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 […]
Frauds & Scandals
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 […]
SEC Charges Private Equity Firm Prime Group for Inadequate Disclosure of Fees Paid to Affiliate
NY-based company to pay $20.5 million to settle charges September 5, 2023/IMF The Securities and Exchange Commission today charged Prime Group Holdings LLC, a private equity firm focused on alternative real estate asset classes, for failing to adequately disclose millions of dollars of real estate brokerage fees that were paid […]
