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SCWorx Corp. and former CEO misled investors about COVID-19 test kits

Washington D.C. — The Securities and Exchange Commission has charged New York-based SCWorx Corp. and its former Chief Executive Officer and Chairman of the...

SEC Proposes Rule Changes to Prevent Misleading or Deceptive Fund Names

Washington D.C. — The Securities and Exchange Commission this week proposed amendments to enhance and modernize the Investment Company Act “Names Rule” to address...

Aitana Vargas’s exposé on Hadari Oshri nominated for journalism award

  AN IMPORTANT NOTE: On June 22, 2021, Hadari Oshri –Marc Lubaszka’s business partner– filed a civil harassment restraining order (CHRO) against Investor News reporter...

Allianz Global Investors Agrees to Pay More Than $1 Billion to Resolve SEC Charges

SEC Charges Allianz Global Investors and Three Former Senior Portfolio Managers with Multibillion Dollar Securities Fraud Washington D.C. — The Securities and Exchange Commission (SEC)...

SEC Obtains Emergency Relief to Halt Pre-IPO Stock Fraud Scheme by Unregistered Broker-Dealer

Defendants, including persons barred from the brokerage industry, allegedly sold shares they didn’t own, and pocketed more than $75 million Washington D.C. — The Securities...

Founders of cryptomining scheme accused of using investments to fund lavish lifestyle

SEC Halts Fraudulent Cryptomining and Trading Scheme Washington D.C. — The Securities and Exchange Commission this week announced fraud charges against MCC International Corp. (MCC),...

SEC Charges Archegos and its Founder with Massive Market Manipulation Scheme

Multiple Archegos Executives Charged with Misleading Counterparties Washington D.C. — The Securities and Exchange Commission has charged Sung Kook (Bill) Hwang, the owner of family...

Brazilian Mining Company Charged with Misleading Investors about Safety Prior to Deadly Dam Collapse

Since 2016, Vale manipulated safety audits and obtained fraudulent stability certificates Washington D.C. — The Securities and Exchange Commission has charged Vale S.A., a publicly...

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