June 30, 2023/US SEC On June 29, 2023, the Securities and Exchange Commission filed insider trading charges against Bruce Garelick, a former board member of Digital World Acquisition Corporation (DWAC), a special purpose acquisition company (SPAC); Michael Shvartsman and his firm Rocket One Capital LLC; and Gerald Shvartsman for trading […]
Frauds & Scandals
SEC Charges Police Chief, Four Others in Connection with Insider Trading Before Pharmaceutical Merger
June 30, 2023/US SEC The Securities and Exchange Commission today filed insider trading charges against five individuals, including a police chief in Dighton, Massachusetts, arising from trading before the announcement of a tender offer by Alexion Pharmaceuticals Inc. to acquire Portola Pharmaceuticals Inc. in May 2020. Four of the defendants […]
*SHOCKING: Arik Air Founder Sir Arumemi Johnson Still Owes AMCON Over N400billion*
June 22, 2023/InvestAdvocate From all indications, there appears to be no end to the brouhaha between the Asset Management Corporation of Nigeria (AMCON) and Sir Arumemi Johnson regarding the activities of the Receiver Manager of Arik Air Limited, Mr Kamilu Alaba Omokide FCA, a Senior Vice President at AMCON who […]
