April 18, 2022/US SEC The Securities and Exchange Commission today announced charges against Fernando Passos, the former executive vice president of finance and investor relations of Brazilian reinsurance company IRB Brasil Resseguros S.A., for allegedly planting a false story with the media and disseminating false documents claiming that Berkshire Hathaway […]
Frauds & Scandals
SEC Charges Florida Recidivists with Fraud and Registration Violations
April 14, 2022/US SEC The Securities and Exchange Commission filed fraud charges against Boca Raton, Florida residents Joseph Salvatore DeVito (a/k/a Salvatore DeVito) and Dean Anthony Esposito (a/k/a Dean Anthony) for unlawfully acting as unregistered brokers and hiding their histories of securities law violations while soliciting investments in several unregistered […]
SEC Obtains Final Judgment Against Former Company Controller Charged with Insider Trading
April 14, 2022/US SEC The Securities and Exchange Commission announced today the entry of a final judgment on April 11, 2022 against Mark Loman, formerly controller of OSI Systems, Inc., a California-based security, electronics, and healthcare manufacturing company. Loman agreed to pay $482,050 to settle the charges that he secretly […]
