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…
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…