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Regulatory & Legal Alerts – Dec. 2017

Green Car Congress

Peopletrail actively tracks the regulatory and legal environment that surrounds employment and criminal background screening. Effective January 1, 2018, California will become the tenth state to pass the “ban-the-box” law which removes the conviction history question on job applications for private employers with five or more employees.

Legal 231
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Tesla bull weighs in on Delaware Court decision against Musk’s TSLA comp plan

Teslarati

Tesla ( NASDAQ:TSLA ) bull and Wedbush Securities Senior Equity Research Analyst Dan Ives has weighed in on the Delaware Court decision that rescinds Elon Musk’s 2018 compensation plan, which was approved by about 80% of TSLA shareholders at the time. Just send a message to simon@teslarati.com to give us a heads up.

Delaware 117
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Tesla’s Elon Musk cites popular Eminem rap song in latest response to SEC

Teslarati

Tesla CEO Elon Musk’s legal skirmish with the US Securities and Exchange Commission continues, with the executive invoking popular rapper Eminem in a filing submitted to a Manhattan federal court on Tuesday. Musk and the SEC’s agreement was the result of the CEO’s “funding secured” fiasco in 2018.

2002 145
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Sentences tossed for three who helped Ghosn departure

Baua Electric

A Turkish courtroom acquitted 3 nation over former Nissan boss Carlos Ghosn’s departure by the use of Istanbul to Lebanon later absconding Japan, a legal professional for one of the vital defendants mentioned. He denied the fee and mentioned his detention used to be a part of a plot via Nissan executives to cancel a merger.

Lebanon 52
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Turkish courtroom acquits 3 population in retrial over Ghosn resignation, document says

Baua Electric

ISTANBUL — A Turkish courtroom acquitted 3 population over former Nissan boss Carlos Ghosn’s resignation by the use of Istanbul to Lebanon later absconding Japan, a legal professional for some of the defendants stated. “We appealed the ruling.

Lebanon 52
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Driving Dystopia: Eight Automakers Accused of Lying About Customer Data Protections

The Truth About Cars

“Automakers have not only kept consumers in the dark regarding their actual practices, but multiple companies misled consumers for over a decade by failing to honor the industry’s own voluntary privacy principles,” Automotive News quoted the senators as stating in their letter, before asking for an investigation.

Kia 108
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Tesla pushes back against $162.2M JPMorgan lawsuit with countersuit

Teslarati

After Musk Tweeted in 2018 that hinted he was considering taking Tesla private, the stock responded with volatility, which caused the stock price to drop, and JPMorgan took a loss. Tesla and JPMorgan had a contract where the automaker was legally obliged to deliver shares or cash if the stock price passed certain levels by a certain time.

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