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 […]

INEC Hints on Likely Inability to Conduct Elections in 242 Polling Units

November 9, 2022/CSL Research Based on a This Day news report, the Independent National Electoral Commission (INEC) on Tuesday disclosed that 242 polling units with 142,261 registered voters in 10 Local Government Areas of Katsina State were under serious security threat. The commission’s head of the department of electoral operation […]