28/8/2018/US SEC The Securities and Exchange Commission today announced that Moody’s Investors Service Inc., one of the nation’s largest credit ratings agencies, has agreed to pay a total of $16.25 million in penalties to settle charges involving internal control failures and failing to clearly define and consistently apply credit […]
Frauds & Scandals
SEC Charges NFL Player and Former Investment Banker With Insider Trading
August 29, 2018/US SEC The Securities and Exchange Commission today charged a professional football player and a former investment banker with insider trading in advance of corporate acquisitions facilitated through coded text messages and FaceTime conversations. The SEC alleges that after meeting at a party, Mychal Kendricks began receiving illegal […]
SEC Charges Former Pharma Executive and Others with Insider Trading
August 24, 2018/US SEC The Securities and Exchange Commission today charged a former Sangamo BioSciences Inc. executive and others with participating in a scheme that generated $1.5 million of illegal profits on insider trading ahead of the announcement of a licensing agreement between Sangamo and Biogen Idec Inc., another large […]
