Hedge Funds Own More Stock Than Ever
Hedge funds own $1.4 trillion in stocks, according to a Bank of America report. That’s the most ever, surpassing the old record set in...
The Rise and Fall of VPX/Bang Founder Jack Owoc
Big personalities and big brands are a part of American business. This can be seen clearly in the energy beverage market. Just look at...
Securities and Exchange Commission Terminates Fraudulent Coin Offering Scheme
Fraudulent Coin Offering Scheme
The Securities and Exchange Commission obtains a court order halting an ongoing fraud. The illegal operation involves an initial coin offering...
Healthcare Executives And Fraud Charges
Healthcare Fraud A Recurring Theme
The Securities and Exchange Commission announces fraud charges against three former Constellation Healthcare Technologies executives. The complaint charges former Constellation...
Newark Police Officers $4M OT Deal
In a gripping legal saga, Newark police officers emerged victorious in a federal courtroom, securing a $4 million settlement in a landmark lawsuit against...
Financial Advisers Seem to be a Magnet for Federal Fraud and Money Laundering Charges
Financial Advisers and Money Laundering
Li Lin Hsu, 40, a financial adviser for Ameriprise Financial, finds herself in the crosshairs of the FBI and U.S....
Mozido Company Founder Charged in Fraudulent Scheme
Top Level Executives and a Revolving Door
Mozido Inc, headquartered in Austin, Texas, is a financial technology (FinTech) company that designs and delivers mobile payment...
SEC alleges fraud, freezes Hvizdzak hedge fund
The Securities and Exchange Commission (SEC) filed charges on June 16, 2020, against three Pennsylvania entities and their owners who allegedly engaged in a...
Lawsuits to bankruptcy: Monster’s bid to Buy Bang Energy Successful
Last week's news that Monster, the energy drink giant, made a bid to buy Bang Energy in bankruptcy court for $362 million sent shockwaves...
SEC files lawsuit against entities and individuals engage in microcap fraud scheme
The Securities and Exchange Commission (SEC) filed a complaint against five individuals and six offshore entities involved in a microcap fraud scheme, in which...