City sold $119 million of bonds to investors without disclosing financial distress The City of Rochester, New York, its former finance director Rosiland Brooks-Harris, and…
SEC Charges Texas Charter School CFO with Fraud
The Securities and Exchange Commission today charged Crosby Independent School District (Crosby ISD) and its former Chief Financial Officer, Carla Merka, with misleading investors in…
Ketanji Brown Jackson Questioned on Whistleblower Protections
\On March 22, the Senate Judiciary Committee continued hearings on the nomination of Judge Ketanji Brown Jackson to be an Associate Justice of the U.S.…
SEC Issues Another $3 Million in Whistleblower Awards
On March 18, the SEC announced whistleblower awards totaling over $3 million to three individuals for providing information and assistance in three separate covered actions.…
SCOTUS to Weigh In on “No-Deny” Xerox Fraud Case
The former chief financial officer of Xerox Corp. asked the U.S. Supreme Court to weigh in on the constitutionality of an SEC settlement that permanently…
Feds Are Playing Catch Up on Crypto Regulatory Enforcement
State regulators are taking the lead on cryptocurrency enforcement in the absence of a national approach to regulation, in some cases acting years before companies…
Whistleblower Denounces Bullying and Harrassment at White House Office of Science and Technology
The former director of the White House Office of Science and Technology Policy violated ethics rules, created a toxic workplace and retaliated against staff who…
The $8 Billion of Covid Relief Fraud is t Just the Tip of the Iceberg
he Department of Justice (DOJ) has uncovered a vast array of alleged fraudulent and criminal activities tied to more than $8 billion in federal COVID-19…
California Financier Defrauds Investors of Millions, But Only Sentenced 1 Year in Prison
For as much as the Securities and Exchange Commission likes to grab headlines for their successful prosecutions of fraud, one often wonders if the penalties…
SEC Awards Fraud Whistleblowers $14m Reward for Exposing Fraud
On March 11, the U.S. Securities and Exchange Commission (SEC) issued a whistleblower award of approximately $14 million to an individual who published an online…