Tag: InvestAdvocate

Protecting minority shareholders

Recently, there were calls by some stakeholders in the Nigerian Capital Market for regulatory authorities to do more to protect minority shareholders. Simon Ejembi writes on some of the issues raised When the Nigerian Bottling Company Plc got voluntarily delisted from the Nigerian Capital Market in 2011, many people were […]

U.S. considering arrests in JPMorgan ‘whale’ case: sources

U.S. authorities are considering arresting two former JPMorgan Chase & Co employees for their alleged role in masking $6.2 billion “London Whale” losses, according to two people familiar with the situation. In the latest twist in a scandal that has tainted the reputation of the largest U.S. bank and led […]

SAC to Keep Managing Money While Facing Indictment

Federal prosecutors and the investment firm SAC Capital Advisors agreed on Thursday to a protective order that requires the firm to keep most of its money in its fund while operating under a criminal indictment, according to a person briefed on the case. The order serves a dual purpose, preserving […]