A U.S. judge has rejected former Allianz fund manager Gregoire Tournant’s bid to dismiss a criminal fraud case over his role in causing more than $7 billion of investor losses.
Tag: criminal fraud
Tesla Faces Deepening Criminal Probe Over Whether It Misstated Production Figures
Tesla Inc., with a fresh civil fraud settlement now behind it, faces a new legal problem: a deepening criminal investigation. Federal Bureau of Investigation agents are examining whether Tesla misstated information about production of its Model 3 sedans and misled investors about the company’s business going back to early 2017, people familiar with the matter… Continue reading Tesla Faces Deepening Criminal Probe Over Whether It Misstated Production Figures