Elon Musk was quietly whisked into the New Castle County Courthouse in Delaware on Monday morning, evading a gaggle of press anxiously awaiting his arrival in connection with a lawsuit over Tesla’s 2016 acquisition of a solar energy generation company. What was lacking in any grand entrance, however, was made up for inside the seventh-floor… Continue reading Tesla CEO Elon Musk Defends SolarCity Purchase Against Conflict of Interest Allegations
Tag: conflict of interest
SEC’s Broker Rule to Require Bias Disclosures; Effect on Pay Practices Unclear
Investors will soon learn more about conflicts of interest that can bias investment advice under a regulatory action that is expected to be completed on Wednesday. Less clear is whether it would disrupt how brokers are paid. The Securities and Exchange Commission plans to vote Wednesday on what it calls Regulation Best Interest, which says… Continue reading SEC’s Broker Rule to Require Bias Disclosures; Effect on Pay Practices Unclear
Screenwriters Union Sues Talent Agencies Over Alleged Conflicts of Interest
The union representing Hollywood screenwriters has taken its fight with talent agencies to court. In a suit filed Wednesday in California Superior Court, the Writers Guild of America alleged that the major agencies’ use of certain business practices puts their own financial interests ahead of their clients’. The defendants are the four biggest agencies: Endeavor… Continue reading Screenwriters Union Sues Talent Agencies Over Alleged Conflicts of Interest