These charges mark the first violation of the SEC’s amended marketing rule August 21, 2023/US SEC The Securities and Exchange Commission today announced charges against Titan Global Capital Management USA LLC, a New York-based FinTech investment adviser, for using hypothetical performance metrics in advertisements that were misleading. The SEC also […]
Frauds & Scandals
SEC Obtains Emergency Relief, Charges Recidivist in Offering Fraud
August 18, 2023/US SEC The Securities and Exchange Commission today announced that it filed an emergency action and obtained a temporary restraining order and asset freezes to stop an offering fraud allegedly perpetrated by Florida company PreIPO Corp., Boca Raton resident and serial recidivist, John A. Mattera, and West Palm […]
SEPLAT Issues Update on Incident Involving the Majestic Rig Near Ovhor, Delta State
August 15, 2023/Seplat Energy Plc Seplat Energy regrets to announce a serious incident on the Depthwise swamp drilling rig “Majestic” in the early hours of this morning. Seplat as the operator of the SEPLAT/NNPCL joint venture contracted the rig. It was in-transit to its planned drilling location at Ovhor in […]
