The co-founder of business automation startup Skael has been accused of illegally inflating its revenues. Baba Nadimpalli, who had also been the CEO of the...
Four lawmakers sent letters to the heads of financial regulators, asking for information about the development of the Securities and Exchange Commission’s (SEC) Staff Accounting...
The Securities and Exchange Commission (SEC) said Macquarie Investment Management Business Trust (MIMBT) will pay $79.8 million to settle fraud charges. The regulator charged the...
Cryptocurrency trading platform eToro has agreed to pay a $1.5 million government settlement. As the U.S. Securities and Exchange Commission (SEC) announced Thursday (Sept. 12), the settlement stems from...
Where there is smoke, there tends to be fire. But where there exists the repeated appearance of deficiencies in the audit process of a business,...
Discount retailer Big Lots has declared bankruptcy and sold itself to an investment firm. The company announced Monday (Sept. 9) that it had entered voluntary Chapter 11 proceedings in...
The Securities and Exchange Commission (SEC) has charged six credit rating agencies with “significant” recordkeeping failures in maintaining and preserving electronic communications. The firms have agreed...
A federal court has fined Nigerian businessman Dozy Mmobuosi $250 million following a fraud investigation. The court order — issued last week and the subject...
Cryptocurrency marketplace OpenSea could be the target of a regulatory investigation. Devin Finzer, the company’s CEO, posted on social platform X Wednesday (Aug. 28) that...