Frauds & Scandals

SEC Obtains Final Consent Judgments Against William Walters and Thomas Davis

30/4/2018/US SEC On April 17, 2018, the U.S. District Court for the Southern District of New York approved settlement agreements between the SEC and defendants William “Billy” Walters, whom the SEC charged with insider trading, and Thomas C. Davis, who tipped material nonpublic information to Walters. In its complaint, filed […]

SEC Charges Lawyer, Two Others in Microcap Fraud Schemes

30/4/2018/US SEC The Securities and Exchange Commission filed a civil injunctive action on April 25, 2018, against a lawyer and two other individuals relating to two microcap schemes involving undisclosed “blank check” companies. In separate, settled administrative proceedings, the SEC charged another individual and two public companies related to one […]

Catholic Bishops Conference of Nigeria, Condemns recent killings in Benue

Culled—Proshare 27/4/2018/Proshare WebTV The Catholic Bishops Conference of Nigeria have condemned the recent attack on a catholic Church, in Mbalom, Gwer L.G.A which claimed the lives of 2 priests and 11 parishioners members  This dastardly act perpetuated by suspected Killer herdsmen has elicited widespread reactions across the country.  The conference […]