June 7, 2019/US SEC The Securities and Exchange Commission today announced a settlement with the Town of Oyster Bay, New York. In November 2017, the SEC charged Oyster Bay and the former Oyster Bay supervisor John Venditto with defrauding investors in Oyster Bay’s municipal securities offerings by hiding the existence […]

June 6, 2019/US SEC The Securities and Exchange Commission sued Kik Interactive Inc. for conducting an illegal $100 million securities offering of digital tokens.  The SEC charges that Kik sold the tokens to U.S. investors without registering their offer and sale as required by the U.S. securities laws. As alleged […]

June 6, 2019/Cowry Asset On Monday, June 3, 2019, three Days after the Securities and Exchange Commission (“SEC”) slammed penalties against the Oando plc (hereafter “Oando” or “the Company”), the Federal High Court of Lagos, following a suit filed by Oando against the SEC, conferred an interlocutory injunction on the […]