December 19, 2024/US SEC On December 18, 2024, the Securities and Exchange Commission obtained a final judgment against defendant Petar Dimitrov Mihaylov, a citizen of Bulgaria, for his particular role in a scheme spanning at least 2006 to 2020 that generated more than $145 million of illegal sales of stock […]
Frauds & Scandals
SEC Charges Former BioPharma Exec with Insider Trading
December 19, 2024/US SEC The Securities and Exchange Commission today announced the filing of a settled insider trading case against Curt L. Dewitz of Inlet Beach, Florida. Dewitz is a former executive of a biopharmaceutical company. The Commission’s action alleges that he traded in the securities of two related public […]
Dangote Refinery Issues Update on NNPCL Misinformation
December 18, 2024/Dangote Group We have received numerous inquiries from the media and other concerned stakeholders seeking clarification on a recent report attributed to the Nigerian National Petroleum Company Limited (NNPCL) that their decision to secure a $1 billion loan backed by its crude was instrumental in supporting the Dangote […]
