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Friday, May 7, 2021
Zoom faces class action lawsuit over security

FTC OKs Final Settlement with Zoom over Alleged Misleading Data Security Practices

The Federal Trade Commission (FTC) announced the final approval of its settlement with Zoom Video Communications (NASDAQ: ZM) over allegations that the company misled...
Andrew Franzone, fomer race car team owner faces fraud charges

SEC Charges Individuals Behind Fraudulent Start Options Crypto Trading Platform, Bitcoiin2Gen (B2G) Tokens

The Securities and Exchange Commission (SEC) filed a lawsuit against three individuals behind the fraudulent Stock Options cryptocurrency trading platform and the Bitcoiin2Gen (B2G)...
IIG Managing Partner pleads guilty to Ponzi-like scheme

International Investment Group (IIG) Managing Partner David Hu Pleads Guilty in Over $100M Ponzi-Like...

The Managing Partner and Chief Investment Officer (CIO) of International Investment Group (IIG) pleaded guilty to defrauding clients and investors in the more than...
SEC sued Vuuzle over securities fraud

SCAM ALERT: SEC sues Vuuzle, Ronald Shane Flynn over $14M fraudulent securities offering

The Securities and Exchange Commission (SEC) filed a lawsuit against Vuuzle Media Corporation and its founder Ronald Shane Flynn also known as "Ronnie Shane"...

Biden removing Trump plan on opioid-treatment prescriptions

Three anonymous officials came forward to speak out about the pending announcement that Biden intends to halt the Trump administrations plan which allow more...
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....
uBiome founders face fraud charges

New York Ticket Brokers Sued by FTC, Faces More Than $31M Civil Penalties

Three New York-based ticket brokers are facing more than $31 million in civil penalties after the Federal Trade Commission (FTC) sued them for allegedly...
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...
military drones

Boeing’s Insitu to pay $25M to settle U.S. complaint over parts for military drones

Boeing-owned drone maker Insitu Inc. agreed to pay $25 million to settle allegations that it used recycled parts instead of new parts in military...

BREAKING: Visa, Plaid abandon $5.3B merger deal after DOJ antitrust lawsuit

Visa Inc. (NYSE: V) and Plaid mutually decided to abandon their $5.3 billion merger agreement after the U.S. Department of Justice (DOJ) filed a...

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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...