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The Securities and Exchange Commission today announced settled charges against technology company NVIDIA Corporation for inadequate disclosures concerning the impact of cryptomining on the company’s gaming business. The SEC’s order finds that, during… Have a securities law question? Call New York Securities Lawyers at 212-509-6544. The Securities and Exchange Commission today announced fraud charges against MCC International Corp. (MCC), which does business as Mining Capital Coin Corp., its founders Luiz Carlos Capuci, Jr. (aka Junior Caputti or Capuci) and Emerson Souza Pires (… Have a securities law question? Call New York Securities Lawyers at 212-509-6544. The Securities and Exchange Commission today announced fraud charges against Synergy Settlement Services, Inc., CEO Jason D. Lazarus, Esq., both based in Orlando, FL, and President Anthony F. Prieto, Jr. of Tampa, FL, for allegedly defrauding individuals… Have a securities law question? Call New York Securities Lawyers at 212-509-6544. The Securities and Exchange Commission today announced the allocation of 20 additional positions to the unit responsible for protecting investors in crypto markets and from cyber-related threats. The newly renamed Crypto Assets and Cyber Unit (formerly… Have a securities law question? Call New York Securities Lawyers at 212-509-6544. The Securities and Exchange Commission today charged publicly-traded asset manager Medley Management and its former co-CEOs, Brook B. Taube and Seth B. Taube, with making misrepresentations to investors and clients that created the illusion of Medley’s… Have a securities law question? Call New York Securities Lawyers at 212-509-6544. The Securities and Exchange Commission today announced that it updated its list of unregistered entities that use misleading information to solicit primarily non-U.S. investors, adding 58 soliciting entities, 11 impersonators of genuine firms, and one… Have a securities law question? Call New York Securities Lawyers at 212-509-6544. The Securities and Exchange Commission today announced charges against Fernando Passos, the former executive vice president of finance and investor relations of Brazilian reinsurance company IRB Brasil Resseguros S.A., for allegedly planting a false… Have a securities law question? Call New York Securities Lawyers at 212-509-6544. After years of appealing the arbitrators’ decision, UBS finally pays. The appeals of the original arbitration award increased the amount UBS had to pay by a reported $3 million. According to AdvisorHub, in his arbitration complaint filed in June 2018, the compliance officer alleged UBS defamed him on his U5 termination filing, which accused him of failing to supervise employees executing uncovered options strategy in accounts and of giving “varied responses” during the firm’s review of his activities. Musk’s offer to buy Twitter is obviously creating a stir, and the conspiracy theorists are at it again. It is so bad, my office is getting calls about it. Just today we received a call from a shareholder who wants to sue the Twitter Board of Directors for not accepting the $54 a share offer. He told me that they are not taking the offer because “they do not want to lose their jobs.” This is the level of sophistication that is underlying this “controversy.” The Board is not approving the transaction because they don’t want to lose their jobs. Really? Let’s take a look at who is on that board:
Of course, each of them could “lose their job” by not being re-elected to the Board, but this list looks like a bunch of millionaires to me, and a group that is not living on the compensation from the Twitter Board of Directors. Next up, the Board is not approving the buyout because they are worried about all of the information Musk will find when he takes over. That of course assumes there is dirt to find, that Musk could find such dirt and that Musk and a new Board would reveal that “dirt” and trash the stock price. Sort of like the comments that Musk’s attempted take over is not “hostile” because he is being very polite about it. The Securities and Exchange Commission today announced charges and an asset freeze against several Las Vegas-area individuals and companies allegedly behind a nearly half-billion dollar Ponzi scheme involving purported personal injury settlements. The… Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
Tag Archives: securities lawyer
SEC Charges NVIDIA Corporation with Inadequate Disclosures about Impact of Cryptomining
SEC Halts Fraudulent Cryptomining and Trading Scheme
SEC Charges CEO and President of Synergy Settlement Services with Fraudulent Operation of Special Needs Pooled Trusts
SEC Nearly Doubles Size of Enforcement’s Crypto Assets and Cyber Unit
Medley Management and Former Co-CEOs to Pay $10 Million Penalty for Misleading Investors and Clients
SEC Updates List of Firms Using Inaccurate Information to Solicit Investors
SEC Charges Senior Executive of Brazilian Company with Fraud
UBS Pays $14.1 Million Defamation Award to Compliance Officer
Termination for “varied responses” is apparently the new UBS excuse for an unwarranted termination. They “interview” the target on multiple occasions, and when the responses aren’t identical, they terminate the target for giving “varied responses.”
Not a good look for a major brokerage firm.
Our original post on the case – https://www.seclaw.com/ubs-keeps-losing-its-attempt-to-vacate-11-mln-finra-award/
Sallah Astarita & Cox, LLC is a national securities law firm which represents advisors in their employent disputes with their brokerage firms. To learn more, call them at 212-509-6544.
Twitter Board Fears Losing Their Job?
Twitter Board of Directors
Next Conspiracy Theory?
SEC Obtains TRO and Asset Freeze against Alleged Perpetrators of nearly $450 Million Ponzi Scheme