Securities and Exchange Commission

This Feb. 21, 2018, file photo shows a display of Heinz Ketchup in a market in Pittsburgh.
Gene J. Puskar/AP Photo, File
May 06, 2019 - 7:53 am
By Michelle Chapman, AP Business Writer Kraft Heinz is restating its financial results for the years 2016, 2017, and for the first nine months of 2018. The company said in February that it was being investigated by the Securities and Exchange Commission over its procurement operations. Kraft Heinz...
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In this Tuesday, Jan. 31, 2017, file photo, the Slack app is displayed on a mobile phone in New York.
Mark Lennihan/AP Photo, File
April 26, 2019 - 12:15 pm
NEW YORK (AP) — Work messaging platform Slack is taking the next step in filing to go public, the latest in several highly anticipated tech IPOs. In documents posted with the Securities and Exchange Commission Friday, Slack Technologies Inc. says it posted a loss of $138.9 million on revenue of $...
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College cheating scam
Alberto Mier/CNN
March 15, 2019 - 10:49 am
By Mark Morales, CNN (CNN) -- The tip that triggered the investigation into the largest alleged collegiate entrance scam ever prosecuted came from a financial executive's last-ditch effort to squirm out of the crosshairs of federal authorities, a law enforcement official tells CNN. The executive,...
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Tesla CEO Elon Musk
Kiichiro Sato/AP, file
February 25, 2019 - 9:14 pm
SAN FRANCISCO (AP) — Tesla CEO Elon Musk's tweeting habits have triggered another legal challenge from stock market regulators worried about him using his Twitter account to mislead investors. The latest dust-up emerged late Monday when the Securities and Exchange Commission asked a federal court...
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Music producer DJ Khaled and boxer Floyd Mayweather Jr. were charged by the Securities and Exchange Commission Thursday with promoting investments in initial cryptocurrency coin offerings without revealing that they'd been paid.
Getty Images via CNN
November 29, 2018 - 8:05 pm
By Ahiza Garcia, CNN Business (CNN) -- Music producer DJ Khaled and boxer Floyd Mayweather Jr. were charged by the Securities and Exchange Commission Thursday with promoting investments in initial cryptocurrency coin offerings without revealing that they'd been paid. The SEC has said that...
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Elon Musk
AP Photo/Chris Carlson, File
September 30, 2018 - 8:08 am
SAN FRANCISCO (AP) — Tesla and its CEO Elon Musk have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped investors with misleading statements about a proposed buyout of the company. The settlement with the Securities and Exchange...
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Elon Musk
Photo Illustration: Tesla/Shutterstock/CNNMoney
September 28, 2018 - 10:32 am
By Matt Egan (CNN Money) -- Elon Musk is the heart and soul of Tesla. If the SEC gets its way, he could have to step down. The SEC filed a lawsuit on Thursday that accused Musk of making "false and misleading" statements about a plan to take Tesla private. The real shocker is the SEC wants a judge...
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Elon Musk
AP Photo/Kiichiro Sato, File
August 13, 2018 - 4:56 pm
DETROIT (AP) — Saudi Arabia's sovereign wealth fund would be the main source of money for Tesla CEO Elon Musk's grand plan to take the company private, but the deal isn't done yet, Musk disclosed in a blog on Monday. The fund approached Musk about going private multiple times during the past two...
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One analyst thinks Spotify is worth $43.5 billion as a public company
Credit: Spotify
March 29, 2018 - 2:32 pm
By Paul R. La Monica (CNN Money) -- Spotify was valued at about $8.5 billion the last time it raised money from private investors. Now it's about to go public — and one analyst thinks $43.5 billion is more like it. Mark Mahaney of RBC Capital Markets said in a report Thursday that he's bullish on...
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