September 28, 2018/US SEC A former Vice President at Ocwen Financial Corporation has agreed to settle charges that he engaged in insider trading surrounding three separate events based on material nonpublic information obtained through his employment. The SEC’s complaint alleges that Bryan R. Ziegenfuse, the former Vice President of Servicing […]
Frauds & Scandals
Brokerage Firm to Exit Penny Stock Deposit Business and Pay Penalty for Repeatedly Failing to Report Suspicious Trading
September 28, 2018/US SEC The Securities and Exchange Commission today announced settled charges against clearing firm COR Clearing LLC for failing to report suspicious sales of penny stock shares totaling millions of dollars. As part of the settlement, COR has agreed to exit a key penny stock clearing business by […]
Facebook security breach allowed hackers to control the accounts of up to 50 million users
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 […]
