6/4/2018/InvestmentOne Report The Nigerian equities market closed the last trading session of the week on a bearish note, shedding 0.08%. Similarly, WTD closed down by -1.60%. Also, market breadth index ended negative with 17 stocks gaining against 24 stocks that declined. MAYBAKER (+9.59%) was the top gainer today while JAPAULOIL […]
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SEC Obtains Final Judgment Against Investment Adviser and His Companies for Defrauding Clients
April 7, 2018/US SEC On April 2, 2018, a federal district court in Washington, D.C. entered final judgments against a Georgia-based investment adviser, Ikenna “Ike” Ikokwu, and his companies Winning the Money Game with Ike, Inc., and Winning the Money Game, LLC, all of which the SEC charged with fraud. […]
SEC Obtains Emergency Freeze of $27 Million in Stock Sales of Purported Cryptocurrency Company Longfin
6/4/2018/US SEC The Securities and Exchange Commission has obtained a court order freezing more than $27 million in trading proceeds from allegedly illegal distributions and sales of restricted shares of Longfin Corp. stock involving the company, its CEO, and three other affiliated individuals. According to a complaint unsealed today in […]
