October 16, 2019/US SEC One of the alleged perpetrators of a Ponzi-like scheme that raised more than $345 million from over 230 investors across the United States, Kevin B. Merrill, has been sentenced to 22 years in prison, in a parallel criminal case. The court also ordered Merrill to repay […]

October 16, 2019/US SEC The Securities and Exchange Commission has filed an emergency action and obtained an asset freeze against 18 traders in a scheme to manipulate more than 3,000 U.S.-listed securities for over $31 million in illicit profits. The SEC alleges that the traders, who are primarily based in China, […]

October 15, 2019/AMCON In what seemed like an x-ray of the newly amended 2019 AMCON Act, which was recently signed into law by President Muhammadu Buhari, a legal consultant and Senior Partner, Olaniwun Ajayi -LP, Mr Muyiwa Balogun has challenged the Asset Management Corporation of Nigeria (AMCON); Asset Management Partners […]