The Securities and Exchange Commission (SEC) charged auditing firm BF Borgers and its owner, Benjamin F. Borgers, with "massive fraud" for deliberate failures in over 1,500 audits. Despite being hired by Trump Media and Technology Group just 37 days prior, the charges are unrelated to their work for the company. The firm agreed to a $12 million fine, with Benjamin Borgers facing a $2 million fine and both agreeing to permanent suspensions from handling SEC-related matters. The SEC found that BF Borgers fabricated documentation, failed to follow accounting rules, and falsely stated that their work met audit standards.
Lyft has agreed to pay $10 million to settle Securities and Exchange Commission charges it failed to disclose a board member s financial interest in a transaction involving the company, the U.S. regulator said on Monday.
The US Securities and Exchange Commission (SEC) has accused blockchain security company Quantstamp of holding an unregistered initial coin offering (ICO) of "crypto asset securities."
The Securities and Exchange Commission today charged Scott A. Miller, his son-in-law Brett M. Bartlett and their companies for fraudulent securities offerings that raised at least $20.
Knights Hospitaller Chivalric Order, buccaneering history, quasi-national status emphasize peculiar status of Malta, possibly why two North Carolina businessmen involved with insurance companies and reinsurance trust selected Malta as site for registered investment adviser.