Getty Trump Media's stock price dropped on Friday after its auditor was accused of "massive fraud."The auditor BF Borgers did not comply with common accounting standards, the SEC said.Shares of the media company fell as much as 9% on Friday morning.Trump Media shares tumbled yet again on Friday after the Securities and Exchange Commission charged the company's auditor for a "massive fraud" scheme.
Open FlipNSE dividend, bonus shares: The National Stock Exchange (NSE) board has recommended issuing bonus shares in a 4:1 ratio. The board also recommended a ₹90 per share dividend to the eligible shareholders of the company. NSE informed the Indian stock market exchanges about these developments while declaring its Q4 results 2024 on Friday.
Open FlipElon Musk's Tesla has filed a lawsuit against an Indian battery manufacturer for allegedly infringing on its trademark by using the name "Tesla Power" to market its products, on May 3. The lawsuit, heard in the Delhi High Court, seeks damages and a permanent injunction to stop the use of the Tesla brand name, as per Reuters.
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