SEC charges Tesla CEO Elon Musk with fraud

In August, Musk tweeted that he was considering taking Tesla private, adding "funding secured."

Tesla CEO Elon Musk has been sued by the Securities and Exchange Commission for fraud, according to court documents filed Thursday. Sources close to the company told CNBC the company was also expecting to be sued, though Tesla was not named as a defendant in the complaint.

Shares of the automaker fell roughly 10 percent in extended trading Thursday. read more »

Insider Trading’s Odd Couple: The Goldman Banker and the NFL Linebacker

Damilare Sonoiki and Mychal Kendricks looked like they had it all. They made a bad team. read more »

SEC Charges Stryker A Second Time for FCPA Violations

The Securities and Exchange Commission today charged Stryker Corp. with violating the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act (FCPA), the second time the SEC has brought an FCPA action against the Michigan-based medical device company. read more »