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SEC charges Lewis Wallach, ex-CEO of Professional Financial Investors with operating a Ponzi scheme
Lewis Wallach, the former chief executive of Professional Financial Investors, Inc. (PFI) has been charged with operating a fraudulent Ponzi scheme and misappropriating investors’ funds. PFI is a real estate…
By Marivic Cabural SummersLatest news
Universal Health Services (UHS) hit with ransomware attack
Universal Health Services (NYSE: UHS), one of the largest healthcare providers in the United States was hit with…
By Jackie AllenAlphabet settles shareholder lawsuit over mishandling of sexual misconduct allegations
Alphabet Inc (NASDAQ: GOOG, GOOGL), the parent company settled a shareholder lawsuit alleging that it mishandled sexual misconduct…
By Jackie AllenApple approves temporary moratorium on fees for Facebook plan for online events
Apple (NASDAQ: AAPL) agreed to temporarily suspend taking a 30% cut of paid online events organized by small businesses…
By Jackie AllenCalifornia halts new Pandemic Unemployment Assistance claims following massive fraud allegations
California has halted new Pandemic Unemployment Assistance (PUA) claims for the next two weeks following allegations of widespread…
By Colby McCoyCalifornia EDD suspends new unemployment applications for 2 weeks to address fraud, backlog
The California Employment Development Department (EDD) is suspending new applications for unemployment benefits to address its existing backlog…
By Marivic Cabural SummersUS Judge blocks Commerce Department order to remove WeChat from app stores
San Francisco’s U.S. Magistrate Judge Laurel Beeler blocked a recent Department of Commerce order requiring Apple Inc (NASDAQ:…
By Colby McCoyAuthorities arrested 44 people responsible for California EDD fraud and identity theft
Authorities arrested 44 people responsible for the California Employment Development Department (EDD) fraud and identity theft. …
By Marivic Cabural SummersITT Tech agrees to forgive student loans worth around $330M to settle CFPB complaint
ITT Technical Institute (ITT Tech), the now-defunct predatory for-profit college, and PEAKS, its holding company, reached a settlement…
By Marivic Cabural SummersWest Coast Wildfires: Three Apps Helping Save Lives by Keeping Residents Aware of Air Quality
Record-breaking wildfires have consumed the Western United States, leaving entire swathes of California, Washington, and Oregon completely decimated,…
By Colby McCoyUnited Airlines faces discrimination lawsuit related to NFL flights
Two veteran United Airlines flight attendants are suing the company for discrimination. They claimed that the company is not…
By Jackie Allen
