24.2 F
New York
Saturday, February 4, 2023
FTC-lawsuit-Kochava-geolocation data

Former IRB Brazil RE Senior Executive Fernando Passos charged with fraud

The United States government filed fraud charges against Fernando Passos, the former executive vice president of finance and investor relations of IRB Brasil Resseguros...
uBiome founders face fraud charges

Court Orders Sanctuary Belize Scam Ringleaders to Pay $120.M to FTC

A federal district court entered a final order approving a huge amount of financial judgment against the Sanctuary Belize scam ringleaders that defrauded U.S....

Shipchain, Founded by John Monarch, Gets Shutdown via SEC Enforcement Action

🚨 Alert 6/15/22🚨  John Monarch's co-defendant has implicated him in an alleged blackmail after Monarch attempted to clear his liability by falsely shifting the...

Electronic Arts class-action suit — are loot boxes gambling or gaming?

The Aug. 13 class-action lawsuit (Kevin Ramirez vs Electronic Arts) reflects the still unanswered questions about online game loot boxes in the U.S. and...

Dragoneer Growth Opportunities raised $600M in IPO

Dragoneer Growth Opportunities, a newly formed SPAC, raised $600 million in its IPO, offering 60 million units at $10. Each unit consists of one share of...

Is it legal to pay ransomware ransoms?

Ransomware attacks have become more sophisticated and widespread, affecting almost everyone from large corporations, small and medium-sized businesses, government agencies, non-profit organizations, hospital systems...
insider trading

Gene Levoff denied motion to dismiss, will face insider trading charges

The U.S. District Court for New Jersey shot down Gene Levoff’s motion to dismiss his indictment on Wednesday. He will face charges for insider...

Nikola Founder Trevor Milton denies allegations of fraud amid GM merger and SEC, DOJ...

The stock of Nikola Motor Corporation (NKLA: NASDAQ), the electro-hydrogen car start-up, has been on a wild ride for the last week. The company's...

Citigroup sues for breach of contract over $900 million loan error

Citigroup scored a victory in the form of a temporary court order freezing $175 million that Brigade Capital Management failed to return to the...

DOJ charges 345 people involve in more than $6 billion healthcare fraud

The Department of Justice (DOJ) charged 345 people, including doctors,  nurses, and a variety of medical professionals allegedly involved in more than $6 billion in...

Must Read

Houston man sentenced to 38 years for the 2019 murder of...

Harris County District Attorney Kim Ogg announced Saturday that a Houston man convicted of the 2019 murder of his wife was sentenced to 38...