Tesla receives subpoena from U.S. securities regulator over 2018 settlement

REUTERS

Tesla Inc (TSLA.O) said on Monday it received a subpoena from the U.S. securities regulator related to a settlement that required Chief Executive Elon Musk's tweets on material information to be vetted. read more »

Laurence Doud, Former CEO Of Pharmaceutical Distributor, Convicted Of Conspiring To Distribute Controlled Substances And Defrauding The DEA

DOJ

Damian Williams, United States Attorney for the Southern District of New York, announced that LAURENCE F. DOUD III, the former Chief Executive Officer of Rochester Drug Co-Operative, Inc. (“RDC”), was convicted today in Manhattan federal court of conspiring to distribute unlawfully oxycodone and fentanyl and conspiring to defraud the Drug Enforcement Administration (“DEA”).  DOUD was convicted after a two-week jury trial before U.S. District Judge George B. Daniels. read more »

As NFTs flourish, U.S. Treasury raises alarm over money laundering in art

REUTERS

The U.S. Treasury Department on Friday issued a set of recommendations to combat illicit finance in the high-value art market and warned that the emerging digital art market, such as non-fungible tokens (NFTs), may present new risks. read more »

KPMG sued for $1.8 bln over Carillion audit

REUTERS

A British government receiver is suing KPMG for 1.3 billion pounds ($1.77 billion) over alleged negligence during its audit of collapsed construction giant Carillion, in one of the largest claims against one of the world's top accountants. read more »