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uBiome founders face fraud charges
Business August 10, 2020

DOJ aggressively prosecuting individuals involved in COVID-relief fraud

The U.S. Department of Justice (DOJ) in partnership with different law enforcement and other regulatory agencies remains active and aggressive in detecting, investigating individuals and entities involved in a COVID-relief…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
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Business August 10, 2020
Rialto Capital Management to pay $350K penalty to settle SEC charges

Rialto Capital Management, a registered investment management firm, agreed to a penalty of $350,000 to the Securities and…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Business August 10, 2020
Airbus shareholders sue company over alleged securities fraud

Airbus SE (OTCMKTS: EADSY) is facing proposed class-action lawsuits filed by U.S. shareholders alleging that the European aerospace…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Business August 10, 2020
Disney, Viacom to settle child privacy class-action lawsuit

The Walt Disney Company, along with Nickelodeon, the parent company of Viacom, and others have agreed to settle…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.
Business August 10, 2020
Kodak pharma agreement on hold following stock inquiries

In late July, President Trump announced a $765 million loan to Kodak pharma to produce generic drug ingredients…

By Colby McCoy Colby is a full-time freelance writer based in Seattle, Washington. He grew up in the Southeastern U.S. and loves books, politics, and spending time with his two dogs hiking.
Business August 9, 2020
World Acceptance Corp to pay $21.7 million to settle SEC charges

World Acceptance Corporation (NASDAQ: WRLD), a consumer lender based in South Carolina, agreed to pay a total of…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Business August 9, 2020
China used COVID-19 to nationalize China-based Saleen Automotive

According to Steve Saleen, founder of the specialized high-end automotive company Saleen Automotive as well as his partner…

By Colby McCoy Colby is a full-time freelance writer based in Seattle, Washington. He grew up in the Southeastern U.S. and loves books, politics, and spending time with his two dogs hiking.
Business August 9, 2020
Monster Energy issues counterclaims to VPX, court date set for October

According to recently released court documents, Monster Energy has issued a response to Vital Pharmaceutical’s (VPX) complaint of…

By Colby McCoy Colby is a full-time freelance writer based in Seattle, Washington. He grew up in the Southeastern U.S. and loves books, politics, and spending time with his two dogs hiking.
Business August 9, 2020
Funko shareholder lawsuit dismissed, disappointing Q2 results released

Funko, Inc., the Everett, Washington, based maker of pop culture figurines won dismissal of a shareholders lawsuit. Reuters…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.
Business August 9, 2020
AbbVie to pay $24 million to settle lawsuit over Humira marketing practices

AbbVie (NYSE: ABBV) agreed to pay $24 million to settle a lawsuit alleging that the biopharmaceutical company committed…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Business August 8, 2020
Humana sues St. Jude and Abbott Laboratories for faulty pacemakers

Humana has filed suit against St. Jude Medical, LLC and parent company Abbott Laboratories over faulty pacemakers once…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.
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