February 22, 2019/US SEC The Securities and Exchange Commission today charged a former employee of a biotech company with insider trading on confidential information regarding the company’s withdrawal of certain products from consideration by the U.S. Food and Drug Administration (FDA). The former employee of Trinity Biotech plc, Joseph Frank […]
Frauds & Scandals
SEC Charges Broker-Dealer and Transfer Agent in Microcap Shell Factory Fraud
February 21, 2019/US SEC The Securities and Exchange Commission on Wednesday announced charges against a broker-dealer, a transfer agent, and three individuals for their roles in the creation of over a dozen undisclosed “blank check” companies from 2009 to 2014. In its complaint, the SEC alleges that broker-dealer Spartan Securities […]
Group Takes Agitations for Gwarzo’s Prosecution to Presidency
February 20, 2019/SEC As agitations by civil society groups on the fraud cases levelled against the suspended Director General of the Securities and Exchange Commission (SEC), Mounir Gwarzo, continued to gather momentum, another civil society group, the Concerned Industry Watchers, on Wednesday petitioned President Buhari that he should use his […]
