October 24, 2022/US SEC The Securities and Exchange Commission today charged Cronos Group Inc., a Nasdaq-listed cannabis company based in Toronto, for improperly accounting for millions of dollars of revenue and for other accounting misconduct in multiple reporting periods. The SEC also charged Cronos’s former Chief Commercial Officer, William Hilson, […]
Frauds & Scandals
US Embassy Abuja Issues Security Alert on Elvated Risk of Terror Attacks in Nigeria
October 23, 2022/US Embassy The U.S. Embassy located in Abuja FCT has issued a security alert stating that there is an elevated risk of terror attacks in Nigeria, specifically in Abuja. The Embassy further stated that targets may include, but are not limited to, government buildings, places of worship, […]
SEC Charges Mattel with Financial Misstatements and Former PwC Audit Partner with Improper Professional Conduct
October 21, 2022/US SEC The Securities and Exchange Commission today announced that California-based Mattel Inc. has agreed to pay $3.5 million to settle charges relating to misstatements in its third and fourth quarter 2017 financial statements. Separately, the SEC is initiating litigation against Joshua Abrahams, a former audit partner at […]
