The Chicago U.S. attorney’s office has been contacted by a paralegal accused of stealing more than $600,000 from Saul Ewing Arnstein & Lehr’s bankruptcy estate…
Theranos fraud: The United States wants Elizabeth Holmes to serve 15 years in prison
U.S. prosecutors suggested late on Friday that Theranos founder Elizabeth Holmes receive a 15-year jail sentence and pay $800 million in compensation to investors who…
The SEC’s communication investigation’s latest targets include major private equity firms
A sweeping regulatory investigation into how financial organizations track employees’ digital communications has been expanded to include American private equity behemoths KKR & Co Inc,…
Donald Trump challenges a New York court order for a company watchdog
A judge’s order to appoint a watchdog at the Trump Organization before a civil fraud lawsuit brought by the state’s attorney general gets to trial…
U.S. securities officials successfully prosecuted cryptocurrency business LBRY
A U.S. judge found on Monday that the firm sold its digital assets as securities, which gave the U.S. Securities and Exchange Commission the upper…
The United States investigates insider trading in planned executive stock sales
U.S. authorities are investigating whether executives have been gaming prearranged stock-sale programs designed to thwart the possibility of insider trading, Bloomberg News reported on Thursday citing people…
SolarWinds may face legal action from the U.S. SEC for its cyber disclosures
The software company SolarWinds Corp announced on Thursday that the U.S. Securities and Exchange Commission had recommended enforcement action against it for its public comments…
Uber insider claims that the existing business model is “completely” unsustainable
The so-called Uber Files‘ leaker, Mark MacGann, claimed on Wednesday that although the ride-hailing company appeared to be making progress in improving its workplace culture,…
Archegos’ Bill Hwang demand that the SEC’s case over the failure of the $36 billion corporation end
The sudden collapse of Bill Hwang’s Archegos Capital Management LP in March 2021 prompted the U.S. Securities and Exchange Commission to file a civil lawsuit…
Mattel, a toymaker, agrees to pay $3.5 million to resolve SEC complaints
The U.S. Securities and Exchange Commission (SEC) announced on Friday that California-based toymaker Mattel Inc has agreed to pay $3.5 million to resolve allegations of…