July 19, 2018/US SEC On July 18, 2018, the Securities and Exchange Commission filed charges against two officers of Oakridge Global Energy Solutions, Inc., a now defunct Florida-based company that purported to develop and manufacture lithium batteries, for issuing false and misleading press releases to the public. The SEC’s complaint, […]
Frauds & Scandals
Google fined a record $5 billion by the EU for Android antitrust violations
Google required to stop ‘illegally tying’ Chrome and search apps to Android 18/7/2018/The Verge By Tom Warren Google has been hit with a record-breaking €4.3 billion ($5 billion) fine by EU regulators for breaking antitrust laws. The European Commission says Google has abused its Android market dominance in three key […]
SEC Charges Investment Adviser and CEO with Misleading Retail Investors
July 18, 2018/US SEC The Securities and Exchange Commission today charged a Connecticut investment advisory firm and its chief executive officer with putting $19 million of investor money, including elderly investors’ retirement savings and pension plans, in risky investments and secretly pocketing hefty commissions from those investments. The SEC’s complaint […]
