Frauds & Scandals

US SEC Bars Lawyer Who Committed Fraud

Culled—-Proshare Click here to download full PDF Copy of SEC order July 20, 2017/Mondo The Securities and Exchange Commission today barred a New York-based attorney from appearing or practicing before it and acting as an officer or director of a public company after finding that he made false and misleading […]

SEC Investigation: Oando Says Claims Unsubstantiated, Misleading and Defamatory

By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Oando Plc said on Friday that the company  understands that the Secuurities and Exchange Commission (SEC) is in receipt of correspondence containing (in their opinion) unsubstantiated, misleading and defamatory claims with respect to various matters that had already received board, shareholder and where required […]

SEC Investigating Oando Plc

Culled—Proshare July 14, 2017/Cardinal Stone Research According to media reports, the Securities and Exchange Commission (SEC) is investigating Oando Plc (“the company”) over alleged malpractices in its financial statements and has sent a formal letter to the company as it examines if any regulations have been breached. The investigation kicked-off […]