September 10, 2024/US SEC The Securities and Exchange Commission yesterday charged Cookeville, Tennessee resident Donald Anthony Wright and his company, Retirement Specialty Group, Inc., an SEC-registered investment adviser, with defrauding several investors. According to the SEC’s complaint, Wright primarily targeted Christian clients by promoting his and Retirement Specialty Group’s “faith-based” […]
Author: InvestAdvocate
SEC Charges Keurig with Making Inaccurate Statements Regarding Recyclability of K-Cup Beverage Pod
September 10, 2024/US SEC The Securities and Exchange Commission today charged Keurig Dr Pepper Inc. with making inaccurate statements regarding the recyclability of its K-Cup single use beverage pods. To settle the SEC’s charges, Keurig agreed to pay a $1.5 million civil penalty. According to the SEC’s order, in annual […]
Nigeria Inflation: Higher PMS Prices to Exacerbate Inflationary Pressures
September 10, 2024/Cordros Report The Nigerian National Petroleum Company Limited (NNPCL) effectively increased the base pump price of Premium Motor Spirit (PMS) by 47.4% to NGN855.00/litre on 3 September, up from NGN568.00/litre. This price adjustment follows a period of acute PMS scarcity and NNPC’s acknowledgement of substantial debt owed to […]
