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FTC wins case against operators of student debt relief scam
The Federal Trade Commission (FTC) obtained a favorable court ruling in its case against multiple student debt relief scam operators. According to the FTC, the U.S. District Court for the…
By – Marivic Cabural SummersLatest news
UBS to pay $10 million to settle SEC allegations of bond flipping
UBS Financial Services Inc. agreed to pay more than $10 million to settle charges filed by the Securities…
By Marivic Cabural SummersChevron acquires Noble Energy in landmark $5 billion deal
On Monday, Chevron Corp. (NYSE: CVX) announced an acquisition agreement for Noble Energy (NASDAQ: NBL) at $5 billion.…
By Colby McCoySEC 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…
By Marivic Cabural SummersLongwood Management Corp. to pay $16.7 million for Medicare fraud
Longwood Management Corporation, the operator of 27 skilled nursing facilities in California, agreed to pay $16.7 million to…
By Marivic Cabural SummersFlorida localities facing multiple lawsuits over face mask ordinances
In the era of coronavirus, the culture war regarding face masks remains ongoing. As the incidence of new…
By Gabrielle SeunagalPresident Trump signs Hispanic Prosperity Initiative
On Thursday, July 9, President Trump signed an executive order on the White House Hispanic Prosperity Initiative, which…
By Lillian AbbatacolaFTC sues online marketer falsely promising next-day shipping of PPE
The Federal Trade Commission (FTC) filed a lawsuit against an online marketer for allegedly falsely promising consumers next-day…
By Marivic Cabural SummersTrump, CDC, and state authorities clash over plans to reopen schools
In the midst of the U.S. reaching 3 million positive coronavirus cases, President Trump inserted himself into the…
By Lillian AbbatacolaDeutsche 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…
By Marivic Cabural SummersNovavax receives $1.6 billion funding for COVID-19 vaccine development
Novavax (NASDAQ: NVAX) announced that it received $1.6 funding for the development of a vaccine for COVID-19, which…
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