Thursday, June 4, 2026

Thursday, June 4, 2026 | Back issues

Securities

Justices preserve SEC authority to claw back illicit funds in fraud cases

Kelsey Reichmann / June 4, 2026

The high court’s ruling broke from a trend of previous decisions cutting against the government’s power to strip wrongdoers of ill-gotten gains.

Investors accuse sports betting biz Sportradar of lying about black market dealings

Nina Pullano / May 19, 2026

Market researchers said Sportradar used black market gambling partners to drive a significant portion of its revenue.

Boeing seeks severance of investor class in Fourth Circuit

Joe Dodson / May 7, 2026

The aircraft company claims the investors failed to provide the court with a methodology for calculating the damages associated with the inflation of stock prices resulting from fraudulent promises of increased safety.

Judge approves $100M borrowers fund, $85M settlement in Wells Fargo diversity quota scandal

Quinn Welsch / May 5, 2026

The $100 million borrowers fund will provide low- to moderate-income homebuyers with money for down payments and closing costs.

Judge shields Kalshi election wagering in Arizona

Joe Duhownik / May 5, 2026

A Trump-appointed judge in Arizona found the state likely exceeded its authority by targeting election betting on the popular prediction market Kalshi.

Investor accuses FS KKR Capital of duping public amid yearslong losses

Jackson Healy / May 5, 2026

The private credit firm is blamed with misleading investors through upbeat assessments as its portfolio valuation continued to plummet.

Fifth Circuit probes whether spin-off shareholders actually ‘bought’ their stocks

Gabriel Tynes / April 27, 2026

Investors say they had to tender their old shares to receive the new ones, creating a sale under the Securities Act. But an oil and gas company insists the transaction left shareholders with the exact same economic interest.

San Francisco jury finds Elon Musk defrauded Twitter investors during $44 billion takeover

Margaret Attridge / March 20, 2026

Investors claimed Musk manipulated the market during his takeover of the social media company with misleading tweets and statements, causing them to lose billions of dollars.

Trial over Elon Musk’s $44 billion Twitter takeover heads to jury

Margaret Attridge / March 17, 2026

Investors accuse the billionaire tech mogul of manipulating the market during his 2022 acquisition of Twitter, causing them to lose billions of dollars.

Oil prices resume their rise, but US stocks hold steadier this time around

Associated Press / March 17, 2026

The U.S. stock market has a track record of bouncing back relatively quickly from military conflicts in the Middle East and elsewhere, as long as oil prices don’t stay too high for too long.

Investors tell 10th Circuit Palantir sold artificially inflated stocks

Joe Duhownik / March 16, 2026

Led by the largest public pension fund in the U.S., a class of investors say the defense contractor Palantir sold more than $2.2 billion in fraudulent stocks over a period of six months.