Company Agrees to Pay a Record Penalty in Regulation FD Cases of $6.25 Million December 5, 2022/US SEC The Securities and Exchange Commission today announced that AT&T agreed to pay a $6.25 million penalty and three company executives agreed to pay $25,000 apiece stemming from charges brought in March 2021 […]
Frauds & Scandals
SEC Charges New Defendant and Adds Whistleblower Impeding and Retaliation Claims in $149 Million Offering Fraud Case
December 1, 2022/US SEC On November 22, the Securities and Exchange Commission filed an amended complaint against Adam Rogas, the former CEO of Las-Vegas-based NS8, Inc., who was previously charged with defrauding investors by falsely claiming millions of dollars in revenue for NS8. The amended complaint adds charges against Rogas […]
SEC to Continue Enforcement against Ponzi Schemes
November 30, 2022/SEC Nigeria The Securities and Exchange Commission has assured the investing public that it will continue to deploy its enforcement mechanisms including collaboration with other relevant government agencies and stakeholders in its bid to curtail the activities of Ponzi schemes. This assurance was given by the Executive Commissioner […]
