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Regulatory Actions August 3, 2020

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 (SEC) related to its financial disclosures.…

By – Marivic Cabural Summers
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Regulatory Actions August 1, 2020
SEC charges former Georgia state legislator Dean Alford in Ponzi scheme

The Securities and Exchange Commission (SEC) filed a complaint against Clarence Dean Alford, a former legislator and a…

By Marivic Cabural Summers
Regulatory Actions July 30, 2020
Spectro to pay $1M to settle Air Force SBIR program FCA violations

The United States entered into a $1 million Settlement Agreement with Spectro Scientific (Spectro), a global oil and…

By Jackie Allen
Regulatory Actions July 30, 2020
Pennsylvania AG’s lawsuit against Navient to proceed towards trial

Pennsylvania Attorney General Josh Shapiro announced that his lawsuit against Navient will move forward to trial. Navient is…

By Marivic Cabural Summers
Regulatory Actions July 30, 2020
DOJ suing MyLife.com over misleading billing and marketing practices

Mylife.com Inc., a California-based purveyor of background reports, and its CEO Jeffrey Tinsley are facing a lawsuit filed…

By Marivic Cabural Summers
Regulatory Actions July 29, 2020
VALIC Financial Advisors (VFA) to pay $40 million to settle SEC charges

The Securities and Exchange Commission (SEC) announced that VALIC Financial Advisors (VFA) agreed to pay approximately $40 million…

By Marivic Cabural Summers
Regulatory Actions July 28, 2020
Joseph Taub pleaded guilty to $17M market manipulation scheme

Joseph Taub, New Jersey-based securities trader, pleaded guilty today to orchestrating a massive, long-standing market manipulation scheme. He…

By Jackie Allen
Regulatory Actions July 27, 2020
Commonwealth Edison Co to pay $200M to end bribery investigation

The U.S. Attorney’s Office in Chicago announced that Commonwealth Edison Company (ComEd), the largest electric utility in Illinois, has…

By Jackie Allen

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