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SEC stops alleged $1.7 billion unregistered digital token offering
The Securities and Exchange Commission (SEC) stopped two offshore entities from conducting an alleged unregistered, ongoing digital token offering in the United States and overseas that raised more than $1.7…
By Cedric DentLatest news
California Gov. Newsom signs a package of legislation to prevent gun violence
California Governor Gavin Newsom signed into law a package of legislation to prevent gun violence, a problem confronting…
By Marivic Cabural SummersJohnson & Johnson to pay $8 billion to a man who developed breasts after taking Risperdal
A jury in the Philadelphia Court of Common Pleas ordered Johnson & Johnson to pay $8 billion in…
By Marivic Cabural SummersCFTC files fraud charges against two affiliate marketers for binary options
The U.S. Commodity Futures Trading Commission (CFTC) filed fraud charges against two affiliate marketers for binary options trading.…
By Cedric DentCalifornia opens first toll-free statewide mental health line
California officially launched its first toll-free statewide mental health line on Tuesday. Assembly member Phil Ting and State…
By Marivic Cabural SummersTesla under investigation over possible defect in Model S and Model X battery packs
The U.S. National Highway Traffic Safety Administration (NHTSA) launched an investigation into Tesla over a potential defect in…
By Catherine DavisCalifornia Governor Signs Bill Allowing the Establishment of Public Banks
California will allow cities and counties to establish public banks under a newly-approved legislation. On Wednesday, Governor Gavin…
By Marivic Cabural SummersSEC files fraud charges against SBB Research and its top executives
SBB Research Group, a registered hedge fund adviser, and its top executives are facing fraud charges filed by…
By Cedric DentNew York, Pennsylvania oppose Purdue Pharma’s $38 million bonuses for executives
The attorneys general of New York State and Pennsylvania opposed the decision of Purdue Pharma to give $38…
By Catherine DavisMercury Insurance to pay $41 million to settle legal fight with California
Mercury Insurance Company finally settled its two decades long legal fight with California over its alleged unlawful business…
By Marivic Cabural SummersBMO advisory firms to pay $37 million for violating SEC rules
The Securities and Exchange Commission (SEC) said two BMO advisory firms agreed to pay more than $37 million…
By Cedric Dent
