Author: InvestAdvocate

SEC Charges Zymergen Inc. With Misleading IPO Investors About Company’s Market Potential and Sales Prospects

September 13, 2024/US SEC The Securities and Exchange Commission today announced settled charges against Zymergen Inc., an Emeryville, California-based biotechnology company, for misleading IPO investors about its overall market potential, revenue prospects, and customer pipeline for its only commercially available product, an electronics film named Hyaline. Zymergen raised approximately $530 […]

Borno: Aliko Dangote Foundation donates N1bn to Maiduguri Flood Victims

…Presidential Committee on Flooding also donates N1bn September 13, 2024/Dangote Group   Chairman of Aliko Dangote Foundation (ADF) and Chairman, National Committee on Flood Relief and Rehabilitation, Mr. Aliko Dangote, has donated a whopping sum of one billion Naira to help assuage the pains of the Maiduguri flood victims in […]

SEC Charges Former Financial Consultant for Providing Father and Friends Inside Information Regarding Firm’s Client

Consultant’s father and two friends charged with making more than $1 million in illicit insider trading profits September 13, 2024/US SEC The Securities and Exchange Commission today charged Federico Nannini, his father, and two of his friends for insider trading in advance of the pending acquisition of Infrastructure and Energy […]