The S.E.C. has opened an investigation into Activision Blizzard NEW YORK TIMES Activision Blizzard, the video game maker behind Call of Duty and other major franchises, said on Monday that the Securities and Exchange Commission was investigating the company over “disclosures regarding employment matters and related issues.” read more »
Tesla Software Upgrade Isn’t Ready for Drive Time, Says Head of NTSB BARRON'S The top federal crash investigator for the United States said in an interview with The Wall Street Journal that Tesla should not roll out an upgrade of its driver assistance software before addressing “basic safety issues.” read more » Florida Tesla crash which killed two will be investigated by federal board THE GUARDIAN
SEC Awards $11.5 Million to Two Whistleblowers SEC The Securities and Exchange Commission today announced awards of approximately $11.5 million to two whistleblowers whose information and assistance contributed to the success of an SEC enforcement action. 
Four former VW employees go on trial in Dieselgate lawsuit REUTERS Four former employees of carmaker Volkswagen (VOWG_p.DE) went on trial on Thursday over the Dieselgate scandal in which illegal software was used to cheat emission tests. read more » U.S. asks 12 automakers for assistance in Tesla probe REUTERS
Chevy Bolt Battery Recall: How Could This Have Happened? CAR AND DRIVER General Motors has planned a full suite of electric vehicles launching over the next five years. So the ongoing recall of Chevrolet Bolt EV batteries—for which replacements can’t even start until GM works out what went wrong—threatens to cast a pall over the fall debut of the 2022 GMC Hummer EV pickup and next spring’s launch of the 2023 Cadillac Lyriq. read more »
Ex-Wells Fargo executives set to face civil trial in scandal over phony accounts REUTERS The Office of the Comptroller of the Currency (OCC), a top U.S. banking regulator, is scheduled to begin a civil trial on Monday for three former Wells Fargo & Co (WFC.N) executives over their alleged roles in a scandal involving phony accounts at the San Francisco lender. read more »
U.S. DOJ looking into conduct of Allianz fund managers REUTERS The U.S. Department of Justice (DOJ) investigation into German insurer Allianz (ALVG.DE) is looking at possible misconduct by fund managers and misrepresentation of risk to investors, three people with knowledge of the matter told Reuters. read more » Three Operators of Financial Services Firm Charged and Arrested in Alleged $155 Million Investment Fraud Scheme DOJ