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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 Pavithran of violating federal securities laws in connection with its fraudulent initial…
By – Marivic Cabural SummersLatest news
California Judicial Council ends moratorium on evictions and foreclosures
The California Judicial Council decided to end its moratorium on evictions and foreclosure filings on September 1. During…
By Marivic Cabural SummersNestle sued for polluting French river, tons of fish found dead
Nestle has been sued by the head of a French fishing federation after finding thousands of dead fish…
By Colby McCoyMyPayrollHR CEO Michael Mann pleads guilty to 12 counts of fraud
Former Valuewise/MyPayrollHR owner Michael Mann plead guilty on Wednesday to engineering a complex $100 million bank fraud. He…
By Jackie AllenLucky Brand acquired by Simon and Authentic Brands
Simon Property Group and Authentic Brands Group (ABG) have teamed up in an unlikely deal to acquire bankrupt…
By Colby McCoyGene 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 AllenDaimler, 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…
By Marivic Cabural SummersFortnite maker Epic sued Apple over its alleged monopolistic practices
Apple Inc. (NASDAQ; AAPL) is facing a lawsuit filed by Epic Games, the maker of Fortnite online video…
By Marivic Cabural SummersBetelgeuse, the supergiant star may become a supernova soon
Astrophysicist, Andrea Dupree, says the supergiant star Betelgeuse may be going supernova sooner than expected. Dupree is the…
By Jackie AllenAmazon liable for defective product sold by third-party on its website: Appeals Court
Amazon.com (NASDAQ: AMZN) suffered a critical blow on Thursday after a California Appeals Court ruled against it in…
By Marivic Cabural SummersGOP senator calls for China to repay century-old $1.6T debt
GOP Sen. Martha McSally, R-Ariz has called for China to repay a $1.6T sovereign debt plus interest that…
By Colby McCoy