In Your Interest
30/4/2018/US SEC The Securities and Exchange Commission today announced that Japan-based Panasonic Corp. will pay more than $143 million to resolve charges of Foreign Corrupt Practices Act (FCPA) and accounting fraud violations involving its global avionics business. According to the SEC’s order, Panasonic’s U.S. subsidiary, Panasonic Avionics Corp. (PAC), a […]
30/4/2018/US SEC The Securities and Exchange Commission announced that it has obtained a final judgment in a fraud case against a promoter of a pyramid scheme targeting Latino communities. The final judgment, entered on April 27, 2018 by a federal district court in Boston, Massachusetts, permanently enjoins Randy Crosby from […]
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 […]