April 13, 2016/Vanguard By Nkiru Nnorom The Chartered Institute of Stockbrokers (CIS) has announced the suspension of Barrister Alex Ogbebor from all stock market activities for a period of six months over fraudulent practices. Ogbebor, is the CEO, Foresight Securities and Investment Limited, and not “Forthright Securities and Investment” as […]
Frauds & Scandals
Goldman Sachs to pay $5 billion in U.S. Justice Dept mortgage bond pact
Mon Apr 11, 2016/Reuters By Suzanne Barlyn Goldman Sachs Group Inc (GS.N) has agreed to pay $5.06 billion to settle claims that it misled mortgage bond investors during the financial crisis, the U.S. Department of Justice said on Monday. The settlement, which Goldman disclosed in January, stems from the firm’s […]
SEC Announces the Collection of 1,662 Share Certificates Recovered from ACML
April 8, 2016/SEC Culled—– Proshare This is to inform the Clients of Alliance Capital Management Ltd (ACML) that the Securities and Exchange Commission has in its custody 1,662 share certificates recovered from Alliance Capital Management Ltd. In view of the above, the Clients whose names appear in the attached lists are hereby advised to visit […]
