One company, Unisys Corp., also charged with controls violations October 22, 2024/US SEC The Securities and Exchange Commission today charged four current and former public companies – Unisys Corp., Avaya Holdings Corp., Check Point Software Technologies Ltd, and Mimecast Limited – with making materially misleading disclosures regarding cybersecurity risks and […]
Frauds & Scandals
SEC Charges Advisory Firm WisdomTree with Failing to Adhere to Its Own Investment Criteria For ESG-Marketed Funds
Firm misstated that funds did not invest in companies involved in fossil fuels and tobacco October 21, 2024/US SEC The Securities and Exchange Commission today charged New York-based investment adviser WisdomTree Asset Management Inc. with making misstatements and for compliance failures relating to the execution of an investment strategy that […]
SEC Obtains Judgments Against Defendants in a Fraudulent Microcap Manipulation Scheme
October 18, 2024/US SEC The Securities and Exchange Commission announced today that, on October 17, 2024, the U.S. District Court for the District of Massachusetts entered final judgments against California resident Brian Quinn and New York resident David Skriloff in an SEC case alleging that they participated in a fraudulent […]