The SEC filed a complaint against Ralph T. Iannelli and his leasing company, Essex Capital, for making false and misleading statements to induce investors to buy promissory notes carrying high interest rates. read more

JUN 13, 2018 - 6:36 am

The SEC announced Merrill Lynch will pay more than $15 million to settle charges that tis employees misled customers into overpaying for Residential Mortgage Backed Securities. read more

JUN 13, 2018 - 6:32 am

The U.S. Supreme Court ruled petitioner Sergio Fernando Lagos, a convicted perpetrator of fraud against GE Capital, was not responsible to reimburse GE for its fraud investigation. read more

JUN 1, 2018 - 7:19 am

The SEC announced the entity formerly known as Yahoo has agreed to pay a $35 million penalty to settle charges that it failed to disclose on the world’s largest data breaches. read more

APR 30, 2018 - 8:01 am

The SEC charged Michael Liberty, the founder of fintech startup now known as Mozido, with a scheme to trick hundreds of investors into investing in his shell companies instead of Mozido. read more

APR 3, 2018 - 6:30 am

Jonathan Russell joined Smith, Gambrell & Russell’s Global Transport Practice in London. Russell specializes in the sale, purchase, financing, ownership and operation of corporate and private aircraft. read more

MAR 30, 2018 - 6:36 am

The SEC charged a former CIO of a U.S. business unit of Equifax with insider trading before the company announced a massive data breach that exposed the social security numbers of about 148 million U.S. customers. read more

MAR 19, 2018 - 8:27 am

The SEC charged the New York Stock Exchange and two affiliated exchanges with regulatory failures. In a settlement, the exchanges agreed to pay a $14 million penalty. read more

MAR 9, 2018 - 7:23 am

The SEC instituted an enforcement action against Deutsche Bank Securities for making false and misleading statements while negotiating sales of CMBS. The bank has agreed to pay more than $3.7 million to customers, which includes $1.48 million that was ordered as disgorgement. read more

FEB 13, 2018 - 6:45 am

Rabobank pleaded guilty to a felony conspiracy charge for impairing, impeding and obstructing the OCC by concealing deficiencies in its anti-money laundering program. read more

FEB 9, 2018 - 7:04 am

The SEC charged six CPAs with using leaked confidential Public Company Accounting Oversight Board data in scheme to improve inspection results for KPMG. read more

JAN 23, 2018 - 7:12 am

CIT agreed to a settlement of $29.9 million to resolve claims that it failed to meet its contractual obligations to indemnify Ocwen Loan Servicing for losses allegedly suffered from mortgage servicing errors. read more

DEC 5, 2017 - 7:08 am

According to a SEC filing, Wells Fargo Advisors was censured and agreed to pay $3.5 million to settle allegations it failed to file suspicious activity reports for transactions suspected to be linked to money laundering. read more

NOV 15, 2017 - 7:05 am

The SEC charged mining company Rio Tinto and two former top executives with fraud for inflating the value of coal assets acquired for $3.7 billion and sold a few years later for $50 million. read more

OCT 18, 2017 - 7:54 am

A federal judge ruled that a shareholder lawsuit will be necessary against Wells Fargo CEO Tim Sloan and other executives of the company in connection with a fake account opening scandal. read more

OCT 9, 2017 - 6:43 am