June 22, 2022/US SEC The Securities and Exchange Commission charged Canadian citizen Bradley Moynes and Canadian corporation Digatrade Financial Corp. for engaging in a deceptive scheme involving microcap companies that generated more than $1.5 million in unlawful stock sale proceeds at the expense of unsuspecting retail investors. The SEC’s complaint […]
Frauds & Scandals
Oando Announces Outcome of Court Ruling on Petition Filed by Minority Shareholders
June 22, 2022/NGX Oando PLC (referred to as “Oando” or the “Company”), Nigeria’s leading indigenous energy group listed on both Nigerian Exchange Limited and Johannesburg Stock Exchange, today announced the outcome of a court ruling following a petition filed on 25th March 2021 at the Federal High Court, Lagos by […]
SEC Charges Egan-Jones Ratings Co. and CEO with Conflict of Interest Violations
June 21, 2022/US SEC The Securities and Exchange Commission today charged Haverford, PA-based Egan-Jones Ratings Company, a nationally recognized statistical rating organization (NRSRO) registered with the Commission in certain ratings classes, with violating conflict of interest provisions. The SEC also charged the company’s founder and chief executive officer, Sean Egan, […]
