June 15, 2021/US SEC The Securities and Exchange Commission today announced settled charges against real estate settlement services company First American Financial Corporation for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. According to the SEC’s order, on the morning of May 24, […]
Frauds & Scandals
SEC Awards Approximately $3 Million to Two Whistleblowers
June 14, 2021/US SEC The Securities and Exchange Commission today announced an aggregate award of approximately $3 million to two whistleblowers whose information and assistance led to a successful SEC enforcement action. The whistleblowers separately and independently provided SEC staff with valuable information and ongoing assistance, which included participating in […]
SEC Charges Biotech Company and Executives in $10 Million Offering Fraud
June 11, 2021/US SEC The Securities and Exchange Commission today charged Cell>Point, LLC, a Colorado radiopharmaceutical company, its CEO Greg Colip, and its CFO Terry Colip with fraudulently offering and selling approximately $10 million in securities to at least 151 investors. The SEC’s complaint, filed in U.S. District Court for […]
