Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF continues its investigation into Inovio Pharmaceuticals Inc. (NasdaqGS: INO).
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Inovio Pharmaceuticals Inc. (NasdaqGS: INO).
Recent unrest in US financial markets has again raised the question of how much and to what degree stocks and cryptocurrencies should be regulated, although the point.
Exxon slides 6% after SEC launches investigation into the oil giant s asset valuations
Emily GraffeoJan 15, 2021, 22:48 IST
Kena Betancur/VIEWpress/Corbis via Getty Images
Exxon Mobil tumbled as much as 6%, to $47.29, on Friday following a report from the Wall Street Journal that the SEC launched an investigation into the oil giant regarding its valuations of one of its most important oil and gas properties.
People involved in valuing the property complained that employees were forced to use unrealistic assumptions about how quickly Exxon could drill wells there to arrive at a higher value, the Journal reported.
The investigation comes after Exxon s stock suffered its worst annual performance in 40 years in 2020 as oil prices collapsed.