cairo, Egypt. An Egyptian court on Thursday, Sept. 20, 2018 ordered the release from detention of former president Hosni Mubarak's two sons who are on trial on insider trading charges. (AP Photo/File)
September 20, 2018 - 10:10 am
CAIRO (AP) — An Egyptian court on Thursday ordered the release from detention of former president Hosni Mubarak's two sons, overturning a ruling by another court whose judge surprisingly told police to arrest them and send them to prison. The judge in the Sept. 15 hearing ordered the detention of...
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EU Consumer Commissioner Vera Jourova talks to journalists during a news conference at the European Commission headquarters in Brussels, Thursday, Sept. 20, 2018. European Union officials say Airbnb has agreed to clarify its pricing and booking system in response to complaints that they could mislead consumers. (AP Photo/Francisco Seco)
September 20, 2018 - 3:52 am
BRUSSELS (AP) — The European Union's consumer protection chief said Thursday she's growing impatient with Facebook's lack of action in complying with the bloc's demands to be more transparent with users about their data. EU Consumer Commissioner Vera Jourova said she's still waiting for results...
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Herve Falciani, left, leaves the national court after an extradition hearing in Madrid, Spain, Tuesday, Sept. 11, 2018. A former HSBC employee convicted of economic espionage in Switzerland is resisting extradition from Spain, arguing that his massive data leak from the bank's Geneva subsidiary led to dozens of judicial tax evasion probes worldwide. (AP Photo/Aritz Parra)
September 18, 2018 - 5:39 am
MADRID (AP) — A Spanish court on Tuesday rejected a request to extradite a former HSBC employee to serve a five-year prison sentence in Switzerland, where he was convicted for leaking a massive trove of bank data that led to tax evasion probes worldwide. The ruling was the second time Spain's...
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