securities & fraud

Titanium Blockchain CEO Pleads Guilty in $21M Crypto Fraud Case
Titanium Blockchain CEO Pleads Guilty in $21M Crypto Fraud Case
July 25, 2022  |  Legal

Titanium Blockchain Infrastructure’s (TBIS) CEO, Michael Alan Stollery, pleaded guilty Friday (July 22) for his role in a crypto fraud scheme in which he used...

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Goldman Sachs Denied Dismissal Of Class-Action Lawsuit Over Subprime Mortgages
Goldman Sachs Denied Dismissal Of Class-Action Lawsuit Over Subprime Mortgages
April 07, 2020  |  Legal

A Manhattan court denied Goldman Sachs Group’s appeal to dismiss a class-action lawsuit that accuses the investment bank of hiding information when it created subprime...

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Metro Bank Hit By More Fraud Probes
Metro Bank Hit By More Fraud Probes
May 31, 2019  |  B2B Payments

Two U.S. law firms have launched investigations into the U.K.’s Metro Bank on behalf of investors concerned that the institution committed securities fraud. Reports in...

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Shares In Jumia Technologies Tumble After Q1 Results
Shares In Jumia Technologies Tumble After Q1 Results
May 13, 2019  |  Investments

Shares in African eCommerce company Jumia Technologies took a dive on Monday (May 13) after Q1 losses were reported to be bigger than the year...

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Jumia’s Shares Slide On Fraud Claims By Short Seller
Jumia’s Shares Slide On Fraud Claims By Short Seller
May 10, 2019  |  Investments

Following a claim of fraud by a short seller, shares in eCommerce firm Jumia fell by almost 25 percent by midday New York time on...

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Federal Reserve Rejects Wells Fargo’s Reform Plan
Federal Reserve Rejects Wells Fargo’s Reform Plan
December 07, 2018  |  Bank Regulation

The Federal Reserve sent Wells Fargo & Co. back to the drawing table with its plan to prevent consumer abuses in the future obligation of...

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Case In Musk? SEC Getting Tougher With Execs
Case In Musk? SEC Getting Tougher With Execs
September 30, 2018  |  Regulation

Securities law experts say that the U.S. Securities and Exchange Commission’s recent settlement with Tesla’s Elon Musk is proof that the agency is getting tougher...

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Bitcoin Daily: FINRA Files First Crypto Disciplinary Action; Paris Soccer Team Plans ‘Fan Token Offering’
Bitcoin Daily: FINRA Files First Crypto Disciplinary Action; Paris Soccer Team Plans ‘Fan Token Offering’
September 12, 2018  |  Bitcoin

Blockchain payment network GRAFT has reached a “critical milestone”: the group said that it has received an end-to-end transaction that took under 2 seconds on...

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State Street Corp. Ex-EVP Accused Of Wire Fraud
State Street Corp. Ex-EVP Accused Of Wire Fraud
June 05, 2018  |  Legal

A former executive at State Street Corp. is set to stand trial for allegedly defrauding the bank’s clients by charging them secret commissions on billions...

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