November 14, 2022/US SEC The Securities and Exchange Commission today announced charges against Massachusetts resident Adrian J. Kawuba, alleging that he conducted a fraudulent offering of securities. The SEC has obtained emergency relief in court, including a temporary restraining order and asset freeze against Kawuba. Kawuba allegedly raised approximately $2 […]
Frauds & Scandals
SEC Charges S&P Global Ratings with Conflict of Interest Violations
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 […]
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, […]
