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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 SummersLatest news
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 SeunagalCalifornia 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 SeunagalPeloton sues NordicTrack maker Icon
Peloton, maker of the popular Peloton bike, is suing competitor Icon Health & Fitness Inc, maker of NordicTrack,…
By Rheanna ChouSEC 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 SummersInvestors 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 SummersFTC 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 SummersFTC 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 SummersPolice 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 SummersMorgan 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 SummersThe 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