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Bausch Health, formerly Valeant, to pay $45 million to settle SEC charges

Andrew Franzone, fomer race car team owner faces fraud charges

USA Herald

SEC charges former Georgia state legislator Dean Alford in Ponzi scheme

USA Herald

Apple co-founder sues YouTube over cryptocurrency scams

USA Herald

DOJ charges Trustify co-founder Daniel Boice for defrauding investors

IIG Managing Partner pleads guilty to Ponzi-like scheme

USA Herald

FTC wins case against operators of student debt relief scam

UBS settles New York AG Investigation into Mortgage Securities for $230M — UBS to pay $10 million to settle SEC allegations of bond flipping
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Financial Investigations July 16, 2020

SEC sues Thunderbird Power for allegedly defrauding investors

The Securities and Exchange Commission (SEC) filed a lawsuit against Thunderbird Power and three individuals associated with the company for…

By Marivic Cabural Summers

Financial Investigations July 8, 2020

Deutsche Bank to pay $150 million in penalties over dealings with Jeffrey Epstein

The New York State Department of Financial Services (DFS) imposed $150 million in penalties on Deutsche Bank due to “significant…

By Marivic Cabural Summers

Financial Investigations July 4, 2020

Alexion Pharmaceuticals to pay $21.4 million to settle FCPA violations

Alexion Pharmaceuticals agreed to pay $21.4 million to settle a complaint by the Securities and Exchange Commission (SEC) alleging that…

By Marivic Cabural Summers

Financial Investigations June 29, 2020

Novartis to pay $346 million to settle U.S. charges over alleged FCPA violations

Novartis AG, a global pharmaceutical company based in Switzerland, reached an out-of-court settlement with U.S. regulators to resolve all pending…

By Marivic Cabural Summers

Financial Investigations June 29, 2020

Telegram to return $1.2 billion to investors to settle SEC charges

Telegram Group and its wholly-owned subsidiary TON Issuer agreed to return more than $1.2 billion in ill-gotten gains to investors to settle a complaint filed…

By – Marivic Cabural Summers

Financial Investigations June 23, 2020

SEC alleges fraud, freezes Hvizdzak hedge fund

The Securities and Exchange Commission (SEC) filed charges on June 16, 2020, against three Pennsylvania entities and their owners who allegedly engaged in a fraudulent…

By – Marivic Cabural Summers

Centra Tech Co-founder Sohrab Sharma eight years prison sentence ICO scam

Financial Investigations June 21, 2020

Centra Tech co-founder pleads guilty for role in fraudulent ICO

The U.S. Attorney’s Office for the Southern District of New York announced that Robert Farkas, the co-founder of cryptocurrency company Centra Tech, pleaded guilty for…

By – Marivic Cabural Summers

Financial Investigations June 18, 2020

AmTrust and its former CFO settle SEC charges for $10.5 million

The Securities and Exchange Commission (SEC) announced that AmTrust Financial Services Inc. and its former CFO Ronald E. Pipoly Jr. agreed to pay a combined…

By – Marivic Cabural Summers

penny stock, pump-and-dump stock manipulation scheme

Business June 12, 2020

SEC files lawsuit against entities and individuals engage in microcap fraud scheme

The Securities and Exchange Commission (SEC) filed a complaint against five individuals and six offshore entities involved in a microcap fraud scheme, in which they…

By – Marivic Cabural Summers

Business June 12, 2020

FTC charges New York financing companies allegedly engage in unfair collection practices

The Federal Trade Commission (FTC) filed a complaint against two small-business financing companies based in New York for allegedly engaging in unfair business collection practices.…

By – Marivic Cabural Summers

Financial Investigations September 16, 2023

Victim of Insurance Procedural Bad Faith? Key Case Developments That Could Affect You

(USA Herald) — Insurance policies are contracts we hope we never have to use. But when disaster strikes, we expect insurance companies to hold up their end of the bargain…

By – Samuel Lopez