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 […]
Frauds & Scandals
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 […]
SEC Charges TheBull with Selling “Insider Trading Tips” on the Dark Web
July 9, 2021/US SEC The Securities and Exchange Commission today charged Apostolos Trovias, a Greek national, with perpetrating a fraudulent scheme to sell what he called “insider trading tips” on the Dark Web. The Dark Web, which facilitates anonymity by obscuring users’ identities, allows users to purchase and sell illegal […]
