Facebook discovered a security issue that allowed hackers to access information that could have let them take over around 50 million accounts, the company announced on Friday. Following the disclosure, shares of Facebook extended midday losses and ended trading 2.5 percent down.. September 28, 2018/CNBC Michelle Castillo | @mishcastillo […]
Frauds & Scandals
Credit Suisse Agrees to Pay $10 Million to Settle Charges Related to Handling of Retail Customer Orders
September 28, 2018/US SEC The Securities and Exchange Commission today announced that Credit Suisse Securities (USA) LLC has agreed to settle charges brought by the SEC and the Office of the New York Attorney General regarding material misrepresentations and omissions made in connection with its now-closed Retail Execution Services (RES) […]
SEC Charges Company Insider with Multiple Frauds
September 28, 2018/US SEC The Securities and Exchange Commission today charged Thomas Carter Ronk with fraud in connection with multiple alleged schemes to peddle securities to investors and manipulate the market. The SEC charged Ronk with disseminating false and misleading information in connection with unregistered offerings of securities in two […]
