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Regulatory Actions August 20, 2020

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 common stock and one-fifth of a…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.
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Regulatory Actions August 19, 2020
Teva allegedly used charitable foundations to funnel illegal kickbacks to Medicare patients

Teva Pharmaceuticals (NYSE: TEVA) is facing another legal challenge, less than a year after reaching a global settlement…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Regulatory Actions August 19, 2020
Whiting petroleum brings in new leadership as part of Ch 11 reorganization

Whiting Petroleum (NYSE: WLL) will have a new CEO and a new board when it emerges from Chapter…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.
Regulatory Actions August 18, 2020
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)…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Regulatory Actions August 18, 2020
Centurylink faces enforcement action for violating anti-competitive deal with DOJ

The U.S. Department of Justice (DOJ) commenced an enforcement action against Centurylink (NYSE: CTL) for violating the terms…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Regulatory Actions August 17, 2020
Former Hertz CEO Mark Frissora charged with aiding and abetting disclosure failures

The Securities and Exchange Commission charged former Hertz Chairman and CEO  Mark Frissora for allegedly aiding and abetting…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Regulatory Actions August 17, 2020
FTC adds charges against Trafffic Jam Events over deceptive COVID-19 stimulus and “prize” mailers

The Federal Trade Commission (FTC) is pursuing a broader administrative complaint against a marketing company and its owner…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Regulatory Actions August 16, 2020
Apple loses $506M patent trial over its use of 4G LTE tech

An eight-person Eastern District of Texas federal jury decided that Apple should pay PanOptis Patent Management LLC more than…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.
Regulatory Actions August 16, 2020
DOJ finds Yale discriminating against Asians, Whites in undergraduate admissions

The U.S. Department of Justice (DOJ) found that Yale University has been discriminating against Asian and White American…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Regulatory Actions August 15, 2020
SEC charges Boon.Tech, CEO Rajesh Pavithran over fraudulent ICO

The Securities and Exchange Commission (SEC) accused Kelvin Boon LLC doing business as Boon.Tech and its CEO Rajesh…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Regulatory Actions August 15, 2020
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.…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.
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Regulatory Actions September 9, 2026
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Regulatory Actions September 8, 2026
Hidden AI Prompts In Court Filings Raise New Risks For California Justice
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Regulatory Actions September 6, 2026
DOJ Backs OpenAI In Landmark Copyright Fight Over AI Training And Fair Use
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Regulatory Actions September 4, 2026
VantageScore Opens to All Fannie, Freddie Lenders
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Regulatory Actions September 4, 2026
Trump Calls Tiger Woods DUI Plea Deal Fair -Presidential Pardon Is Legally Impossible

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