December 3, 2024/US SEC The Securities and Exchange Commission today filed settled charges against Maurizio Chiriva-Internati, the former CEO of Houston-based biotherapeutics company, Kiromic BioPharma, Inc., for failing to disclose material information about Kiromic’s two cancer fighting drug candidates before, during, and after a July 2, 2021 follow-on public offering […]
Frauds & Scandals
SEC Charges Ken Leech, Former Co-Chief Investment Officer of Western Asset Management Co., with Fraud
Defendant allegedly engaged in cherry-picking, allocating hundreds of millions of dollars in net first-day gains and losses to favored and disfavored portfolios, respectively November 25, 2024/US SEC The Securities and Exchange Commission today announced fraud charges against Stephen Kenneth (“Ken”) Leech, the former co-chief investment officer (CIO) of registered investment […]
Reps Panel Absolves Ecobank of Any Liability to 167 Sacked Workers
November 24, 2024/Ecobank Nigeria The House of Representatives Committee on Public Petitions has absolved Ecobank of any liability toward the 167 members of staff of the bank laid off in 2023. Chairman of the committee, Rep. Mike Etaba (APC-Cross River), who ruled on a petition by the claimants on Thursday […]
