July 4, 2023/SEC Nigera A Federal High Court sitting in Abuja has adjourned the trial of Ovaioza Yunusa who was alleged to be involved in a scam of N2bn to July 12, 2023.The presiding Judge, Justice Gladys Olotu adjourned the case because the defense parties failed to appear before the […]
Frauds & Scandals
SEC Charges “Smart” Window Manufacturer, View Inc., with Failing to Disclose $28 Million Liability
SEC declines to impose civil penalties because of company’s self-report, remediation, and cooperation July 3, 2023/US SEC The Securities and Exchange Commission today announced settled charges against a California-based manufacturer of “smart” windows, View Inc., for failing to disclose $28 million in projected warranty-related liabilities to address a particular defect […]
SEC Charges Former Pharma Employee with Insider Trading
June 30, 2023/US SEC The Securities and Exchange Commission today charged Juan Roman with insider trading in advance of public announcements concerning two drugs under development at Acceleron Pharma Inc. At the time of the alleged trading, in 2019 and 2020, Acceleron was a publicly-traded Massachusetts-based biopharmaceutical company, and Mr. […]
