Supreme Court Reigns in SEC's Disgorgement Powers

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Supreme Court Reigns in SEC's Disgorgement Powers

The US Supreme Court has vacated a $26.4 million disgorgement fine levied by the US Securities and Exchange Commission (SEC) and set limits on the regulator’s ability to force convicted fraudsters to surrender profits as part of its enforcement of …
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Singapore's Lee Calls Election for New Mandate to Fight Pandemic

Follow Bloomberg on LINE messenger for all the business news and analysis you need. Singapore will hold an election on July 10 as Prime Minister
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At Tesla's Battery Day on September 15, Company Could Announce Battery Breakthrough

After an initial plan to show off Tesla’s battery technology in May or June was thwarted by coronavirus-related shelter-in-place orders, it looks like Tesla’s Battery Day event will tentatively take place on September 15, according to CEO Elon Musk. EV Battery …
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Italy's Newest Political Party Wants Country Out of the EU

Paragone, who cut his teeth in politics as a member of the anti-establishment Five Star Movement, told Bloomberg in an interview Monday that he'll
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Luckin Coffee Receives Formal Delisting Notice From Nasdaq; Shares Resume Plunge

Luckin Coffee Inc. (LK) – Get Report said Tuesday that it has received a formal delisting notice from the Nasdaq as the China-based rival to Starbucks (SBUX) – Get Report continues to suffer the fallout from its multi-million dollar ‘fake sales’ scandal.
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