The operators of the scams can be charged
with misleading investors with false rumours relating to stock exchange listed companies.
A Facebook shareholder is suing the social media giant for allegedly
misleading investors in the Cambridge Analytica affair that's currently rocking the social network.
Management
misled investors into thinking they were exploring «strategic alternatives» when really they were concerned with their own payoff.
Mary L. Schapiro, the chairman of the S.E.C., is now questioning whether fund
companies misled investors about the risks associated with target - date funds, a concern the mutual fund industry says is unjustified.
Using the powerful Martin Act, Schneiderman has previously claimed that Exxon Mobil
misled investors by failing to accurately report forecasts of the company's reserves.
Pomerantz is co-lead counsel in a securities class action against international pharmaceutical company Perrigo plc concerning allegations related to the company
misleading investors as to its revenue growth potential in order to encourage them to reject a tender offer by Mylan N.V.
Chipotle Mexican Grill, under scrutiny for months over outbreaks of foodborne illness linked to its restaurants across several U.S. states, was sued on Friday for
allegedly misleading investors about its food safety controls.
The state attorneys general of New York and Massachusetts, meanwhile, are investigating whether
Exxon misled investors about its risks from climate change.
In September 2012 after Fisker closed on $ 1.2 billion in funding, the bulk of it organized by Advanced Equities, the SEC charged the broker with
misleading investors when it raised money for another company back in 2009 and 2010 (Bloom Energy).
The New York Attorney General also announced in November that it is investigating claims that Exxon
Mobil misled investors about its financial risk to climate change, while its internal research showed that climate change possessed a serious thereat to their business.
Federal authorities have arrested the former chief financial officer of American Realty Capital Properties, charging Brian Block with
purposely misleading investors about the health...
The suit alleges that Tezos violated US Securities Law by selling unregistered securities, committing securities fraud, false advertising and unfair competition by
misleading investors regarding the nature of the company.
Additionally, the involvement of Peter Thomson should
n't mislead investors into thinking that his family's investment vehicle is behind Public Mobile, or retracting from its BCE stake.
Barclays has instructed US law firm trio Sullivan & Cromwell, Boies Schiller & Flexner and WilmerHale to defend it from a New York lawsuit alleging the
bank misled investors about its high frequency trading operations.
New York's attorney general Eric Schneiderman considers Secretary of State Rex Tillerson a central figure in his expanding investigation into whether
ExxonMobil misled investors about the impact of climate change.
Warren also called for a criminal investigation of Stumpf, claiming that both the Department of Justice and Securities and Exchange Commission should look into whether the CEO
knowingly misled investors by not disclosing the opening of the fake accounts in financial statements.
A month earlier drugmaker ICN Pharmaceuticals actually pleaded guilty to one count of criminal fraud for
intentionally misleading investors — over many years, it now seems — about the FDA approval status of its flagship drug, ribavirin.
«Do you support Attorney General Schneiderman's investigation to determine whether Exxon Mobil
deliberately misled investors, elected officials and the public about Climate Change?»
Massachusetts became the latest state investigating whether Exxon Mobil
Corp. misled investors and the public about how climate change may affect its business.
Buffett told CNBC television that Berkshire later invested in Southwest, and was disclosing that stake to
avoid misleading investors into believing he was avoiding the carrier.
Use of these measures as stock selection criteria
often misleads investors into buying stocks that are declining in price.
In 2015, Cromwell & Sullivan published another memo on a recent settlement between Peabody Energy and New York Attorney General Eric Schneiderman, wherein the coal company agreed to
stop misleading its investors and start acknowledging climate change risks in its annual SEC disclosures.
Investment firm Advanced Equities — which has raised money for cleantech companies like Bloom Energy, Fisker Automotive and SolFocus — has agreed to pay $ 1 million to settle charges by the Security and Exchange Commission that the firm
misled investors around a fund raise for a Valley alternative energy company back in 2009 and 2010.
A federal judge has dismissed a lawsuit by Exxon Mobil aimed at stopping an investigation by New York and Massachusetts officials into whether the oil
giant misled investors and the public about its knowledge of climate change.
Supporters of a fee - only rule say too many
brokers mislead investors, while opponents say it would limit choice and raise costs
At a press conference this week, CEO Hisao Tanaka kept his head bowed for almost 30 seconds, an appropriate amount of time to express shame and contrition for overstating profits by $ 1.2 billion and
misleading investors since 2008.
The attorney generals from 20 states announced plans to work with environmental campaign groups on ongoing or potential investigations into whether Exxon
misled investors decades ago about the impact their business had on climate change.
In 2012, Mizuho Securities USA Inc., a wholly - owned subsidiary of Mizuho Financial Group, agreed to pay $ 127.5 million to settle charges brought by the U.S. Securities Exchange Commission that alleged Mizuho Securities
USA misled investors by using «dummy assets» to inflate the credit rating of a collateralized debt obligation.
«
Shkreli misled investors in his self - indulgent scheme,» FBI Assistant Director - in - Charge William Sweeney in a statement after the verdict.
Australia's biggest milk producer Murray Goulburn and its board is being sued by investors for allegedly
misleading investors ahead of its float last year.
The Port Authority of New York and New Jersey agreed to pay a $ 400,000 fine to settle charges that the bistate
agency misled investors about risks associated with $ 2.3 billion in bonds to fund its projects.
«
BP misled investors about its safety procedures and its ability to respond to events like the ongoing oil spill and we're going to hold it accountable.»
As investor complaints to states increased, the North American Securities Administrators Association announced in April 2008 the formation of a multi-state Task Force, comprised of securities regulators in 12 states, to investigate whether the nation's prominent Wall Street firms had
systematically misled investors when placing them in auction rate securities.
To add insult to injury, multiple class - action lawsuits have been filed alleging that
EA misled investors about the game's revenue prospects.
A multi-year investigation by the attorney general for the State of New York resulted in a 2015 settlement that found Peabody
Energy misled investors and the public about climate change - related financial risks.