In Your Interest
During the debarment period, China Henan International Cooperation Group Company Limited and specified affiliates will be ineligible to participate in Bank Group-financed activities March 29, 2024/AfDB The African Development Bank Group, on 28 March 2024, announces the conclusion of a negotiated settlement agreement with China Henan International Cooperation Group Company […]
March 27, 2024/US SEC On February 20, 2024, the Securities and Exchange Commission (“SEC”) obtained a final judgment against Christian Fernandez, who the SEC previously charged for his involvement in a fraudulent scheme to promote the securities of issuers that were conducting (or purporting to conduct) offerings pursuant to Regulation […]
March 22, 2024/US SEC The Securities and Exchange Commission announced settled fraud charges against Stephen Scott Burns, former Chairman and CEO of bankrupt automaker Lordstown Motors Corp., for misleading investors about “pre-orders” for Lordstown’s flagship electric pickup truck called Endurance. According to the SEC’s complaint, Burns made misleading statements about […]