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Business May 27, 2020

Ares Management to pay $1 million to settle SEC charges over its compliance failures

Ares Management, a private equity firm based in Los Angeles, California agreed to pay $1 million to resolve the charges against it by the Securities and Exchange Commission (SEC). The…

By – Marivic Cabural Summers
Latest news
Business May 26, 2020
Barbershops, Hair Salons OKed for Reopening in California

States across America are gradually beginning to reopen and re-engage their economies. Some reopening plans are occurring at…

By Gabrielle Seunagal
Business May 25, 2020
California Permits Churches to Reopen After Warning from DoJ

Stay-at-home orders continue to face scrutiny as Americans challenge them in a court of law. Governors who persist…

By Gabrielle Seunagal
Business May 23, 2020
Peloton sues NordicTrack maker Icon

Peloton, maker of the popular Peloton bike, is suing competitor Icon Health & Fitness Inc, maker of NordicTrack,…

By Rheanna Chou
Business May 22, 2020
SEC stops California investment adviser’s Ponzi scheme targeting seniors

The Securities and Exchange Commission (SEC) stopped an investment adviser and his entities’ Ponzi scheme targeting senior citizens…

By Marivic Cabural Summers
Business May 21, 2020
Investors file class-action lawsuit against Block.one over its alleged “fraudulent scheme”

Block.one, a blockchain software company that developed the cryptocurrency or digital token called EOS, is facing a class-action…

By Marivic Cabural Summers
Business May 20, 2020
FTC and SBA warn ITMedia, Lendio to stop possible misleading coronavirus relief marketing

The Federal Trade Commission (FTC) and the Small Business Administration (SBA) warned IT Media Solutions and Lendio to…

By Marivic Cabural Summers
Business May 18, 2020
FTC obtains order banning home security company from outbound telemarketing  

The Federal Trade Commission (FTC) obtained a final court order prohibiting a home security installation company from engaging…

By Marivic Cabural Summers
Business May 15, 2020
Police charges University of Florida student for threatening mass shooting at Virginia Tech

A University of Florida student is in prison and facing charges after threatening to commit a mass shooting…

By Marivic Cabural Summers
Business May 13, 2020
Morgan Stanley Smith Barney to pay $5 million to settle SEC charges

Morgan Stanley Smith Barney (MSSB) agreed to pay a penalty of $5 million to settle the administrative proceeding…

By Marivic Cabural Summers
Business May 11, 2020
The Small Business Administration Didn’t Follow Directives on Small-Business Credits—Inspector General

The Small Business Administration failed to adhere to many orders from Congress in carrying out its immense loan…

By Rhett Wilkinson

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