By InvestAdvocate Lagos (INVESTADVOCATE)-Fidelity Bank Plc on Monday said its pretax profit for the period ended December 31, 2017 grew 83.5 percent to N20.30 billion from N11.06 billion recorded a year ago. Post tax profit of the bank increased 93.7 percent to N18.85 billion from N9.73 billion posted in the […]
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Court Enters Final Judgment Against Microcap Executive and Co-Defendant Involved in Fraudulent Scheme
30/4/2018/US SEC The Securities and Exchange Commission announced that on April 30, 2018, 2018, the U.S. District Court for the District of Massachusetts entered a default judgment in an ongoing enforcement action against Christopher R. Esposito, the owner and Managing Director of Lionshare Ventures, LLC (Lionshare), in a case […]
Panasonic Charged With FCPA and Accounting Fraud Violations
30/4/2018/US SEC The Securities and Exchange Commission today announced that Japan-based Panasonic Corp. will pay more than $143 million to resolve charges of Foreign Corrupt Practices Act (FCPA) and accounting fraud violations involving its global avionics business. According to the SEC’s order, Panasonic’s U.S. subsidiary, Panasonic Avionics Corp. (PAC), a […]
