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Legal Industry February 26, 2020

FTC files complaint to block joint venture between Peabody Energy and Arch Coal

The Federal Trade Commission (FTC) rejected the proposed joint venture between Peabody Energy (NYSE: BTU) and Arch Coal (NYSE: ARCH). On Wednesday, the FTC filed an administrative complaint challenging the…

By – Marivic Cabural Summers
Latest news
Legal Industry February 26, 2020
FTC, New York AG’s Office Shutdown Illegal Debt Collection Scheme

The Federal Trade Commission (FTC) and the New York Attorney General’s Office ended an illegal debt collection scheme,…

By Marivic Cabural Summers
Legal Industry February 24, 2020
Three Rent-to-Own Operators settle anti-trust lawsuits filed by FTC

The Federal Trade Commission (FTC) announced that three rent-to-own operators agreed to settle the lawsuits alleging that the…

By Marivic Cabural Summers
Legal Industry February 24, 2020
Wells Fargo to pay $500 million for misleading investors regarding its cross-sell strategy

Wells Fargo & Company (NYSE: WFC) agreed to pay $500 million to settle a complaint alleging that it…

By Marivic Cabural Summers
Legal Industry February 20, 2020
Diageo agrees to pay $5 million to settle SEC charges over its disclosure failures

Diageo plc agreed to pay a penalty of $5 million to settle the allegations of the U.S. Securities…

By Marivic Cabural Summers
Legal Industry February 19, 2020
Blockchain Tech Startup Enigma MPC Settles with SEC over its Unregistered ICO

Enigma MPC, a blockchain technology startup based in San Francisco and Israel, reached a settlement agreement with the…

By Marivic Cabural Summers
Legal Industry February 18, 2020
EquiAlt Faces SEC Lawsuit over Alleged Fraudulent Securities Offering

EquiAlt LLC, a private real estate firm based in Florida is facing a lawsuit filed by the Securities…

By Marivic Cabural Summers
Legal Industry February 17, 2020
Telegram Open Network (TON) System Participants Slam SEC Lawsuit Stopping Digital Coin Offering

A Foundation composed of Telegram Open Network (TON) system participants including computer scientists, blockchain developers, programmers, and validators…

By Marivic Cabural Summers
Legal Industry February 14, 2020
GUILTY: Michael Avenatti has been found guilty on all counts in Nike extortion trial

Michael Avenatti is guilty on all three counts he was facing, according to a decision by a jury…

By Catherine Davis
Legal Industry February 13, 2020
Perpetrators of fraudulent online business education program to pay $17 million to settle FTC charges

The Federal Trade Commission (FTC) announced that the primary culprits of a fraudulent international online business education program…

By Marivic Cabural Summers
Legal Industry February 12, 2020
FTC sues Online Trading Academy (OTA) for allegedly making false earnings claims

The Federal Trade Commission (FTC) filed a lawsuit against OTA Franchise Corp, Newport Exchange Holdings and NEH Services…

By Marivic Cabural Summers

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