Securities
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The U.S. Securities and Exchange Commission on Monday told a California federal judge that Volkswagen AG was partly to blame for the lengthy time period between the revelation of the German automaker’s emissions scandal and the agency’s filing of its suit against the company… Read this piece in its entirety at Law360.
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The U.S. Senate voted Thursday to confirm President Donald Trump’s nominee to fill an open spot as a commissioner at the U.S. Securities and Exchange Commission… Read this piece in its entirety at Law360.
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A New York state court on Thursday pared back, but declined to dismiss, a $2 billion suit alleging online entertainment companies IAC and Match Group Inc. deliberately tanked the valuation of the Tinder dating app company, thereby lowering the value of employees’ stock options… Read this piece in its entirety at Law360.
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The executive in charge of U.S. sales for Fiat Chrysler Automobiles NV says the company cut off most of his compensation after he cooperated with a U.S. Securities and Exchange Commission probe of FCA’s sales figures, according to a suit removed on Wednesday to Michigan federal court… Read this piece in its entirety at Law360.
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PPG Industries has agreed to pay $25 million to settle claims it deceived investors by overstating certain financial results that the company alleges were the result of a minor accounting error, according to California federal court filings… Read this piece in its entirety at Law360.
Mike LaSusa 