Culled—Proshare Saturday, August 31, 2019/News The Federal High Court holden at the FCT Abuja has granted the Asset Management Corporation of Nigeria’s application to take over the assets of Dr. A.B.C. Orjiako. The order was given by Honourable Justice Taiwo O. Taiwo and issued on August 15, 2019. By this […]
Fraud & Scandals
SEC Shuts Down $300 Million Fraud Perpetrated by San Diego Company and Its Principal
Obtains Consent to Asset Freeze Preserving Retail Investor Assets August 29, 2019/US SEC The Securities and Exchange Commission today announced it has filed charges and obtained a consented-to asset freeze against San Diego-based ANI Development LLC, its principal, Gina Champion-Cain, and a relief defendant, for operating a multi-year $300 million […]
SEC Charges Investment Adviser with Defrauding Its Advisory Clients
August 29, 2019/US SEC The Securities and Exchange Commission today charged Cetera Advisors, LLC, a registered investment adviser and broker-dealer based in Denver, Colorado, with breaching its fiduciary duty and defrauding its retail advisory clients by, among other things, failing to disclose conflicts of interest related to the firm’s receipt […]
