Bali Police Arrest Woodridge Man, Marcus Beam, Wanted In $500,000 Investment Fraud SchemeThe SEC said that Marcus Beam is accused of misappropriating about $500,000 from investors that was supposed to be placed in investment funds.
Elon Musk, SEC Told To Meet For At Least 1 Hour About Tweets"We have always felt that we should be able to work through any disagreements directly with the SEC, rather than prematurely rushing to court."
SEC: Musk's Contempt Defense 'Borders On The Ridiculous'Legal experts say it's unlikely that Musk will be punished severely, but the commission wants to get on the record that Musk violated the terms, to prepare for any future violations.
Elon Musk To Pay $20M And Quit As Tesla Chairman In SEC DealMusk will be allowed to say as CEO but must leave his role as chairman of the board within 45 days.
SEC: Walgreens, 2 Former Execs Misled InvestorsFormer CEO Gregory Wasson and Wade Miquelon, former chief financial officer, will each pay $160,000, without acknowledging wrongdoing.
What The Smart Money Is Saying About TeslaTesla's stock fell 12% to $270 a share on Friday.
Governor Again Suspends State Funds For Uno; Puts $15M On HoldFor the second time this year, Gov. Pat Quinn has suspended state funding to the scandal-scarred United Neighborhood Organization, the biggest charter-school operator in Illinois.
SEC Charges State With Securities Fraud Dating From Blagojevich EraIllinois broke federal securities laws in misstating the true health of its depleted pension funds when going out onto the bond market between 2005 and early 2009, the Securities and Exchange Commission announced Monday.
SEC Sues Ex-Bear GaultThe SEC has accused former Chicago Bears wide receiver Willie Gault and five other people of artificially inflating the stock price of a company that makes a heart monitoring device.