…As case adjourned till September 8 August 19, 2021/AMCON Irrespective of the false narrative spreading on social media, Hon. Justice A. R. Mohammed of Federal High Court Abuja Division on Monday ordered the Asset Management Corporation of Nigeria (AMCON); NICON Insurance Limited, Nigeria Reinsurance (Nigeria Re) and Barrister Jimoh Ibrahim […]
Frauds & Scandals
SEC Charges IIIinois Resident with Insider Trading
August 18, 2021/US SEC The Securities and Exchange Commission announced charges against Denise Grevas of Evanston, Illinois for insider trading in the stock of Alder BioPharmaceuticals, Inc. in advance of a September 2019 announcement by H. Lundbeck A/S that it would acquire Alder through a tender offer. The SEC’s complaint […]
SEC Charges Netflix Insider Trading Ring
August 18, 2021/US SEC The Securities and Exchange Commission today announced insider trading charges against three former Netflix Inc. software engineers and two close associates who generated over $3 million in total profits by trading on confidential information about Netflix’s subscriber growth. According to the SEC’s complaint, Sung Mo “Jay” […]
