VW Agrees to $10b Class Action Settlement
Volkswagen AG agrees to pay more than $10 billion to settle class action claims brought on behalf of owners of its cars regarding the...
Merrill Lynch Pays $415m and Admits to Misusing Customers' Cash and Securities
Merrill Lynch will pay $415 million and admit to wrongdoing to settle SEC charges that it violated the SEC’s Customer Protection Rule by...
SEC Targets Ponzi-Scheme De-frauding Professional Athletes
The Securities and Exchange Commission obtained a court order freezing the assets of an investment advisor, Ash Narayan, The Ticket...
Feds Bust Fake OSHA Scam
The Federal Trade Commission charged Sean K. Juhl and his company, D&S Marketing Solutions LLC, also doing business as US Corporate...
SEC Rewards Whistleblower with $17M
The Securities and Exchange Commission awarded a whistleblower, who was a former company employee, more than $17 million, the...
SEC Charges Advisor with Steering Clients into his Own Companies
The Securities and Exchange Commission charged an investment adviser, Richard W. Davis Jr., with defrauding investors by steering them...
PETA Accuses Retailers of Using Down Plucked from Live Geese
A PETA investigation in China uncovered the plucking of feathers from live geese to be used for down sourced to major US retailers,...
Delaware Court Appraises Dell Stock at 22% more than Deal Price
The Delaware Chancery Court found that certain stockholders of Dell, who sought appraisal of the fair value of their shares following the...
SEC Charges Banker and Plumber with Insider Trading
After uncovering an illicit trading pattern, the Securities and Exchange Commission charged an investment banker and his close friend, a...
Student Loan Scammers Busted
The FTC and the State of Florida filed lawsuits against two student loan debt relief schemes — Consumer Assistance Project and Student...
