November 10, 2021/US SEC The Securities and Exchange Commission today announced awards of more than $12.5 million and $2.5 million to two whistleblowers whose information and assistance led to a successful SEC enforcement action. The first whistleblower alerted Commission staff to a fraudulent scheme and prompted the opening of an […]
Frauds & Scandals
Court Grants Interim Orders of Mareva Injunctions in the Court Action by ZENITHBank Against Shebah
November 10, 2021/NGX Seplat Energy has been made aware of the ex parte Interim Orders of Mareva Injunctions which were granted by the Federal High Court sitting in Lagos, Nigeria in a court action instituted by Zenith Bank PLC against Shebah Exploration & Production Company Limited and 8 others, with an additional 29 […]
SEC Charges Partner at Global Consulting Firm With Insider Trading
November 10, 2021/US SEC The Securities and Exchange Commission today charged Puneet Dikshit, a partner at a global management consulting firm, with illegally trading in advance of a corporate acquisition by one of the firm’s clients in September. The SEC’s complaint, filed in federal district court in Manhattan, alleges that […]
