U.S. Securities and Exchange Commission

  • CEO Nov 4, 2019

    Federal Investigators Probe Under Armour's Accounting

    Under Armour Inc. is being investigated by federal authorities over its accounting practices. The athletic gear company said Sunday that it has been cooperating with the U.S. Securities and Exchange Commission and the U.S. Department of Justice on their investigations for two years. The company said it firmly believes its accounting practices and disclosures were appropriate. Under Armour reports earnings...

  • Associated Press Jul 31, 2019

    Investment Adviser Gets 20-Year Sentence in Fraud Case

    A Maryland investment adviser was sentenced Wednesday to 20 years in prison for defrauding investors out of millions of dollars, some of which she spent on astrological gems, cosmetic medical procedures and religious rituals in India.

  • United States Apr 27, 2019

    Elon Musk and SEC Settle Dispute Over Telsa CEO's Tweets

    Elon Musk and U.S. securities regulators have settled their dispute over the Tesla CEO’s tweets, with Musk agreeing to having his future communications regarding the electric-car maker pre-approved by a company-employed expert. The Securities and Exchange Commission and Musk reached the agreement, which they detailed in filings Friday in federal court in Manhattan. The agreement must be approved by U.S....

  • ATTORNEY Apr 15, 2019

    Ex-Volkswagen CEO Charged With Fraud in Germany

    German prosecutors have charged former Volkswagen CEO Martin Winterkorn and four others with fraud and other offenses in connection with the company’s massive, multi-year effort to cheat on diesel emissions testing. Prosecutors said Monday that Winterkorn knew about the deceptive practice since at least May 2014, and failed to put a stop to it. That contradicted Winterkorn’s claim that he...

  • United States Apr 13, 2019

    ‘We Need to Up Our Game' New Interior Sec Says on Repairs

    On new Interior Secretary David Bernhardt’s first day on the job, News4’s Mark Segraves asked him about potholes on the BW Parkway. Bernhardt says those potholes are part of the larger, $12 billion backlog problem he plans to address with the NPS.

  • Donald Trump Apr 8, 2019

    Homeland Security Sec. Nielsen Resigns Amid Border Turmoil

    President Donald Trump says Homeland Security Secretary Kirstjen Nielsen is leaving her job amid growing frustration by the administration over the number of southern border crossings.

  • California Apr 4, 2019

    Tesla Finally Launches Model 3 for $35K

    At long last, the $35,000 Tesla Model 3 is a reality. After teasing “news” on Twitter, Tesla CEO Elon Musk has delivered the lowest-price Tesla yet. Scott Budman reports.

  • Facebook Mar 20, 2019

    Why Levi Strauss, World's Biggest Denim Brand, Is Going Public

    This week denim lovers will get the opportunity to invest in more than just a pair of Levi 501s. For the first time in more than three decades, investors can buy shares of the world’s biggest jeans seller. Levi Strauss & Co. is expected to list nearly 37 million shares on the New York Stock Exchange at a price between...

  • inc. Mar 15, 2019

    SEC Charges Volkswagen, Former CEO With Defrauding Investors in Diesel Emissions Scandal

    U.S. regulators charged Volkswagen and former CEO Martin Winterkorn with defrauding investors during its massive diesel emissions scandal. The charges from the U.S. Securities and Exchange Commission come two years after the German automaker settled with the U.S. over criminal and civil charges, as the company tries to distance itself from one if its darkest eras. The SEC said that...

  • JUDGE Feb 26, 2019

    SEC Seeks Contempt Charges Against Tesla CEO Elon Musk

    Stock market regulators are asking a federal court to hold Tesla CEO Elon Musk in contempt for violating an agreement requiring him to have his tweets about key company information reviewed for potentially misleading claims.

  • CEO Feb 22, 2019

    At Kraft Heinz, a Fed Investigation and a $15.4B Write-Down

    Kraft Heinz disclosed an investigation by federal regulators and will slash the value of its Oscar Mayer and Kraft brands by $15.4 billion. Shares plunged 26 percent at the opening bell Friday, the company’s biggest single-day decline, after posting a stunning $12.6 billion loss for the fourth quarter. Kraft Heinz divulged the receipt of a subpoena in October from the...

  • Asher Klein Dec 29, 2018

    DHS Secretary Nielsen Visits Border After Child's Death

    Homeland Security Secretary Kirstjen Nielsen went to an Arizona border city Saturday on the second day of a southwest tour following the recent death of another Guatemalan migrant child in U.S. government custody, which President Donald Trump said was “strictly the fault of the Democrats.”. DHS spokeswoman Katie Waldman said Nielsen was in Yuma, Arizona, but gave no other details....

  • director Aug 16, 2018

    SEC Subpoenas Tesla About CEO's Buyout Plans: Report

    Government regulators have subpoenaed Tesla as they dig deeper into CEO Elon Musk’s recent disclosure about a potential buyout of the electric car maker, according to media reports. The subpoena from the Securities and Exchange Commission demands information from each of Tesla’s nine directors, according to a story published Wednesday in The Wall Street Journal . The newspaper cited an...

  • United States Jul 17, 2018

    Ivanka Trump Visits Prince George's Community College

    Ivanka Trump and U.S. Secretary of the Air Force Heather Wilson paid a visit Tuesday to Prince George’s Community College.

  • Jul 17, 2018

    Ivanka Trump Visits STEM Camp in Prince George's County

    First daughter Ivanka Trump stopped by a science summer camp in Maryland on Tuesday. News4’s Tracee Wilkins has the story. 

  • United States Jun 11, 2018

    Sec. of State Mike Pompeo Previews North Korea Summit

    Secretary of State Mike Pompeo told reporters Monday that ongoing talks between the United States and North Korea were advancing well, but stressed the meeting would be the beginning of a process that would “set the conditions for future talks.”

  • Maryland May 11, 2018

    US Rep. Calls for Review of Md. Lab He Says Kills Kittens

    A Michigan congressman is calling for a review of a USDA lab in Maryland that he says conducts medical research on kittens and then kills them.

  • JUDGE May 9, 2018

    99 Problems: Judge Orders Jay-Z to Face SEC Questions in Financial Probe

    Jay-Z’s busy schedule as he prepares for global tour got a little busier Tuesday when a New York judge said he must spend a day answering questions from the Securities and Exchange Commission in a financial probe of a company he sold his apparel business to over a decade ago.

  • NBC NEWS May 4, 2018

    Judge Orders Jay-Z to Explain Why He's Dodging a Subpoena

    A federal judge has ordered Jay-Z to appear in court next week to say why he’s dodging a subpoena related to a Securities and Exchange Commission investigation of a company that bought his Rocawear clothing line. In an order made public Thursday, U.S. District Judge Paul G. Gardephe instructed the performer and entrepreneur, whose birth name is Shawn Carter, to...

  • WASHINGTON Apr 28, 2018

    Redskins Draft LSU RB Derrius Guice

    The Redskins hope Guice solves their running back problem, something senior vice president of player personnel Doug Williams promised recently acquired quarterback Alex Smith he’d do.

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