March 12, 2019/US SEC The Securities and Exchange Commission today announced charges against Lumber Liquidators Holdings Inc. for making fraudulent misstatements to investors. The charges stem from Lumber Liquidators’ false public statements in response to media allegations that the company was selling laminate flooring that contained levels of formaldehyde exceeding […]
Frauds & Scandals
NSE Says Visionscape N4.85 Billion Bond Listed
March 12, 2019/NSE The attention of The Nigerian Stock Exchange (The Exchange) has been drawn to certain media publications with respect to the Lagos State Government’s N4.85 Billion, 15.75% Series 1, Tranche B, Environmental Note (Municipality Note) and the alleged default in repayment of the coupon and principal on the […]
SEC Notifies Public on Default in Repayment of Visionscape Bond
Credit Photo: Visionscape March 8, 2019/SEC The attention of the Commission has been drawn to news media publications regarding the default in repayment on Visionscape Bond and the Commission’s role in the transaction. The Bond under reference was issued by Municipality Waste Management Contractors Limited, a private company promoted by […]
