Former CFO of Publicly Traded Brazilian Company Charged in Fraud Scheme
A superseding indictment was unsealed today in the Southern District of Iowa charging the former Chief Financial Officer (CFO) of publicly traded reinsurance company,...
TRO and asset freeze against alleged perpetrators of nearly $450M Ponzi Scheme
Washington D.C. — The Securities and Exchange Commission today announced charges and an asset freeze against several Las Vegas-area individuals and companies allegedly behind...
US Leads Seizure of One of the World’s Largest Hacker Forums and Arrests Administrator
The Department of Justice today announced the seizure of the RaidForums website, a popular marketplace for cybercriminals to buy and sell hacked data, and unsealed...
Woman Pleads Guilty for $43.8 Million COVID-19 Relief Fraud Scheme
An Oklahoma woman pleaded guilty in the Western District of New York for a scheme to defraud the Paycheck Protection Program (PPP) of over...
District Court Orders New Jersey Company to Stop Distribution of Adulterated Pet Food Contaminated with Salmonella
A federal court this week ordered a Carneys Point, New Jersey company to stop distributing adulterated pet food in violation of the Federal Food,...
Hadari Oshri sued for copyright infringement in 2017
AN IMPORTANT NOTE: On June 22, 2021, Hadari Oshri –Marc Lubaszka’s business partner– filed a frivolous civil harassment restraining order (CHRO) against Investor News...
Physician convicted for unlawfully prescribing over 1 million opioid pills
A Texas physician has been convicted for unlawfully prescribing more than one million pills of the opioid hydrocodone.
According to court documents and evidence presented...
SEC Proposes Rules to Include Certain Significant Market Participants as “Dealers” or “Government Securities Dealers”
Washington D.C. — The Securities and Exchange Commission has proposed proposed two rules that would require market participants, such as proprietary (or principal) trading...
SEC Proposes Rules to Enhance Disclosure and Investor Protection Relating to Special Purpose Acquisition Companies, Shell Companies, and Projections
Washington D.C. — The Securities and Exchange Commission today proposed new rules and amendments to enhance disclosure and investor protection in initial public offerings...
Federal Court Bans Deceptive Health Claims and a Wide Range of Other Deceptive Conduct
Federal Court Rules in Favor of FTC, Halting Illegal Tactics Used to Promote Smoking Cessation, Weight-Loss, and Sexual-Performance Aids
At the request of the Federal...