Regulation News
Financial regulation news from the SEC, FINRA, and government agencies. Track policy changes, enforcement actions, and compliance updates affecting markets.
FirstEnergy Ohio Rate Plan Could Add $5 to Monthly Bills
FirstEnergy's Ohio utilities are set to file a three-year rate plan by May 22 that could raise typical residential bills by $4.26 to $5.30 per month annually.
Skillz Stock Skyrockets After $420M False Advertising Win Over Papaya Gaming
Skillz stock soared 187% after a jury ordered Papaya Gaming to pay $420 million for false advertising, with the possibility of an additional $652 million in disgorgement.
FirstEnergy Ohio Rate Plan to Raise Monthly Bills by Up to $5.30
FirstEnergy's Ohio utilities plan to file a three-year rate proposal by May 22, aiming to fund $800M in annual grid improvements and $83M for tree trimming, which could increase monthly bills by $4.26-$5.30 for typical households.
Super Micro Faces May 26 Deadline as Legal and Regulatory Woes Loom
Super Micro Computer faces a May 26 lead plaintiff deadline in a securities lawsuit over undisclosed China sales and export-control lapses. The stock rose 2.7% but remains under pressure from criminal charges and regulatory uncertainty.
Capital One $425M Savings Account Settlement Cleared for Payout
A federal judge granted final approval to Capital One's $425 million settlement regarding its 360 Savings accounts. Eligible customers from September 2019 through June 2025 could receive payments beginning July 21, barring any appeals.
WBD Shareholders Vote on $110B Paramount Merger Amid Regulatory Scrutiny
Warner Bros. Discovery investors are voting on a $110 billion takeover by Paramount Skydance, with shares trading 12% below the offer price. Regulatory reviews and industry opposition create significant hurdles for the deal.
White House Considers $500M Lifeline for Spirit Airlines Amid Fuel Crisis
The White House is nearing a $500 million loan agreement for Spirit Airlines, which faces collapse due to soaring fuel prices. The administration also opposes a potential merger between United and American Airlines.
Plug Power Faces Investor Lawsuit Proceeding Amid Louisiana Plant Showcase
A Delaware federal judge ruled that investors can advance claims against Plug Power regarding its hydrogen production targets and revenue forecasts. The decision coincided with a company-hosted tour of its key Louisiana plant, with shares declining roughly 5%.
Psyence Biomedical Stock Surges on White House Psychedelic Research Push
Psyence Biomedical's stock rose sharply following a White House executive order aimed at fast-tracking research into psychedelic therapies like ibogaine, though the company's lead drug remains in mid-stage trials.
FDA Peptide Review Sparks Rally for Hims & Hers Health
Shares of Hims & Hers Health climbed sharply after regulators signaled a review of peptide restrictions, a development analysts view as a positive shift for the company's growth strategy.
Hims & Hers Stock Jumps on FDA's Peptide Policy Review
Shares of Hims & Hers Health climbed sharply after the U.S. Food and Drug Administration said it will reconsider regulations on certain peptides. The company, which acquired a peptide facility last year, sees this as an opportunity to expand beyond the GLP-1 market.
Super Micro Board Probe into China Server Diversion Tests Investor Confidence
Super Micro Computer is under a board-driven investigation into claims servers were diverted to China, as U.S. prosecutors allege former associates funneled $2.5B in AI technology. Shareholders will vote on directors at an April 15 meeting.