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Friday, May 7, 2021
Google Walkout

Alphabet settles shareholder lawsuit over mishandling of sexual misconduct allegations

Alphabet Inc (NASDAQ: GOOG, GOOGL), the parent company settled a shareholder lawsuit alleging that it mishandled sexual misconduct allegations by its top executives.  In a...
Daimler annual press con-Stuttgart-2020

Daimler, Mercedes-Benz to pay $2.2B to settle emissions charges in the U.S.

Daimler AG (OTCMKTS: DMLRY) and its subsidiary Mercedes-Benz USA agreed to pay a total of approximately $2.2 billion to settle allegations that it sold...

U.S. Treasury pushes stronger rules on crypto wallet to deter criminals; Opposition mounts

The U.S. Treasury Department is pushing for new rules that seek to make convertible cryptocurrencies like bitcoin less attractive to criminals. The Financial Crimes Enforcement Network,...
IIG Managing Partner pleads guilty to Ponzi-like scheme

CFTC Charges PaxForex for Offering Illegal Leverage Transactions in Bitcoin, Ether, Litecoin

Laino Group Limited also doing business as PaxForex is facing a civil lawsuit alleging that it is offering unlawful leverage transactions in cryptocurrencies and...
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....
IIG Managing Partner pleads guilty to Ponzi-like scheme

FTC sues online sellers of PPE that falsely promise fast deliveries

The Federal Trade Commission (FTC) filed charges against three online sellers of face masks and other personal protective equipment (PPE) for making false promises...
uBiome founders face fraud charges

Bausch Health, formerly Valeant, to pay $45 million to settle SEC charges

Bausch Health formerly Valeant Pharmaceuticals agreed to pay a penalty of $45 million to settle a complaint filed by the Securities and Exchange Commission...
DHS suspends deportations for 100 days

BREAKING: DHS Suspends Deportations for Certain Noncitizens for 100 Days

The Department of Homeland and Security (DHS) announced that it is suspending the deportations of certain noncitizens for 100 days. On Wednesday night, DHS Secretary...
AllianceIT

AllianceIT settles DOJ complaint that it discriminated against U.S. workers

AllianceIT, a staffing services company based in Pleasanton, California, reached an agreement with the Department of Justice (DOJ) to settle the complaint against it. The...
Andrew Franzone, fomer race car team owner faces fraud charges

SEC charges Lewis Wallach, ex-CEO of Professional Financial Investors with operating a Ponzi scheme

Lewis Wallach, the former chief executive of Professional Financial Investors, Inc. (PFI) has been charged with operating a fraudulent Ponzi scheme and misappropriating investors’...

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Coinbase Nasdaq COIN

Coinbase Shares Plunge to All-Time Low Price of $251 Following Bearish...

The stock price of Coinbase (NASDAQ: COIN) plummeted 8.16% to $251.85 on Thursday, continuing to lose its value for the fourth straight day. The...