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SEC Charges Former Financial Consultant for Providing Father and Friends Inside Information Regarding Firm’s Client

The Securities and Exchange Commission today charged Federico Nannini, his father, and two of his friends for insider trading in advance of the pending acquisition…

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SEC Charges Zymergen Inc. With Misleading IPO Investors About Company’s Market Potential and Sales Prospects

The Securities and Exchange Commission today announced settled charges against Zymergen Inc., an Emeryville, California-based biotechnology company, for misleading IPO investors about its overall market…

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Secretary Raimondo Statement on New Actions to Address Surge in De Minimis Shipments

U.S. Secretary of Commerce Gina M. Raimondo released the following statement after the Biden-Harris Administration announced actions to address the significant increased use of the…

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Remarks by Commerce Secretary Gina Raimondo at the Advisory Committee on Supply Chain Competitiveness

Thank you, Assistant Secretary Harris. Thanks to chairs Ursula and Jeff, and to our speakers. Yesterday we held our inaugural Supply Chain Summit, and it…

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SEC Charges Three Former Executives of Pharmacy Startup Medly Health Inc. with Defrauding Investors

The Securities and Exchange Commission today charged now-defunct digital pharmacy startup Medly Health Inc’s. co-founder and former CEO, Marg Patel, former CFO, Robert Horowitz, and…

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Court Grants Class Certification in Southwest Airlines Family and Medical Leave Act (FMLA) Lawsuit

Oakland, California – Erlich Law Firm, P.C. who is representing the class along with Andrus Anderson LLP, has announced that the United States District Court…

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SEC Files Settled Charges Against Three StraightPath Sales Agents for Unregistered Broker Activity

The Securities and Exchange Commission today announced settled charges against three sales agents from StraightPath Venture Partners—Anthony Guarino, Robert Seropian, and Frank Vecchio—for unregistered broker…

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SEC Investor Advisory Committee to Discuss Investment Advice and Key Topics from Securities Litigation at Sept. 19 Meeting

The Securities and Exchange Commission’s Investor Advisory Committee will hold a public meeting on Sept. 19, 2024, at 10 a.m. ET at the SEC Headquarters…

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Rhode Island Department of Human Services Supervisor, Daughter Charged in Schemes to Defraud Supplemental Nutrition Assistance Program

PROVIDENCE, RI – United States Attorney Zachary A. Cunha announced today that a Rhode Island Department of Human Services (RI DHS) supervisor now faces federal…

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Bookkeeper Agrees to Plead Guilty to Tax Evasion and Disability Benefits Fraud

BOSTON – The former bookkeeper for an electrical and contracting business has been charged with, and has agreed to plead guilty to, concealing income from…