Talkwalker Alerts] Alert for Sec Disgorgement
Return of the monitorship: SEC and DOJ settle US$84M FCPA claims and impose monitorship on medical...
5 million in profits. For the civil charges, the company will pay the SEC approximately US$28.2 million in disgorgement and prejudgment interest in addition to engaging an independent compliance monitor for two years who will report back to the...
04/29/22 12:03 | United States | nortonrosefulbright.com Tweet
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Steven Chiang a/k/a Cyrus Kong, Eric Tippetts, James Hardy, and Maurice "Butch" Chelliah (Release...
...registration provisions of Sections 5(a) and 5(c) of the Securities Act. The SEC seeks permanent injunctions, disgorgement with prejudgment interest, and civil penalties against each defendant, and conduct-based injunctions against Tippetts, Hardy...
04/29/22 09:15 | United States | sec.gov Tweet
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DOJ and SEC Stick Stericycle with a Two-Year Monitorship, Despite Acknowledgment of Extensive...
...failed to voluntarily self-disclose. It will also pay $28.2 million in disgorgement and interest to the SEC, with an available offset for timely payments made to the Brazilian government as part of the company’s separate resolution in Latin...
04/29/22 08:17 | United States | jdsupra.com Tweet
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SEC Fines RIA Firm $760K+ Over Wrap Fees
...as duty of care, including its duty to seek best execution, the SEC says. HighPoint agreed to pay $508,995 in disgorgement, plus $130,742 in prejudgment interest, as well as a civil money penalty of $125,000, without admitting or denying the...
04/29/22 07:30 | United States | financialadvisoriq.com Tweet
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Crypto Trading Fund Partners Accused of Fraud
Mata is charged with one count of wire fraud in a separate complaint. The Securities and Exchange Commission (SEC) has taken action against both men and is seeking injunctions, disgorgement of ill-gotten gains, with prejudgment interest, civil...
04/28/22 10:50 | United States | infosecurity-magazine.com Tweet
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SEC Charges Brazilian Mining Company with Misleading Investors about Safety Prior to Deadly Dam...
...of the federal securities laws and seeks injunctive relief, disgorgement plus prejudgment interest, and civil penalties. The SEC’s investigation was conducted by Sharan Custer and Lauren Poper, with the assistance of Carlos Costa-Rodrigues. The...
04/28/22 07:15 | United States | sec.gov Tweet
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RIA Busted in SEC 12b-1 Wrap Fee Crackdown
...its clearing firm. Those shares had a higher cost to investors, the SEC said. The RIA was ordered to pay disgorgement, prejudgment interest and a civil penalty, totaling $764,737. The Securities and Exchange Commission on Wednesday charged...
04/27/22 15:21 | United States | thinkadvisor.com Tweet
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Ex-Morgan Stanley advisor accused of stealing $4.8M to pay for luxury cars, credit cards and ‘sexy’...
...his future plans to raise funds or conceal assets. The SEC is seeking a temporary restraining order, injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest thereon and a civil penalty. The commission also seeks a...
04/26/22 11:16 | United States | financial-planning.com Tweet
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DOJ Brings First Corporate FCPA Enforcement Action – Settles with Stericycle for $84 Million (Part I...
Stericycle will pay $52.5 million in criminal penalties, $28 million to the SEC in civil penalties and disgorgement, and approximately $9.3 million to Brazilian authorities. DOJ agreed credit up to one-third of the criminal penalty against fines...
04/25/22 15:57 | United States | jdsupra.com Tweet
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SEC Charges Stericycle with Bribery Schemes in Latin America
...approximately $28.2 million in disgorgement and prejudgment interest. The SEC's order provides for an offset of up to...
04/21/22 04:25 | France | marketscreener.com Tweet
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No Title
...exchange and paying money makers to trade, and have settled with the SEC for about 75k, which doesn’t include disgorgement or pre-judged interest etc, but no indictment...
04/29/22 10:41 | United States | behindmlm.com Tweet
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What is disgorgement in law?
...in Liu v. Because the statute at issue only authorizes the SEC to seek “equitable relief,” the Supreme Court analyzed disgorgement under principles of equity. Is restitution a cause of action? Whilst parties often talk of a restitution claim in...
04/29/22 05:59 | Tunisia | dictionary.tn Tweet
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SEC Charges Brazilian Mining Company with Misleading Investors about Safety Prior to Deadly Dam...
...of the federal securities laws and seeks injunctive relief, disgorgement plus prejudgment interest, and civil penalties. The SEC’s investigation was conducted by Sharan Custer and Lauren Poper, with the assistance of Carlos Costa-Rodrigues. The...
04/28/22 20:56 | Nigeria | investadvocate.com.ng Tweet
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SEC: Brazilian Mining Co. Misled Investors Prior To Deadly Dam Collapse
...of the federal securities laws and seeks injunctive relief, disgorgement plus prejudgment interest, and civil penalties. The SEC’s investigation was conducted by Sharan Custer and Lauren Poper, with the assistance of Carlos Costa-Rodrigues. The...
04/28/22 13:38 | United States | advisornews.com Tweet
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SEC charges Vale with misleading investors over deadly dam disaster
...Hodgman, the SEC’s associate director of enforcement, in statement. The SEC is seeking civil penalties and a disgorgement award.Its complaint, which has been filed in a New York court, is a setback for Vale. The miner has been trying to rebuild its...
04/28/22 13:02 | United States | worldnewsera.com Tweet
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I robot binary optionsakkanet.net
These scammers defrauded hundreds of victims in Austria, Poland, Germany, and several other Eastern European companies.The SEC seeks a disgorgement and civil penalty, as well opções binárias brasil pode acabar as a permanent injunction. You can...
04/27/22 05:32 | United States | akkanet.net Tweet
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Stericycle to Pay More Than $84 Million to Settle Latin America Bribery Charges
...pay $28.2 million in disgorgement and prejudgment interest stemming from the SEC’s charges. Up to one third of the criminal... ” As part of the settlement with the SEC, on top of the disgorgement payments, the company also agreed to engage an...
04/26/22 09:47 | United States | tax.thomsonreuters.com Tweet
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DOJ Brings First Corporate FCPA Enforcement Action – Settles with Stericycle for $84 Million (Part I...
Stericycle will pay $52.5 million in criminal penalties, $28 million to the SEC in civil penalties and disgorgement, and approximately $9.3 million to Brazilian authorities. DOJ agreed credit up to one-third of the criminal penalty against fines...
04/25/22 09:11 | United States | blog.volkovlaw.com Tweet
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DOJ and SEC Kick Off the Second Quarter with Major FCPA Settlement with International Waste...
...accounting controls provisions of the FCPA. It agreed to pay the SEC approximately $28.2 million in disgorgement and prejudgment interest. The SEC indicated in its order that an aggravating factor in this case was that Stericycle lacked proper...
04/25/22 08:38 | United States | lexblog.com Tweet
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MIL-OSI USA: SEC Charges Stericycle with Bribery Schemes in Latin America
...provisions of the FCPA, and agreed to pay approximately $28.2 million in disgorgement and prejudgment interest. The SEC’s order provides for an offset of up to approximately $4.2 million of any disgorgement paid to Brazilian authorities. Therefore...
04/21/22 13:13 | New Zealand | foreignaffairs.co.nz
