March 21, 2018/NBC News by Jason Abbruzzese Days after reports that a data analysis firm used by the Donald Trump presidential campaign surreptitiously acquired and used Facebook data from 50 million people, Facebook CEO Mark Zuckerberg acknowledged for the first time Wednesday that his company was partially to blame. He […]
Frauds & Scandals
SEC Obtains Preliminary Injunction Against Purported Hedge Fund Manager Charged with Conducting an Ongoing Fraud
March 21, 2018/US SEC Litigation Release No. 24071 / March 21, 2018 Securities and Exchange Commission v. Nicholas J. Genovese, Willow Creek Investments, LP, and Willow Creek Advisors, LLC, No. 18-cv-942 (S.D.N.Y. filed Feb. 2, 2018) The Securities and Exchange Commission has obtained a preliminary injunction and continued asset freeze […]
Mark Zuckerberg ‘prepares to break silence’ on Cambridge Analytica scandal
Company’s founder has faced mounting pressure – including from elected officials – to speak March 21, 2018/Independent Jeremy B White Facebook CEO Mark Zuckerberg was expected to break his public silence on a controversy over user data that has engulfed his company in recent days. The embattled social media platform has […]
