Credit Suisse has agreed to pay $495 million to settle a complaint involving mortgage-linked investments in the United States, the latest settlement tied to previous…
Trevor Milton, the founder of Nikola, is pinning his legal defense on expert testimony
Harvard law professor is a featured defense witness, while the securities-fraud trial is delayed by Covid-19 Lawyers for Trevor Milton are basing their defence against…
Former WSJ reporter says legal firm recruited Indian hackers to ruin his career
A former Wall Street Journal writer claims that a major US law firm deployed mercenary hackers to fire him and harm his image. Jay Solomon,…
Trevor Milton, the founder of Nikola, is pinning his legal defense on expert testimony
A Harvard law professor is a major defense witness, and the securities-fraud trial has been postponed due to Covid-19. Lawyers for Trevor Milton are basing…
Before declaring bankruptcy, Celsius executives cashed out $18 million in cryptocurrency
Alex Mashinsky withdrew $10 million in tokens before stepping down as chief executive in late September According to bankruptcy court records filed Wednesday, former Celsius…
The SEC’s deal with ex-Dewey law legal firm brings an end to an eight-year civil litigation
A federal judge in Manhattan has approved a settlement between the Securities and Exchange Commission and Joel Sanders, the former chief financial officer of the…
Barclays to Pay $200 Million SEC Penalty for Debt-Sale Error
The British bank accidentally sold $17.7 billion worth of unregistered securities Barclays agreed to pay a $200 million fee to settle SEC accusations stemming from…
The SEC has charged Kim Kardashian with illegally promoting cryptocurrency security
Kim Kardashian, who is charged with violating federal securities laws, has agreed to pay a $1 million fine to the S.E.C. The top financial regulator…
A ‘shameless plot’ allegedly took $250 million from the epidemic kid food program, U.S. says
Federal prosecutors charged 47 persons on Tuesday with diverting almost $250 million from a federal aid program designed to help feed children during the COVID-19…
Covid-19 Unemployment fraud could top $45 billion, according to watchdog reports
People used Social Security numbers from dead and imprisoned to get money from programs meant to help those laid off during pandemic A government monitor…