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Tag: Civil Penalties

Tesla investors to get $12,000 each from Musk’s SEC deal – Autoblog

A group of Tesla Inc. investors stands to recover an average of about $12,000 a head for losses they incurred from Elon Musk’s famous...

Here is When Bitstamp Will Halt Crypto Staking Services for US Clients (Report)

The leading cryptocurrency exchange – Bitstamp – will reportedly disallow US customers to stake cryptocurrencies from September 25. The decision comes as a result...

DOJ sues Elon Musk’s SpaceX for allegedly refusing to hire refugees and asylum seekers

The U.S. Department of Justice (DOJ) filed a discrimination lawsuit against Elon Musk-owned rocket and satellite company SpaceX on Thursday for allegedly refusing to...

Is Your Patent Services Vendor ITAR Compliant? – IP.com

This compliance involves assessing the classification of your products, checking if your intended export transactions require a license, and following appropriate procedures. Proper...

SEC charges former corrections officer for role in bizarre crypto scam

John A. DeSalvo, a former lieutenant at the New Jersey Department of Corrections, has been charged by the U.S. Securities and Exchange Commission (SEC)...

Regions to pay $3 million in steeper-than-usual flood insurance penalty

Gary Tramontina Regions Financial has been ordered to pay nearly $3 million for flood insurance violations that occurred...

UBS to pay $1.4 billion over fraud in residential mortgage-backed securities

In this articleUBSG-CHUBSFollow your favorite stocksCREATE FREE ACCOUNTGeneral view of the UBS building in Manhattan, New York, June 5, 2023.Eduardo Munoz Alvarez | View...

SEC Freezes Assets of Utah-Based DEBT Box in a $50 Million Crypto Fraud Case Involving Bitcoin and Ether

In a significant development, the Securities and Exchange Commission (SEC) has announced that it has obtained a temporary asset freeze and restraining order against...

What is EEI: Electronic Export Information filing guide

Electronic Export Information (EEI) came into existence in the United States to collect export data. No matter how big or small your business is,...

What Happened to Hemp?

Last week, a LinkedIn post by cannabis economist Beau Whitney caught my eye, because Beau said something pretty amazing. He said: “licensed acres in...

New York Crackdown Begins Against Unlicensed Cannabis Activity

As we recently reported (here), Governor Kathy Hochul signed legislation granting the state Office of Cannabis Management (“OCM”) certain enforcement powers with respect to unlicensed cannabis...

New York City Passes Unlicensed Dispensary Landlord Legislation

The New York City Council (the City Council) is taking matters into its own hands, passing legislation that will hold landlord’s liable for renting...

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