June 23, 2019/SEC A group of stakeholders in the capital market, Consolidated Capital Market Stakeholders Forum (CCMSF), has stated that the Securities and Exchange Commission, SEC followed due process in the suspension of the Directors Of Oando Plc. The Group in a statement signed by Umar Usman, urged the Oando […]
Frauds & Scandals
As SEC, Oando Begin Legal Fireworks
June 23, 2019/SEC Justice Ayokunle Faji of the Federal High Court in Lagos will on Monday, June 24, 2019, begin hearing of arguments between the lawyers of sacked Group Managing Director of Oando Plc, Jubril Adewale Tinubu and his long time deputy, Omamofe Boyo and the Securities and Exchange Commission […]
SEC Obtains Judgment Against Ponzi Scheme Operator
June 22, 2019/US SEC On June 13, 2019, the U.S. District Court for the Eastern District of Virginia entered a default final judgment against a Virginia investment adviser firm and a settled final judgment against its sole owner, who were previously charged by the SEC with operating a nearly $5 […]
