Latest in SEC

The world's richest man has the funds to buy Twitter. But if he can’t clinch a deal for some reason, he told a TED Talk Thursday, he'll bring along as many shareholders as he can to reform the social media giant that’s become America’s “public square.” "I could technically afford it. But this [deal] is not a way to…

Elon Musk twice violated a court order meant to prevent the Tesla CEO from allegedly using Twitter to manipulate the stock market, according to documents obtained by the Wall Street Journal on Tuesday. The Securities and Exchange Commission alleged in a lawsuit that Musk committed fraud by tweeting about a potential…

WarnerMedia parent AT&T has been sued by the Securities and Exchange Commission for alleged violations of a regulation known as Reg FD that requires so-called fair disclosure of financial information. The SEC civil suit against the telecom giant and three of its investor relations executives claims they selectively…

ESPN has reached a 10-year deal with the Southeastern Conference, a major college football power and a linchpin of its linear ratings and streaming ambitions. The Disney sports division has a decades-old relationship with the conference. Games will continue to air on ESPN and its portfolio of networks, but will also…

The Big Ten’s Maryland-Ohio State matchup this weekend has been canceled, joining a slate of SEC games already on the sidelines because of COVID-19 positive tests. Maryland-Ohio State was nixed after the Terrapins paused team activities Wednesday while announcing that eight players had tested positive. The game will…

The college sports dominos are starting to tumble, as the Big Ten conference announced today that its fall athletics schedule will be strictly in-conference. The move comes a day after the Ivy League announced that it will not hold any fall sports. Reports indicate the other Power 5 athletic conferences – the…

The Southeastern Conference, a dominant force in the big-money sport of college football, has given the go-ahead for athletes to return to campus for voluntary practices starting June 8. Presidents of SEC universities voted Friday to reopen campuses for athletic activity, a widely expected move that pushes football a…

Securities regulators have accused Tesla CEO Elon Musk of misleading investors with false statements, in a move that could result in his removal from the electric car company he helped launch 15 years ago. In a lawsuit filed in federal court in New York, the Securities and Exchange Commission accuses Musk of…

In an effort to keep subscription ticketing service MoviePass afloat, parent company Helios & Matheson Analytics said it may raise up to $1.2 billion through a combination of stock and debt offerings. According to an SEC filing, the company said it would use the proceeds “for general corporate purposes of Helios and…

The U.S. Securities and Exchange Commission has issued a warning to celebrities on a hot new digital investment, initial coin offerings. The SEC said they may be breaking the law if they don’t disclose paid endorsement of the ICOs. Boxing champion Floyd Mayweather, rapper Ghostface Killah, and celebutant Paris Hilton…

A Texas federal jury took less than four hours to reject the SEC‘s claim that the sports and media entrepreneur, and star of ABC’s Shark Tank, had engaged in insider trading in 2004 when he sold his stock in Canadian search engine Mamma.com. “The SEC regulates through litigation, and that’s its own problem," Dallas…

For one side or the other, it looks like a Shark is going to take the stand in his own insider trading trial this fall. Both Shark Tank judge Mark Cuban's lawyers and attorneys for the U.S. Securities and Exchange Commission late last week named the entrepreneurial reality series judge as a witness in the upcoming…