August 1, 2024/Dangote Group Students across tertiary institutions in the country under the aegis of National Association of Nigerian Students (NANS) have passed a vote of confidence on the Dangote Refinery describing the recent demarketing of the world’s largest single train refinery by the Nigeria National Petroleum Corporation Limited (NNPCL) […]
Frauds & Scandals
SEC Charges California Holding Company and its Organizer in Alleged Ponzi Scheme
July 31, 2024/US SEC The Securities and Exchange Commission today charged South Bay Acquisitions, LLC (“South Bay”) and its principal, John N. Matson of San Diego, California, with defrauding five investors, including some of his former brokerage customers. According to the SEC’s complaint, between January 2012 and September 2021, Matson […]
SEC Charges Florida Resident with Insider Trading
July 30, 2024/US SEC The Securities and Exchange Commission today charged Palm Beach County resident Charles Baugh with violations of the anti-fraud provisions of the federal securities laws in connection with his trading in the securities of ADT, Inc. ahead of an announcement that the company had agreed to enter […]
