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VALIC Financial Advisors (VFA) to pay $40 million to settle SEC charges
The Securities and Exchange Commission (SEC) announced that VALIC Financial Advisors (VFA) agreed to pay approximately $40 million to settle two regulatory actions against the firm over its disclosure failures.…
By – Marivic Cabural SummersLatest news
AAPA seeks $1.5B in COVID relief to save jobs, American supply chains
In a recent letter, the American Association of Port Authorities (AAPA) asked Congress for an emergency relief package…
By Colby McCoyCalifornia Resources Corporation bankruptcy proceedings
On July 15, 2020, California Resources Corporation (CRC), California’s largest oil and gas production company filed for Chapter…
By Jackie AllenHertz continues to operate after Chapter 11 bankruptcy
Car rental giant Hertz Global Holdings announced on May 22, it and multiple subsidiaries had filed for Chapter…
By Jackie AllenModerna shares surge after increased US investment in vaccine research
It has been a solid start to the week for Moderna, a large biotech company spearheading research and…
By Colby McCoyEuropean airline Ryanair suffers staggering losses amid COVID-19
From tourism to hospitality, COVID-19 has been nothing short of disastrous for global businesses across multiple industries. In…
By Colby McCoy“Evil Corp” hackers strike again, demand $10M to restore Garmin services
American multinational GPS and wearable device maker Garmin Ltd. shut down some of its connected services and call…
By Jackie AllenIndivior settles FTC complaint that it blocked generic competition to Suboxone
Indivior Inc (previously known as Reckitt Benckiser Pharmaceuticals) agreed to settle a lawsuit filed by the Federal Trade…
By Marivic Cabural SummersDOJ charges Trustify co-founder Daniel Boice for defrauding investors
Trustify Co-founder and CEO Daniel Boice is facing criminal charges filed by the Fraud Section of the U.S.…
By Marivic Cabural SummersCalifornia boosts supply of PPE for essential workers
California Gov. Gavin Newsom announced that his administration is “taking aggressive actions” to boost the state’s supply of…
By Marivic Cabural SummersCovid-related Chapter 11 bankruptcy filings continue, no relief in sight
The trend of major U.S. companies filing for Chapter 11 bankruptcy continues amidst COVID-19. This week, small engine…
By Holden Harris