September 28, 2018/US SEC The Securities and Exchange Commission today charged a San Diego company, its president, and his business partner with running a multimillion dollar Ponzi scheme that defrauded hundreds of individual investors. According to the SEC’s complaint, Jonny Ngo and Donato “Mick” Baca, Jr., raised more than $61 […]
Frauds & Scandals
SEC Charges Stryker A Second Time for FCPA Violations
September 28, 2018/US SEC The Securities and Exchange Commission today charged Stryker Corp. with violating the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act (FCPA), the second time the SEC has brought an FCPA action against the Michigan-based medical device company. Stryker agreed to […]
SEC Charges Walgreens and Two Former Executives With Misleading Investors About Forecasted Earnings Goal
September 28, 2018/US SEC The Securities and Exchange Commission today charged Walgreens Boots Alliance Inc., former CEO Gregory Wasson, and former CFO Wade Miquelon with misleading investors about increased risk that the company would miss a key financial goal announced when Walgreen Co. entered into a merger with Alliance Boots […]
