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The U.S. Securities and Exchange Commission (SEC) announced on Friday that it plans to seek sanctions against Elon Musk after he failed to appear for court-ordered testimony in the agency’s investigation of his $44 billion acquisition of Twitter. In a filing in San Francisco federal court, the SEC stated it would request an order compelling…
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A financial industry trade association has sued the U.S. Securities and Exchange Commission (SEC) for information about the agency’s multibillion-dollar crackdown on how banks and other firms handle work-related communication on personal devices. The American Securities Association filed the lawsuit in Tampa federal court on Thursday, claiming that the SEC improperly rejected its request under…
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The University of Virginia has reached a settlement of $9 million with the families of the victims affected by the tragic 2022 mass shooting. However, while this financial compensation provides some closure, the families emphasize that their quest for justice is far from over. The settlement follows an investigation into the university’s response to the…
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