March 1, 2020/SEC Nigeria The securities and Exchnage Commission has restated it’s resolve to ensure that illegal fund managers in the country are not allowed to operate.This was stated by the Acting Director General of the SEC, Ms. Mary Uduk while speaking in Abuja, weekend.Represented by the Head, office of […]
Frauds & Scandals
Three Defendants in SEC Enforcement Action Sentenced in Parallel Criminal Case
February 28, 2020/US SEC Frank Reynolds, the former CEO of PixarBio Corporation who was charged by the SEC in a 2018 enforcement action, was sentenced on February 18, 2020 in a parallel criminal action to seven years in prison and three years of supervised release. Reynolds was also ordered to […]
SEC Charges Former Corporate Executive with Insider Trading
February 28, 2020/US SEC The Securities and Exchange Commission today announced insider trading charges against Bradley C. Davis, a former Vice President of Nordson Corporation, an Ohio-based manufacturing company. The SEC’s complaint alleges that in 2016, Davis regularly received confidential reports showing the strong financial performance of Nordson’s core adhesives […]
