If the city were to sue Tesla and win, any money awarded could be used to cover the pension system losses. Government ...

New York City Comptroller Brad Lander, the investment adviser to the city’s five pension funds, accused Tesla Inc. of misrepresenting chief executive officer Elon Musk’s involvement in the company.

New York City Comptroller Brad Lander has asked the city law department to file a federal securities fraud lawsuit against Tesla Inc. on behalf of the city’s pension system, alleging the company ...