FDIC sues 17 former Silicon Valley Bank executives over collapse – CNN

(Reuters) — The FDIC on Thursday sued 17 former Silicon Valley bank executives and directors for alleged gross negligence and breaches of fiduciary duty that contributed to the bank's collapse in March 2023, one of the nation's largest bank failures. It sought recovery of billions of dollars. In a complaint filed in San Francisco federal […]

Justin Baldoni sues Blake Lively and Ryan Reynolds for civil extortion, defamation

Justin Baldoni accuses Blake Lively and Ryan Reynolds of civil extortion, defamation and other charges in a lawsuit filed Thursday. In a lawsuit filed in the Southern District of New York and obtained by Fox News Digital, Baldoni accused Lively of tormenting him, his family and his co-workers. The actor requested a jury trial and […]

US sues Elon Musk for allegedly failing to disclose early Twitter stock purchase | Elon Musk

U.S. financial regulators have charged Elon Musk with threatening other shareholders by failing to disclose his ownership of Twitter shares and then acquiring the company's shares at “artificially low prices.” The Securities and Exchange Commission (SEC) filed suit late Tuesday against Musk in federal court in Washington, D.C., alleging securities violations. The complaint alleges that […]

SEC sues Musk, alleging Twitter-related securities violation

The Securities and Exchange Commission (SEC) has charged tech billionaire Elon Musk with securities fraud by failing to disclose his ownership stake in Twitter Inc. According to the SEC's complaint filed Tuesday in Washington, D.C. District Court, Musk provided information that allowed him to underpay for Twitter stock he purchased “after the deadline for filing […]

Consumer bureau sues Capital One for 'cheating' customers on savings account interest

The government's consumer watchdog group sued Capital One on Tuesday, accusing it of “defrauding” customers of billions of dollars in interest. Consumer Financial Protection Bureau (CFPB) Accusing big banks Despite promising the “highest'' and “highest'' interest rates in the country, interest rates on 360 savings accounts will be frozen at a low level due to […]

Alec Baldwin sues prosecutors and investigators tied to ‘Rust’ case

Actor Alec Baldwin has filed a civil lawsuit alleging malicious prosecution and civil rights violations in the shooting death of a cinematographer on the set of the western movie “The Last.” The case was filed Thursday in state district court in Santa Fe, where a judge in July dismissed manslaughter charges against Baldwin in the […]