September 21, 2018/US SEC The Securities and Exchange Commission has settled its action against all six defendants sued in connection with a scheme to defraud investors in Gerova Financial Group Ltd., whose shares once traded on the New York Stock Exchange. On September 24, 2015, the SEC filed a civil […]
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Nigerian Stocks Last Trading Session Up 0.18% on Buy Pressure, W-t-D Performance Rise 0.66%
September 21, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday closed the last trading session of the week positive, gaining 0.18 percent on buy pressure, as week-to-date (WTD) performance surged by 0.66 percent. InvestmentOne reports that market breadth index was positive with 23 gainers compared to 15 stocks […]
SEC Charges Investment Adviser and Senior Officers with Defrauding Clients
20/9/2018/US SEC The Securities and Exchange Commission filed a complaint today in U.S. District Court for the W.D. Louisiana against Lafayette, Louisiana-based World Tree Financial, LLC and its majority-owner and co-founder, Wesley Kyle Perkins, for operating a cherry-picking scheme that defrauded World Tree clients. The complaint alleges that for more […]
