November 14, 2022/US SEC The Securities and Exchange Commission today charged S&P Global Ratings, a nationally recognized statistical rating organization (NRSRO) registered with the Commission, with violating conflict of interest rules designed to prevent sales and marketing considerations from influencing credit ratings. The SEC’s order finds that an issuer engaged […]
Frauds & Scandals
SEC Charges Pharmaceutical Co. Chief Information Officer in $8 Million Insider Trading Scheme
November 10, 2022/US SEC The Securities and Exchange Commission today announced insider trading charges against Ramkumar Rayapureddy, Chief Information Officer of pharmaceutical company Viatris Inc., which was formerly known as Mylan N.V. The SEC’s complaint, filed in the United States District Court for the Western District of Pennsylvania, alleges that, […]
Court Enters Final Judgment Against Connecticut Investment Adviser Charged with Stealing Client Funds
November 9, 2022/US SEC The United States District Court for the District of Connecticut entered a final judgment against Matthew O. Clason on November 8, 2022 in a previously-filed SEC case that charged Clason, a Connecticut-based investment adviser, with stealing hundreds of thousands of dollars from an advisory client. The […]
