Hedge Funds Clash Over Tech Stocks: SEC Filings Many well-known funds have filed their 13Fs within the last week or so, and it seems clear that tech stocks aren’t the be-all, end-all they were last year. Many hedge funds sold or reduced their tech names positions, while others bought and […]
Month: February 2021
Has Bitcoin Just Gone Mainstream?
Has Bitcoin Just Gone Mainstream? The SEC reports that Tesla has invested $1.5 billion in bitcoin. The decision by figures like Elon Musk or important companies such as Tesla is simply one more step toward the normalization of cryptocurrencies. #securitiesattorney #seclaw #securitieslaw https://www.forbes.com/sites/enriquedans/2021/02/08/has-bitcoin-just-gone-mainstream/
Encore | Augmenting the Exam and Risk Monitoring Program with Data Analytics and Technology | FINRA Unscripted
Encore | Augmenting the Exam and Risk Monitoring Program with Data Analytics and Technology http://feeds.finra.org/~r/FINRACompliancePodcast/~3/T5LFP9NeAAA/encore-augmenting-the-exam-and-risk-monitoring-program-with-data-analytics-and-technology-aZPruHLf #seclaw#securitieslawyer
‘Google Her Name’: Disney Cases Spotlights Danger, Roadmap for Whistleblowers | Daily Business Review
James Sallah of Sallah Astarita & Cox comments on the Disney whistleblower complaint in the Daily Business Review.
Watch Live: GameStop Hearing On Market Manipulation
Watch Live: GameStop Hearing On Market Manipulation The billionaire founders of Robinhood and market-maker Citadel Securities are among those testifying. #securitiesattorney #securitieslawyer #seclaw https://www.forbes.com/sites/jonathanponciano/2021/02/18/watch-live-gamestop-hearing-on-market-manipulation/
SEC Awards Almost $3 Million Total in Separate Whistleblower Awards
The Securities and Exchange Commission today announced two separate whistleblower awards for total payments of almost $3 million. In the first order, the SEC awarded a whistleblower over $2.2 million for providing important, high-quality information… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
Walgreens Revealed As Investor In Subsidiary Of Health Insurance Company Under Federal Investigation
Walgreens Revealed As Investor In Subsidiary Of Health Insurance Company Under Federal Investigation The pharmacy giant has been steering its customers towards SeekMedicare, which is under scrutiny from both the Department of Justice and the Securities and Exchange Commission. #seclaw #securitieslawyer #securitiesattorney https://www.forbes.com/sites/katiejennings/2021/02/12/walgreens-revealed-as-investor-in-insurance-company-under-federal-investigation/
Citibank’s $500 Million Error
According to CNN, Citibank, acting as Revlon’s loan agent, accidently wired 100 times more than it intended, to Revlon’s lenders. Some returned the money, others did not, and applied the funds to Revlon’s loans. Citibank sued, and lost. Typically, mistaken payments and transfers returned to the payor. But in this […]
Reddit Trader Roaring Kitty Accused Of Fraud In The Latest Wild Lawsuit Coming Out Of GameStop Saga
Reddit Trader Roaring Kitty Accused Of Fraud In The Latest Wild Lawsuit Coming Out Of GameStop Saga One of Reddit’s most outspoken WallStreetBets traders is being sued for alleged securities fraud. #securitiesattorney #securitieslaw #securitieslawyer https://www.forbes.com/sites/jonathanponciano/2021/02/17/gamestop-saga-reddit-trader-roaring-kitty-accused-of-fraud-in-the-latest-wild-lawsuit/
Disney Cases Spotlights Danger, Roadmap for Whistleblowers
Sandra Kuba, a senior financial analyst who has been with The Walt Disney Co. for nearly two decades, reported billions of dollars of alleged financial irregularities, and accused the financial arm of the publicly-traded entity of harassment and retaliation after she spoke out. And now attorney James Sallah, partner […]
