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…
U.S. SEC accuses cannabis company Cronos and a former executive of accounting fraud
The Canadian cannabis business Cronos Group Inc. and its former chief commercial officer have been accused of accounting fraud, the U.S. Securities and Exchange Commission…
Brazil’s Neymar faces fraud and corruption charges
Brazil’s Neymar to stand trial in a corruption case over his transfer to FC Barcelona Brazil forward Neymar arrived at a Barcelona court on Monday…
Credit Suisse pays $495 million to settle a legacy US complaint
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…