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Sears, the store that changed America, declares bankruptcy

Culled–CNN By Chris Isidore, CNN Business Sears, the once-dominant retail chain that changed how Americans shopped and lived, has filed for bankruptcy. The 132-year-old company has been struggling for several… Read more »

SEC Suspends Former BDO Accountants for Improperly “Predating” Audit Work Papers

October 12, 2018/US SEC The Securities and Exchange Commission today suspended three former BDO USA LLP accountants for their improper professional conduct during an audit of an exchange-listed insurance company…. Read more »

Facebook Says Hackers Saw Personal Info of 14 Million People

The exposed data included relationship status, birth date, hometown, education and the 15 most recent searches, Facebook said. October 12, 2018/NBC News Facebook said on Friday that hackers were able… Read more »

Crypto is the Mother of All Scams, While Blockchain Is The Most Over-Hyped Technology Ever

Culled—Proshare 11/10/2018/By Nouriel Roubini Being the Testimony for the Hearing of the US Senate Committee on Banking, Housing and Community Affairs On “Exploring the Cryptocurrency and Blockchain Ecosystem” – Crypto… Read more »

Boston-Area Defendant in SEC Insider Trading Case Convicted in Criminal Case

11/10/2018/US SEC The Securities and Exchange Commission announced today that on October 9, 2018, Harold L. Altvater was convicted on three counts of securities fraud after a criminal trial before… Read more »

APO Group reports non-payment by cryptocurrency manufacturing company Watts Miners Inc.

October 11, 2018/APO Group APO Group (https://www.APO-opa.com/) hereby notifies the public of the multiple reports of potentially fraudulent activities of the cryptocurrency manufacturing company known as Watts Miners Inc. (WMI)… Read more »

SEC Stops Fraudulent ICO that Falsely Claimed SEC Approval

October 11, 2018/US SEC The Securities and Exchange Commission today announced that it has obtained an emergency court order halting a planned initial coin offering (ICO), which backers falsely claimed… Read more »

SEC Obtains Preliminary Injunction in Alleged $345 Million Fraud

October 11, 2018/US SEC The Securities and Exchange Commission today announced that on October 4, 2018, United State District Judge Richard Bennett entered a preliminary injunction against defendants Kevin B. Merrill,… Read more »

Court Bars former Nomura Rmbs Trading Supervisor from Association with Brokerage Firms

10/10/2018/US SEC On October 3, 2018, the Securities and Exchange Commission obtained a final judgment against Ross B. Shapiro, the former head of the residential mortgage backed securities (“RMBS”) trading… Read more »

SEC Announces Settlement in Insider Trading Case Against Former Executive

October 10, 2018/US SEC The Securities and Exchange Commission announced today the entry of a final judgment against Dennis Hamilton, a former executive at Stamford, Conn.-based electronics company Harman International… Read more »

 

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