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SEC warns vs crypto, crowdfunding, franchising scams

SEC warns vs crypto, crowdfunding, franchising scams
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SWI ACTION: Pawar Law Group Announces a Securities Class Action Lawsuit Against SolarWinds

INVESTOR ALERT: Law Offices of Howard G Smith Continues Investigation of Key Tronic Corporation (KTCC) on Behalf of Investors

Press release content from Business Wire. The AP news staff was not involved in its creation. INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Key Tronic Corporation (KTCC) on Behalf of Investors February 18, 2021 GMT BENSALEM, Pa. (BUSINESS WIRE) Feb 17, 2021 Law Offices of Howard G. Smith continues its investigation on behalf of Key Tronic Corporation (“Key Tronic” or the “Company”) (NASDAQ: KTCC ) investors concerning the Company and its officers’ possible violations of federal securities laws. On February 10, 2021, Key Tronic reported that it had “received a notification from an employee regarding irregularities of the classification of inventory between raw material and work-in-process at a production facility.” As a result, the Company could not timely file its quarterly report for the period ended December 26, 2020 while it conducted an internal investigation into the accounting matters.

SEC lacked jurisdiction to rule on fraud claims in takeover of The Medical City — CA

SEC lacked jurisdiction to rule on fraud claims in takeover of The Medical City CA By VIRGIL LOPEZ, GMA News Published February 18, 2021 8:58pm The Court of Appeals (CA) has ruled that the Securities and Exchange Commission (SEC) had no authority to decide on allegations of fraud in the takeover of The Medical City (TMC). In a ruling dated February 11, the CA Special 15th Division said the matter should be decided by the trial court as it partially granted the petitions filed by the groups that had acquired a substantial stake in the Professional Services Inc. (PSI), which operates TMC’s hospitals and clinics nationwide.

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