February 25, 2019/US SEC The Securities and Exchange Commission announced the filing of a settled civil injunctive action against two former executives of Corinthian Colleges, Inc., for their roles in Corinthian’s failure to disclose material risks related to the company’s primary source of revenue. Corinthian, which has ceased operations, was […]
Frauds & Scandals
SEC Obtains Final Judgments Against Former Law Partner and His Neighbor Charged with Insider Trading
February 22, 2019/US SEC On February 14, 2019 and February 22, 2019, respectively, a federal district court entered final consent judgments against a former law firm partner and his neighbor, who were charged with making more than $1 million in illicit profits by insider trading around corporate announcements. The SEC’s […]
SEC Obtains Final Judgments Against Former CEO and Former CFO of General Cable Corp. Operating Segment
February 22, 2019/US SEC On February 20, 2019, the Honorable Joan A. Lenard of the U.S. District Court for the Southern District of Florida entered final judgments on consent against Mathias Francisco Sandoval Herrera and Maria D. Cidre, the former Chief Executive Officer and former Chief Financial Officer, respectively, of the […]
