In a complaint submitted to the U.S. Securities and Exchange Commission by activist organization Global Witness, oil giant Shell (SHEL.L) has been charged with deceiving…
U.S. securities regulator gives more than $28 million to whistleblowers
The U.S. Securities and Exchange Commission (SEC) announced on Tuesday that it had given joint tipsters who provided “important information” for one of the agency’s…
The United States accounting watchdog is being sued for its secretive disciplinary procedure
The United States’ accounting watchdog is being sued over concerns that its practice of conducting disciplinary proceedings behind closed doors is unlawful. The case, filed…
The founder of cryptocurrency exchange Bitzlato has been detained in a $700 million fraud case
As the US pursues criminal suspects in the digital arena, a Russian was charged with money laundering using a cryptocurrency exchange that allegedly concealed the…
The SEC of the United States has awarded $5 million to a tipper
The top U.S. market regulator announced a $5 million award to a whistleblower whose tip-off resulted in a successful enforcement action on Friday. The whistleblower…
Sequoia Capital reduces fees for new funds as the venture capital industry slows
According to partner Alfred Lin, Sequoia Capital has reduced management fees in its two recently announced venture funds as it prepares for a slower investment…
The United States Supreme Court will deliberate on a critical standard in whistleblower fraud cases
The United States Supreme Court agreed on Friday to reconsider reviving two lawsuits accusing pharmacy operators of overcharging government health insurance programs for prescription drugs,…
Ericsson sets aside $220 million for the latest scandal settlement with the DOJ
Ericsson has put aside $220 million for a possible settlement with the US Department of Justice (DoJ) in connection with its latest controversy involving bribery…
SEC sues Covington law firm seeking the names of 300 clients who were hacked
According to court records, the Securities and Exchange Commission has sued law firm Covington & Burling for information on roughly 300 clients whose information was…
JPMorgan shuts down the financial planning website Frank post suing the founder
JPMorgan Chase & Co shut down its Frank website on Thursday, a college financial planning tool it purchased in 2021, after suing the startup’s founder…