February 25, 2019/SEC The Securities and Exchange Commission (the Commission) pursuant to its powers under Section 13 (w) of the Investments and Securities Act (ISA), 2007, on 6 February 2019 sealed up the business premises of Dantata Success & Profitable Company (DSPC), a company that had been engaging in illegal […]
Frauds & Scandals
SEC Charges Former Executive Officers for Their Roles in Corinthian College’s Disclosure Failures
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 […]
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 […]
