September 11, 2023/US SEC The Securities and Exchange Commission today announced settled charges against Monolith Resources LLC, a privately held energy and technology company headquartered in Lincoln, Nebraska, for using employee separation agreements that violated the SEC’s whistleblower protection rules. According to the SEC’s order, from February 2020 until early […]
Frauds & Scandals
SEC Sweep into Marketing Rule Violations Results in Charges Against Nine Investment Advisers
September 11, 2023/US SEC The Securities and Exchange Commission today announced charges against nine registered investment advisers for advertising hypothetical performance to the general public on their websites without adopting and/or implementing policies and procedures required by the Marketing Rule. All nine firms have agreed to settle the SEC’s charges […]
SEC Charges Fluor Corp. for Accounting Improprieties
Five former and current employees charged with causing company’s violations September 6, 2023/US SEC The Securities and Exchange Commission today announced that Irving, Texas-based Fluor Corporation will pay $14.5 million to settle charges stemming from the company’s improper accounting on two large-scale, fixed-price construction projects. Five former and current officers […]
