The suits by four different shareholders allege that Tesla’s executives and board breached their fiduciary duty by entering into the pact because Elon Musk and other Tesla insiders hold shares in both companies.
The last 366 days have been rough for Volkswagen, of course, and both the number of cars and dollars lost are staggering (the total cost from the emissions-cheating scandal could come close to $40 billion). Will VW come through intact?
Dozens of Samsung Note 7s have exploded and charred, leaving their users without a phone and the company with some loss of trust. With the Apple iPhone 7 on its way, how is Samsung responding to an important challenge?
Prosecutors have yet to decide on specific charges, though The Wall Street Journal said the Department of Justice is weighing the alternatives of requiring a guilty plea from the company, or offering it a deferred prosecution agreement.