October 31, 2024/US SEC The Securities and Exchange Commission today charged Willow Grove, Pennsylvania resident Carlos Sacanell with insider trading ahead of an announcement that CVS Health Corporation, Inc. had agreed to acquire Oak Street Health, Inc. According to the SEC’s complaint, Sacanell was in a long-term relationship with a […]
Frauds & Scandals
JP Morgan Affiliates to Pay $151 Million to Resolve SEC Enforcement Actions
October 31, 2024/US SEC The Securities and Exchange Commission today charged J.P. Morgan Securities LLC (JPMS) and J.P. Morgan Investment Management Inc. (JPMIM) – both affiliates of JPMorgan Chase & Co. (JP Morgan) – in five separate enforcement actions for failures including misleading disclosures to investors, breach of fiduciary duty, […]
SEC Charges Furniture Company and Two Former Executives with Accounting Violations
October 30, 2024/US SEC The Securities and Exchange Commission announced today that it filed charges against Connecticut-based publicly traded furniture retailer The Lovesac Company, Donna Dellomo, CPA, Lovesac’s former CFO, and Yoon Um, CPA, Lovesac’s former controller, for accounting violations in connection with expenses Lovesac incurred shipping its furniture to […]
