June 25, 2021/US SEC The Securities and Exchange Commission filed insider trading charges on June 15, 2021, against a Silicon Valley trading ring, whose members generated nearly $1.7 million in profits and losses avoided by trading on the confidential earnings information of two local technology companies. According to the SEC’s […]
Frauds & Scandals
SEC Charges Amec Foster Wheeler Limited With FCPA Violations Related To Brazilian Bribery Scheme
June 25, 2021/US SEC The Securities and Exchange Commission today announced charges against Amec Foster Wheeler Limited (Foster Wheeler) for violations of the Foreign Corrupt Practices Act (FCPA) arising out of a bribery scheme that took place in Brazil. As part of coordinated resolutions with the SEC, the U.S. Department of […]
SEC Awards More Than $1 Million to Whistleblower
June 24, 2021/US SEC The Securities and Exchange Commission today announced an award of more than $1 million to a whistleblower whose information and assistance led to multiple successful SEC enforcement actions. The whistleblower provided SEC staff with valuable information and ongoing assistance, which included participating in interviews with the staff. […]
