July 13, 2021/US SEC The Securities and Exchange Commission charged Shimon Rosenfeld, Esq., an attorney and resident of Brooklyn, New York, with defrauding retail investors out of approximately $6 million in an illegal offering fraud scheme. According to the SEC’s complaint, between May 2014 and March 2018, Rosenfeld solicited at […]
Frauds & Scandals
SEC Announces $97 Million Enforcement Action Against TIAA Subsidiary for Violations in Retirement Rollover Recommendations
July 13, 2021/US SEC The Securities and Exchange Commission today announced that TIAA-CREF Individual & Institutional Services LLC (TC Services), a subsidiary of Teachers Insurance and Annuity Association of America (TIAA), will pay $97 million to settle charges of inaccurate and misleading statements and a failure to adequately disclose conflicts […]
NBC, Rite Foods suit resumes Sept 22
July 12, 2021/Chain Reactions Nigeria A Federal High Court in Lagos, today Monday July 12, adjourned till September 22, proceedings in the suit between Nigerian Bottling Company (NBC) Ltd and Rite Foods Ltd. In the suit, marked FHC/L/CS/92/2021, both firms are locked in battle over alleged similarities or not between […]
