Those charged included the four founders of the scheme named Forsage. They were last known to be living in Russia, the Republic of Georgia, and…
First-Ever Crypto Insider-Trading Case on Former Coinbase Employee
Federal investigators filed the first-ever cryptocurrency insider-trading lawsuit, charging a former Coinbase Global Inc. COIN manager of passing private information to his brother and a…
Apple’s former corporate law director pleads guilty to insider trading
Gene Levoff, 48, of San Carlos, California, pleaded guilty to six securities fraud charges at a hearing before U.S. District Judge William Martini in Newark,…
Charles Schwab Agree to $187M Fine for Robo-Advisor Scam
The US Securities and Exchange Commission (SEC) announced on Monday that Charles Schwab Corp will pay $187 million to settle allegations brought by the SEC…
Mobile Gaming Exec Slapped with Insider Trading Charges
Insider trading charges have been brought against David Roda, a former employee of Penn National Gaming subsidiary Penn Interactive Ventures. The US Securities and Exchange…
Tenaris pays SEC $78 million to resolve U.S. bribery probes
In order to resolve FCPA violations, Tenaris, a major provider of steel pipes and related services to the energy sector, agreed to pay the SEC…
SEC accuses the City of Rochester and former city and school executives of misleading investors
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…
Goldman Sachs Facing SEC Heat for ‘Greenwashing’ ESG Funds
The Securities and Exchange Commission (SEC) is investigating two ESG funds run by Goldman Sachs Asset Management, according to reports. According to the Wall Street Journal,…
Whistleblower’s Reward Bid Is Rejected by the SEC, the D.C. Circuit Rules
A federal appeals court ruled Friday against a whistleblower whose information helped the Securities and Exchange Commission (SEC) win both a criminal conviction and a…