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…
Insider trading case: Ex-Coinbase manager’s brother sentenced to ten months in prison
The brother of a former Coinbase Global Inc product manager was sentenced to ten months in jail on Tuesday after pleading guilty in what US…
The SEC has charged McDonald’s former CEO
The Securities and Exchange Commission accused Stephen J. Easterbrook, former CEO of McDonald’s Corporation, today of making false and misleading statements to investors regarding the…
Binance is opposed by the SEC in purchase of Voyager Digital by the United States
The Securities and Exchange Commission (SEC) of the United States has protested the proposed $1 billion acquisition of bankrupt crypto lender Voyager Digital by the…
Report: A criminal investigation into Rep.-elect George Santos in Brazil will be revived
According to a report, incoming federal legislator George Santos now faces an inquiry outside of the United States, in addition to federal and local prosecutors’…
Finance in the United States is facing an ESG backlash, with more to come in 2023
In 2022, a movement led by Republican U.S. legislators to confront financial firms and activists over their work on climate change and social inequality faced…
Prosecutors have charged two top executives in connection with the collapse of FTX
Federal authorities charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) Wang, the former Chief Technology Officer of FTX Trading Ltd. (FTX),…
This year’s largest SEC award went to a whistleblower in a healthcare bribery case
Lawyers representing the whistleblower said the award was connected to a Foreign Corrupt Practices Act settlement reached by the SEC and DOJ with a publicly…
Former NYU administrator charged in $3.5 million fraud scheme
Prosecutors say the administrator diverted funds intended for state-sponsored special education and English-language programs Prosecutors in New York accused a former New York University administrator…