AT&T and Verizon were penalized millions of dollars for what the agency said was a failure to protect consumer information. The companies say they were deprived of their right to a jury trial.
Category: Securities and Commodities Violations
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Supreme Court Reviews F.C.C.’s Enforcement Power Against Communications Companies
The New York Times – Business: -
John E. Olson, Analyst Fired for Enron Skepticism, Dies at 83
An adviser at Merrill Lynch, he refused to recommend the energy trading company. His employer pushed him out, but his stand made him a hero.
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U.S. Fraud Case Against Indian Tycoon Adani at a Standstill
The case against Gautam Adani, the infrastructure titan and a close associate of Prime Minister Narendra Modi, has stalled with no sign of progress.
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Brash Investor in Global Soccer Clubs Is Charged With Fraud
Josh Wander, a Miami businessman, drew scrutiny after buying soccer teams on three continents through 777 Partners, which collapsed after facing spiraling accusations of wrongdoing.
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Denver Pastor and Wife Face Charges in ‘God-Inspired’ Cryptocurrency Scheme
The pastor, Eligio Regalado, and his wife, Kaitlyn Regalado, spent more than $1 million of investor funds on home renovations, plane tickets and au pair services, prosecutors said.
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Wall Street’s New Obsession (and Dilemma): Tokenizing Companies
Robinhood is the latest to offer investors a novel, and potentially risky, investment opportunity: crypto that’s meant to give exposure to the likes of OpenAI.
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S.E.C. Drops Lawsuit Against Binance, a Crypto Exchange
The dismissal of charges against Binance and its founder, Changpeng Zhao, is the Trump administration’s latest pullback in cryptocurrency enforcement.
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S.E.C. Investigating Whether Coinbase Misstated Its User Numbers
The inquiry continued even after the commission dropped a lawsuit accusing Coinbase of illegally marketing digital currencies to the public.
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A New, Full-Bodied Fraud Comes in a Whisky Barrel
Small investors in Britain and Ireland have fallen prey to companies selling casks that turn out to be untraceable or nonexistent.
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Whiskey Fraud Strikes Britain and Ireland
Small investors in Britain and Ireland have fallen prey to companies selling casks that turn out to be untraceable or nonexistent.
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Warren Urges S.E.C. to Investigate Trading Around Trump’s Tariff Pause
The president told his social media followers it was a “GREAT TIME TO BUY” hours before announcing a reversal on tariffs that sent markets soaring.
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Trump’s Encouragement of Stock Investors Draws Scrutiny
Was the president manipulating the market with his comments, as his critics say, or reassuring Americans, as the White House maintains?