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Sunday, June 26, 2022
lawsuit-settlement

Stock hijackers Mark Miller, Christopher Rajkaran plead guilty to pump-and-dump scheme

Two stock hijackers pleaded guilty to committing securities fraud by engaging in an illegal pump-and-dump scheme. On Thursday, Acting U.S. Attorney W. Anders Folk of...
lawsuit-settlement

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...
GameStop

SEC charges individuals engage in fraudulent options-trading of “meme stocks”

The U.S. Securities and Exchange Commission (SEC) sued two individuals engaged in  fraudulent wash trading of so-called "meme stocks." Wash trading is a market manipulation...
Securities and Exchange Commission vs Nasdaq

SEC busted a father and son microcap fraud scheme

The U.S. Securities and Exchange Commission (SEC) stopped a transatlantic microcap fraud scheme operated by a father and son and their associates. On Thursday, the...
Twitter Troll Douglas Mackley charged with election interference

Twitter to pay $809.5 million to settle securities fraud class-action lawsuit

Twitter Inc (NYSE: TWTR) agreed to pay $809.5 million to settle a consolidated class-action lawsuit filed by shareholders alleging that it committed securities fraud....
SEC Order unregistered ICO

GTV, Saraca, and Voice of Guo media companies to pay $539M to settle SEC...

The Securities and Exchange Commission (SEC) announced that the three media companies facing charges for conducting illegal securities offerings agreed to settle. GTV Media Group...
Capital One CEO Richard Fairbank

Capital One CEO Richard Fairbank to Pay Penalty for Violating Antitrust Laws

Capital One Financial Corp. (NASDAQ: COF) CEO Richard Fairbank agreed to settle a complaint by the Federal Trade Commission (FTC) alleging that he violated...
SEC Order unregistered ICO

SEC Sued BitConnect and Founder Kumbhani over $2 Billion Cryptocurrency Fraud

The U.S. Securities and Exchange Commission (SEC) sued BitConnect for allegedly committing a massive cryptocurrency fraud that harmed investors worldwide. According to the SEC, the...

Americans Viewing Economy Via Bearish Lens Amid COVID Delta Variant

For weeks now, Americans have heard about the infamous delta variant of coronavirus. This version of COVID is reportedly more contagious and even has...
Ponzi scheme

SEC Sues Bullard Enterprises, its Owners for Swindling 200 Investors in $18 Million Ponzi...

The U.S. Securities and Exchange Commission (SEC) stopped another Ponzi scheme, in which almost $18 million has been swindled from approximately 200 investors. On Tuesday,...

Must Read

Federal Aviation Administration Now Blamed For Air Travel Issues

Air travel problems that impede flights' abilities to proceed as planned have been a major hardship as of late. This is especially an issue...