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Wednesday, March 3, 2021

corporate crime news

SEC Charges GPB Capital Holdings and 3 Executives in $1.7 Billion Ponzi Scheme

The United States Securities and Exchange Commission (SEC) charged New York based-investment adviser company GPB Capital Holdings and three executives on Feb. 4 for...

Alibaba Investigated over Alleged Monopoly

The Chinese government announced that they are starting an investigation on the alleged monopolistic practices at Alibaba Group Holding Ltd. and summoned affiliate Ant...

Robinhood Financial Settles SEC Charges for $65M

Robinhood Financial agreed on Thursday morning to pay $65 million to settle Securities and Exchange Commission allegations that the broker failed to properly inform...

South Korean Watchdog Seeks Criminal Prosecution, Fines Facebook Over Personal Data Misuse

A South Korean watchdog group that protects personal information in the country fined Facebook $6.06 million on Wednesday morning and even sought a criminal...

Purdue Pharma Pleads Guilty to Criminal Charges

Purdue Pharma pleaded guilty to criminal charges over the handling of its prescription painkiller OxyContin on Tuesday afternoon, capping a deal with federal prosecutors...

‘Comedians In Cars’ Case Goes To US Supreme Court

Jerry Seinfeld collaborator Christian Charles has urged the US Supreme Court to revive a lawsuit that claimed Seinfeld stole the concept for his "Comedians...

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