Ex-USA Gymnastics coach John Geddert kills himself after felony charges, including human trafficking, sexual assault ESPN
Ex-Aide Details Sexual Harassment Claims Against Gov. Cuomo NEW YORK TIMES A former aide to Gov. Andrew M. Cuomo published a lengthy essay on Wednesday morning accusing the governor of sexual harassment and outlining several unsettling episodes, including an unsolicited kiss in his Manhattan office. read more »
Hyundai Motor to replace battery systems in $900 million electric car recall REUTERS Hyundai Motor Co will replace battery systems in some 82,000 electric vehicles globally due to fire risks – a costly $900 million recall that lays bare the thorny issue of how car and battery makers split the bill when problems arise. read more »
GameStop CFO to step down after Reddit driven stock rally REUTERS GameStop Chief Financial Officer Jim Bell will step down next month, the video game retailer said on Tuesday, as it focuses on shifting into technology-driven sales in the wake of headline-grabbing big betting in its stock. read more » Robinhood frustration: Widow struggles to close husband's account WCPO
SEC Awards More Than $9.2 Million to Whistleblower for Successful Related Actions, Including Agreement With DOJ SEC
Bill would require training aimed to prevent child sexual abuse KHGI On Monday, a bill that would require public schools to provide training for elementary students aimed at preventing child sexual abuse is up for a hearing in the Nebraska legislature's education committee. read more » Courtney Love Says 'A Bunch Of #MeToo' Incidents Caused Her To Quit Acting WZLX
Federal Contractor Agrees to Pay More Than $6 Million to Settle Overbilling Allegations DOJ
Explaining GameStop hearing terms: Payment for order flow AXIOS Payment for order flow, or PFOF, sits at or near the top of the list of people's complaints about market structure. read more » Explaining GameStop hearing terms: Short-selling AXIOS The reason that GameStop stock rose so sharply last month was, paradoxically, because so many people had bet that it was going down. read more »
Investigation Finds Used Cars are Routinely Sold with Known, Life-Threatening Safety Defects — Sen. Blumenthal Weighs In CONSUMER FEDERATION OF AMERICA
GameStop bull 'Roaring Kitty,' MassMutual hit with securities lawsuit REUTERS The social media persona “Roaring Kitty” at the center of last month’s frenzied rally in shares of GameStop Corp violated securities laws and caused “huge losses” for investors, according to a class action lawsuit filed in federal court in Massachusetts. read more » Lawmakers facing off with GameStop saga’s key players AP NEWS
2021 Ford F-150 batteries going dead due to phantom battery drain DETROIT FREE PRESS
SEC Data Show $359 Million of GameStop Shares Failed to Deliver YAHOO FINANCE On Jan. 28, the day after GameStop Corp. mania hit its crescendo on the back of a short squeeze for the record books, about $359 million worth of shares were caught in limbo. read more » Big Tech faces additional pressure from private antitrust lawsuits NEW YORK TIMES
Mets ignored sexual harassment in 2018, report says | ‘This is a pattern!’ NJ.COM
Robinhood CEO admits communications shortcomings, ahead of House testimony REUTERS Robinhood, the trading app popular with young investors, could have better explained why it restricted the buying of heavily shorted stocks caught up in the social media-fueled trading frenzy around GameStop Corp, said the company’s chief executive officer. read more » How billions in pandemic aid was swindled by con artists and crime syndicates NBC NEWS
GM agrees to $5.75 million settlement with California over ignition switches REUTERS General Motors Co agreed to a $5.75 million settlement to resolve allegations it made false statements to California’s largest pension system and other investors over its deadly ignition switch recalls. read more »