A class action lawsuit is being filed against the parent company of Silicon Valley Bank, alleging that the company didn’t disclose the risks that future interest rate increases would have on its business.
China fines Deloitte $30.8 million for failing to correctly audit a Chinese state-owned asset management company.
Crypto Firm Anchorage Digital to lay off 20% of staff, amid US Regulatory uncertainty.
China Huarong Asset Management Co. Ltd.
China Huarong and seven of its investment branches will be fined a total of 800,000 yuan for their internal governance flaws and risk control failures between 2014 and 2019.
Class actions have been commenced on behalf of stockholders of Amgen, one of the world’s largest independent biopharmaceutical companies, over failure to communicate tax liabilities.
Mitsubishi Heavy Industries Ltd.
South Korean forced labourers sue for compensation from Japan’s Mitsubishi Heavy.
Global Tech Industries Group, Inc. files lawsuit against Canaccord Genuity, LLC over alleged market manipulation.
Tesla is dealing with antitrust class actions alleging that the company distorts competition for maintenance and replacement parts for its electric vehicles
Pfizer has announced a recall of a popular prescription migraine tablet. Over 4 million packs of Nurtec are included in the recall due to faulty packaging.
Richard Branson's Virgin Orbit is furloughing nearly all its employees and pausing operations for a week as it looks for funding.