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 […]
Frauds & Scandals
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 […]
AMCON Must Not Allow Arik Air To Die, NAAPE Pleads
September 5, 2023/AMCON Despite the smear campaign previous owners of Arik Air Limited had mounted especially since the change of government in the country to pitch the public against the Asset Management Corporation of Nigeria (AMCON), the leadership of the National Association of Aircraft Pilots and Engineers (NAAPE) led by […]