Alcohol producer Diageo plc, has been charged by the Securities and Exchange Commission (SEC) for violating antifraud provisions of Section 17(a)(2) and (3) of the Securities Act of 1933 and particular reporting provisions of the federal securities laws. Diageo’s lack of necessary disclosure of trending shipments and sales, has lead to a misleading idea of
A civil enforcement action was filed today in the U.S. District Court for the Eastern District of Missouri against Joshua Christian McDonald, and his company Perfection PR Firm LLC (PPR), by the Commodity Futures Trading Commission. McDonald’s company, out of California and Tennessee, was charged for an off-exchange foreign currency trading scheme of fraud and
As states’ 2020 legislative sessions continue to open, state legislators continue to file new college athletes name, image, and likeness bills similar to the bill that was passed in California last year. These laws would allow college athletes in the relevant states to be paid by third parties for the use of their names, images,
On February 13th, the Commodity Futures Trading Commission (CFTC) announced a filing and charges against Matthew R. White of M.W. Global Futures LLC (MWGF) for fraud. MWGF requested and obtained money from six pool participants, and then went on to use the funds in his personal bank and trading accounts. Only a small amount of
On February 11th, Q3 Holdings, LLC and Q3 I, LP and its principal, Michael Ackerman, were charged with over $33 million in a fraudulent digital asset scheme by the U.S. District Court of the Southern District of New York. The Commodity Futures Trading Commission (CFTC) made public the complaint, alleging that the defendants performed fraud
Alphabet Inc., Amazon.com, Inc., Apple, Inc., Facebook, Inc. and Microsoft Corp. were issued Special Orders from the Federal Trade Commission (FTC) demanding they make available information and documents on acquisitions unreported to antitrust agencies under the Hart-Scott-Rodino (HSR) Act. The order requests documents discussing terms, scope, structure and reason for transactions from these big name
Join Kennyhertz Perry Attorneys Jon Dedon and Benjamin Tompkins for their presentation Medical Marijuana Law In Missouri: A Comprehensive Overview of Medical Marijuana Legal Issues.
Cybercrime is currently on the rise, and is predicted to cost the world $6 trillion yearly by 2021. A Reader’s Digest’s article offers nineteen methods to avoid cyberattacks such as stolen money, lost productivity, restoration and the deletion of hacked data and systems. Unfortunately, there is no guaranteed protection from such acts. Braden Perry advises using
Magnify Money posted an article today discussing binary options, and how to simplify the understanding of them. In short, binary options are a form of options trading that comes with one of two payoff options: a fixed amount or none at all. They are a financial instrument based on the value of an underlying asset,
Arizona, California, Delaware, Illinois, Maryland, Massachusetts and New York has now approved and made available a credit card specifically for cannabis purchases at involved locations called a CNC Card (Columbia National Credit) . Columbia Care Inc. put in motion the card successfully in New York, and has now been launched in the other states mentioned
Kansas City is giddy about the success of its football team. Many artisans, designers, entrepreneurs, and other creative people are presenting a wide range of team, player, and “Big Game” merchandise for sale. However, as we expected, owners of various trademark and publicity rights are aggressively increasing their enforcement efforts. Regardless of one’s intention to
Jeffrey and Paulette Carpoff, out of California, were charged by the Securities and Exchange Commission(SEC) for organizing an almost billion-dollar Ponzi scheme including alternative energy tax credits. The couple raised an estimated amount of $910 million from seventeen investors, over the years of 2011-2018 as stated by the SEC’s complaint. Through the couple’s two solar
