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Inter-Local Pension Fund GCC/IBT v. Tesla, Inc. et al
Case Number:
3:18-cv-07325
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
- Bank of America Corp.
- Barclays PLC
- Citigroup Inc.
- Deutsche Bank AG
- Morgan Stanley
- RBC Capital Markets
- Tesla Inc.
- The Goldman Sachs Group Inc.
Sectors & Industries:
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April 16, 2021
Pension Fund Drops Suit Against Tesla Over $1.8B Bond Offer
A pension fund voluntarily ended its proposed class action against Tesla and its multibillionaire founder, Elon Musk, which claimed the automaker and a group of big banks acting as underwriters misled investors on a $1.8 billion bond offering.
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July 03, 2019
Tesla, Banks Want Out Of $1.8B Bond Offering Fraud Suit
Tesla Inc. and its founder Elon Musk said a pension fund's proposed class action alleging the company and major investment banks misled investors on a $1.8 billion bond offering is a "weaker" copycat of a virtually identical suit the California federal court already tossed and should've never been filed.
-
December 05, 2018
Tesla Faces Securities Suit Over $1.8B Bond Offering
A pension fund's proposed class action alleging Tesla Inc., its CEO Elon Musk and several big banks acting as underwriters misled investors about a $1.8 billion bond offering was removed from California state court Tuesday.