February 12, 2019/US SEC A federal district court has permanently barred two former corporate officers of a North Carolina-based hygiene and sanitation company from serving as officers or directors of public companies. The Securities and Exchange Commission charged the two officers of Swisher Hygiene, Inc., Michael J. Kipp, Swisher’s former […]
Frauds & Scandals
Legal battle for control of Djibouti Ports comes to Hong Kong
February 12, 2019/-Factswire News Agency One of the world’s largest port operators has sued a Chinese state enterprise in Hong Kong over infringement of its exclusive port agreement with a strategically located African nation, in the city’s first court case involving China’s Belt and Road Initiative. FactWire (www.FactWire.org) has obtained […]
SEC Charges Former Executives of Plastics Manufacturer with Fraud
February 12, 2019/US SEC On February 12, 2019, the Securities and Exchange Commission charged two former high-ranking executives of an Indiana-based plastics manufacturer with concealing from potential buyers of the manufacturer the fact that the company’s core business model was a sham. According to the SEC’s complaint, Lucent Polymers, Inc. […]
