Investors Bite

United Capital introduces new version of InvestNow to deepen Nigeria’s financial market

Culled—Proshare 27/9/2018/Proshare WebTV  As part of its commitment to creating value in the Nigerian financial market, United Capital a leading investment banking group today announced a redesigned version of its online investment portfolio management trading platform “InvestNow”.  This is in line with the expansion of the scope and perspective of […]

Petrobras Reaches Settlement With SEC for Misleading Investors

September 28, 2019/US SEC The Securities and Exchange Commission today charged Brazilian oil-and-gas company Petróleo Brasileiro S.A. with misleading U.S. investors by filing false financial statements that concealed a massive bribery and bid-rigging scheme at the company.  The U.S. Department of Justice also announced today a non-prosecution agreement with Petrobras. […]

SEC Obtains Permanent Injunction Against CEO in Penny Stock Fraud Scheme

September 27, 2018/US SEC The Securities and Exchange Commission has obtained a final judgment against the former CEO of a penny stock company, whom the SEC charged with making false and misleading statements in the company’s SEC filings and press releases and with manipulating the company’s stock. The SEC alleged […]