U.S. sues UBS, alleges fraud in mortgage securities

The U.S. government on Thursday filed a civil fraud lawsuit against UBS AG , accusing the Swiss bank of defrauding investors in connection with its sale of residential mortgage-backed securities in 2006 and 2007......»»

The U.S. government on Thursday filed a civil fraud lawsuit accusing UBS Group AG , Switzerland's largest bank, of defrauding investors in its sale of residential mortgage-backed securities leading up to the 2008-09 global financial crisis......»»

The U.S. Securities and Exchange Commission on Thursday sued Tesla chief executive Elon Musk, accusing him of securities fraud for making a series of "false and misleading" tweets about potentially taking the electric car company private......»»

Facebook Inc on Thursday sued a Hong Kong company that it said baited people into clicking on celebrities' photos and bogus advertising links, so it could install malware and run ads for counterfeit goods, diet pills and male enhancement supplements......»»

General Motors Co. on Wednesday sued Fiat Chrysler Automobiles, alleging racketeering, corruption and fraud charges. Detroit-based GM alleges that Auburn Hills, Michigan-based Fiat Chrysler paid millions of dollars in bribes to corrupt the labor barg.....»»

The class-action complaint accuses the retailer and two former executives of trying to “deceive the market” in order to inflate its stock price......»»

U.S. Bancorp (NYSE: USB) is suing Bank of America Corp. (NYSE: BAC) for what it claims is a breach of contract related to mortgage-backed securities. U.S. Bank filed the suit on Friday in U.S. District Court for the Southern District of New York. Th.....»»

The U.S. Securities and Exchange Commission (SEC) is suing Volkswagen (VW) and its former chief executive Martin Winterkorn over the German automaker's diesel emissions scandal, alleging a "massive fraud" on U.S. investors......»»

The Securities and Exchange Commission alleged in a court filing that Volkswagen had "perpetrated a massive fraud" and repeatedly lied to U.S. investors who bought bonds and other securities......»»

The U.S. Securities and Exchange Commission sued Volkswagen AG and its former chief executive Martin Winterkorn over the German automaker's diesel emissions scandal, accusing the company of perpetrating a "massive fraud" on U.S. investors......»»

The U.S. Securities and Exchange Commission sued Volkswagen AG and its former chief executive Martin Winterkorn over the German automaker's diesel emissions scandal late Thursday, accusing the company of perpetrating a "massive fraud" on U.S. investors......»»

Three arrests were made Wednesday for a hedge fund that allegedly inflated the value of the mortgage-backed securities they held by as much as $200 million......»»

NEW YORK (Reuters) - New York's highest court on Tuesday curbed the state attorney general's ability to fight fraud on Wall Street, awarding a victory to Credit Suisse Group AG as it tries to end an $11 billion lawsuit over risky mortgage securities......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The U.S. Securities and Exchange Commission has sued Elon Musk, alleging the Tesla CEO committed fraud. The lawsuit was filed in the U.S. District Court in Manhattan Thursday, according to Bloomberg. Tesla shares sank more than 10 percent in after-h.....»»

The U.S. Securities and Exchange Commission has sued Elon Musk, alleging the Tesla CEO committed fraud. The lawsuit was filed in the U.S. District Court in Manhattan Thursday, according to Bloomberg. Tesla shares sank more than 10 percent in after-h.....»»

Securities regulators sued Elon Musk for fraud and seeks to remove him from Tesla Inc......»»

Securities regulators sued Elon Musk for fraud and sought to remove him from Tesla Inc., raising doubts about the future of an electric-car maker synonymous with the audacious entrepreneur......»»

U.S. securities reg.....»»

Securities regulators sued Elon Musk for fraud and sought to remove him from Tesla, raising doubts about the future of an electric-car maker synonymous with the audacious entrepreneur......»»