…Says even ordinary Nigeria Vice-President’s residence takes 14 years to complete. June 8, 2024/Dangote Group The Senate leadership yesterday described the 650,000bpd Dangote Petroleum Refinery as the 9th wonder of the world but came hard on those who are skeptical of the completion of Dangote Petroleum Refinery describing them as […]
Frauds & Scandals
SEC Charges Three New Yorkers for Raising More Than $184 Million Through Pre-IPO Fraud Schemes
After Commission shut down original ploy, defendants started another one June 7, 2024/US SEC The Securities and Exchange Commission today charged three individuals with fraud for selling unregistered membership interests in LLCs that purported to invest in shares of pre-IPO companies, first on behalf of StraightPath Venture Partners LLC, the […]
SEC Charges Former Lumentum Executive with Insider Trading
June 4, 2024/US SEC On June 3, 2024, the Securities and Exchange Commission filed insider trading charges against Andre Wong for unlawfully trading the securities of NeoPhotonics Corporation (“NeoPhotonics”) ahead of an announcement that his then-employer, Lumentum Holdings Inc. (“Lumentum”), had agreed to acquire NeoPhotonics. According to the SEC’s complaint, […]
