|
TOP NEWS
POLICY & REGULATION
ENFORCEMENT & COMPLIANCE
SEC Says PPE Distributor Fabricated Pandemic-Era Deal
By Sydney Price
The U.S. Securities and Exchange Commission filed a suit Monday accusing the CEO and consultant of a consumer goods company of artificially inflating the company's share price by nearly 200% by disseminating a false press release touting $10 million in orders for health supplies at the beginning of the COVID-19 pandemic.
Complaint attached |
Read full article »
| Save to favorites »
LITIGATION
Zynex Faces Securities Suit Following Arrest Of Former Execs
By Katryna Perera
After being arrested last month on charges of securities fraud and conspiracy, the former CEO and ex-chief compliance officer of bankrupt medical device maker Zynex have been hit with a securities class action that alleges they and others caused the company to engage in fraudulent billing practices that inflated its stock price and led to investor losses once the truth came to light.
Complaint attached |
Read full article »
| Save to favorites »
DEALS
EXPERT ANALYSIS
LEGAL INDUSTRY
ICE Atty Whistleblower Rips 'Broken' Agent Training Program
By Dorothy Atkins
An ex-U.S. Immigration and Customs Enforcement attorney testified before a Senate committee Monday that he recently resigned so he could blow the whistle on ICE-officer training cuts amid its hiring surge, slamming the truncated program for being "deficient, defective and broken" and accusing supervisors of secretly pushing "blatantly" unconstitutional orders.
Memorandum attached |
Read full article »
| Save to favorites »
|