Frauds & Scandals

SEC Obtains Final Judgment Against a Rhode Island Investment Adviser Charged with Orchestrating Multi-Million Dollar Ponzi Scheme

June 9, 2022/US SEC On June 1, 2022, the U.S. District Court for the District of Rhode Island entered its final judgment and a permanent injunction against Patrick Churchville, the owner and president of Rhode Island-based investment advisory firm ClearPath Wealth Management, LLC, for defrauding the funds they advised as […]

SEC Charges New Jersey Software Company and Senior Employees with Accounting-Related Misconduct

Synchronoss Technologies to Pay $12.5 Million to Settle Charges, Former CEO to Reimburse Company June 7, 2022/US SEC The Securities and Exchange Commission today charged Bridgewater, NJ-based Synchronoss Technologies, Inc. and seven senior employees, including the former CFO, in connection with their roles related to long-running accounting improprieties that ran […]

Shareholders Thumb Up NASCON’s Good Performance, Despite Pandemic

June 5, 2022/Dangote Group …wins haulage company of the year Shareholders of NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited (DIL) have commended the food seasoning company over its impressive performance in the year ended December 31, 2021, in spite of the harsh economic operating environment just as […]