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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’ funds. PFI is a real estate…
By Marivic Cabural SummersLatest news
U.S. Regulators order JPMorgan to pay $920M for manipulating precious metals, Treasury securities markets
JPMorgan Chase & Co. (NYSE: JPM) and its subsidiaries agreed to the order of U.S. regulators requiring it…
By Marivic Cabural SummersJ.P. Morgan Securities to pay $35 million for engaging in fraudulent manipulative trading
J.P. Morgan Securities agreed to resolve allegations by the Securities and Exchange Commission (SEC) alleging that it engaged…
By Marivic Cabural SummersDisney to lay off 28,000 employees as COVID-19 pandemic continues to hurt its theme parks
The Walt Disney Company (NYSE: DIS) made a “heartbreaking” and “difficult” decision to layoff 28,000 employees as the…
By Marivic Cabural SummersTesla inks five-year sales deal with Piedmont Lithium Limited
Tesla (NASDAQ: TSLA) signed a five-year, fixed-price binding sales agreement with Piedmont Lithium Limited (NASDAQ: PLL). The companies…
By Jackie AllenWhat Is A Zombie Company And Why You Need To Avoid It
As the COVID-19 pandemic continues to decimate many businesses across the nation, zombie companies have become a very…
By Sean CorlissFormer Amazon finance manager Laksha Bohra charged with insider trading
Laksha Bohra, a former finance manager at Amazon, Inc. (NASDAQ: AMZN) has been charged with insider trading by…
By Jackie AllenENTITY Academy collaborates with UCLA Extension on writer’s collective
Entity Academy collaborated with UCLA to offer digital career training through its three-week Writer’s Collective In-Virtual-Life program, according…
By Cedric DentBain Capital-led chip maker Kioxia pulls plug on $16B IPO due to US-China tech war
Kioxia Holdings called off plans to launch one of the biggest initial public offerings (IPOs) of the year. The…
By Colby McCoyCoronavirus Impact: A Guide to Helping Out Amid the Crisis
The impact of the novel coronavirus (COVID-19) pandemic is being felt in every corner of the globe. Sadly,…
By Sean CorlissCaesars signals possible purchase of UK bookmaker William Hill for $3.7B
Caesars Entertainmen Inc (NASDAQ: CZR) is in final negotiations to purchase U.K. betting firm William Hill PLC (OTCMKTS:…
By Colby McCoy
