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Binance General Counsel Confronts Some of Crypto’s Hardest Tests

<-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"00000190-46e2-d497-a7fb-eeef936a0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance’s General Counsel Eleanor Hughes has a lot to keep her busy, ranging from the giant crypto exchange’s testy dispute with Nigerian officials to strict monitoring by US authorities as part of a landmark <-bsp-bb-link state="{"bbDocId":"S4HQUFDWX2PS","_id":"00000190-46e2-d497-a7fb-eeef936a0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">plea deal.

By Ryan Weeks

Former Ontrak Chairman Convicted in Insider Trading Scheme

Ontrak Inc.'s former CEO and chairman Terren Peizer was convicted Friday by a Los Angeles federal jury of insider trading on information about a major customer leaving the health company to avoid losing almost $13 million, the US Attorney’s Office announced on Friday.

Musk’s New Motion to Toss Twitter Investor Suit Doubted by Judge

A San Francisco federal judge at a Friday hearing appeared skeptical that Elon Musk can fully defeat an investor lawsuit claiming he fueled uncertainty about whether he would buy Twitter Inc. to drive down the stock price.

Smaller Auditors Urge Regulator to Slow Pace of Rule-Writing

Mid-tier and small accounting firms are struggling to keep up with the rapid pace of new rules coming out of the US audit board, they said in a letter Friday.

Nike, Leaders Hit With Suit Over Skewed Marketing Predictions

NIKE Inc. faces a securities class action alleging its CEO and CFO deceived investors by exaggerating the success of its digital marketing strategy.

Tesla Seeks to Delay July Hearing in Battle Over Musk’s Pay

Lawyers for Elon Musk say a shareholder vote last week approving the Tesla Inc. co-founder’s <-bsp-bb-link state="{"bbDocId":"S83XOHT1UM0W","_id":"00000190-3c91-d497-a7fb-fc9d301c0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">$56 billion pay package should delay a hearing on the award of billions of dollars in fees to the lawyers who challenged it.

Lawmaker Vows New $15 Billion Oil Fight at Calpers, Calstrs

A California bill forcing the two largest US pension funds to divest an estimated $15 billion in oil and gas assets has quietly fizzled for the third straight year, but the influential state lawmaker behind the effort vowed to renew the legislation with a stronger alliance of climate activists.

ImmunityBio Loses Bid to Dodge Investor Suit Over Drug Rejection

ImmunityBio Inc. must face a shareholder lawsuit alleging the biotech company misled investors about the manufacturing process for its flagship drug candidate.

Fed Faults Living Wills of BofA, Citi, Goldman and JPMorgan

Four of the biggest banks on Wall Street must improve their blueprints for a hypothetical wind-down after top US regulators found weaknesses in their plans.

US Lawmakers Visit Ailing Binance Executive in Nigerian Jail

Two US lawmakers who visited a jailed <-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"00000190-3bd5-d497-a7fb-ffdd83420000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance Holdings Ltd. executive in Nigeria said he is in poor health and asked the American embassy to seek a humanitarian release even as local authorities press on with a fraud trial against him.