Edmond Chang Kickback Case: A Tangled Web of Deception and Greed
In a dramatic turn of events, a mistrial was declared by an Illinois federal judge in the high-stakes trial against a cunning business owner...
B2G, Start Options promoter John DeMarr pleads guilty for role securities fraud
The promoter of foreign cryptocurrency companies B2G and Start Options admitted his involvement in a multimillion-dollar scheme to defraud investors.
On Friday, the U.S. Department...
McKinsey Affiliate MIO Partners to pay $18 million to settle compliance failure
MIO Partners, a subsidiary of McKinsey and a registered investment adviser, settled an enforcement action by the U.S. Securities and Exchange Commission (SEC) in...
BitMEX to pay $100M to settle charges of illegally operating a cryptocurrency trading platform
BitMEX agreed to settle the charges filed by the U.S. Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN) alleging that...
Evanston Insurance Loses Appeal in Sexual Assault Case: Duty to Defend Hospital Upheld
(USA Herald) - In 2019, a New Year’s Eve sexual assault of a patient at a Miami hospital’s mental health ward made headlines around...
Fintech Investment Group, Compcoin to pay $1.8 million over fraudulent forex and digital asset...
Fintech Investment Group, Compcoin LLC, and its owner Alan Friedland were ordered to pay a total of $1.8 million for operating a fraudulent foreign...
JPMorgan to pay $200 million to settle regulatory violations over its recordkeeping
JPMorgan agreed to pay a total of 200 million penalties to settle regulatory violations related to its widespread recordkeeping and supervision failures.
On Friday, the...
CanaFarma, co-founders Vitaly Fargesen and Igor Palatnik charged with securities fraud
CanaFarma Hemp Products Corp. and its co-founders Vitaly Fargesen and Igor Palatnik are facing civil and criminal charges for allegedly committing securities fraud and...
FTC orders Online Trading Academy payment plans funder and servicer to offer debt forgiveness
The Federal Trade Commission (FTC) announced that the funder and servicer of Online Trading Academy (OTA) payment plans agreed to offer debt forgiveness to...
High Court Won’t Touch BASF Worker’s Vax Bias Suit
In a pivotal decision, the U.S. Supreme Court has opted not to intervene in a lawsuit brought by a BASF Corp. engineer, Brian Chancey,...