Culled–Proshare 6/11/2018/By Proshare News & Investigations The latest decision by the Securities & Exchange Commission (SEC) on the issues relating to NEM Insurance Plc’s (NEM) 48th Annual General Meeting (AGM) held on Wednesday, 20 June 2018, at the Premier Hotel, Ibadan, Oyo State (Re: SEC Invalidates NEM Insurance Plc’s 48th […]
Frauds & Scandals
SEC Invalidates NEM Insurance Plc’s 48th AGM and Resolutions; Orders Firm to Reconvene Proper AGM
Culled—Proshare 6/11/2018/Proshare Research The Securities and Exchange Commission (SEC) has ordered NEM Insurance Plc (NEM) to reconvene the 48th Annual General Meeting of the company held in Ibadan on June 20, 2018. This directive followed a thorough investigation by the commission due to complaints received from the aggrieved shareholders of […]
SEC Charges Businessman and Lawyer in Fraudulent Eb-5 Scheme
6/11/2018/US SEC The Securities and Exchange Commission charged a businessman and a California-based attorney with defrauding investors seeking to participate in the EB-5 immigrant investor program, stealing their money to fund personal expenses. The SEC’s complaint alleges that Robert A. Ferrante and attorney Marilyn R. Thomassen participated in a fraudulent […]
