Corporate Governance

SEC

SEC Freezes Assets Tied to False Regulatory Filing

The U.S. Securities and Exchange Commission (SEC) has obtained a court order to freeze the profits of a trader who allegedly manipulated a technology stock through a false regulatory filing ...
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stock certificate

Stock Buybacks Appear to Be Falling out of Favor in 2016

When it comes to companies returning capital to their shareholders, the two general methods have been via dividends and stock buybacks. Dividends are a signal that income should remain healthy. ...
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whistle

SEC Continues to Pay Whistleblowers

The U.S. Securities and Exchange Commission (SEC) recently announced it will jointly award more than $450,000 to two individuals for a tip that led the agency to open a corporate ...
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Xerox Tower

Former Xerox CEO Burns, Who Nearly Destroyed Company, Still Chair

Xerox Corp. (NYSE: XRX) CEO and Chair Ursula Burns did more to destroy the company than anyone in its decades long history. She was removed as chief executive, pending a ...
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City Hall

SEC Settles Fraud Charges With Illinois Mayor

The U.S. Securities and Exchange Commission (SEC) recently announced that the mayor of Harvey, Ill., has agreed to pay $10,000 and never participate in a municipal bond offering again in ...
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SEC

Inside Traders Charged at Dean Foods, Golfer Phil Mickelson Named in Report

The U.S. Securities and Exchange Commission (SEC) has just announced insider trading charges against a professional sports gambler who allegedly made $40 million based on illegal stock tips from a ...
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SEC

SEC Awards Over $5 Million to Whistleblower

The U.S. Securities and Exchange Commission (SEC) recently announced that it will award around $5 million to $6 million to a former company insider whose detailed tip led the agency ...
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SEC

Lending Club Sinks on Government Investigation

Lending Club Corp. (NYSE: LC) has been watching its shares take the long way down following the resignation of its CEO and founder, Renaud Laplanche. However, that was only the ...
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sweaters

Why Francesca’s CEO Departure Could Mean Further Fallout

Francesca’s Holding Corp. (NASDAQ: FRAN) saw its shares tumble early on Tuesday after the company announced changes in management. Chairman, President and CEO Michael Barnes is resigning, effective immediately. As a result, ...
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gavel and cash money

SEC Announces $3.5 Million Whistleblower Award

The U.S. Securities and Exchange Commission (SEC) recently announced a whistleblower award of over $3.5 million to a company employee whose tip bolstered an ongoing investigation with additional evidence of ...
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SEC

2 Attorneys Charged by SEC for Defrauding Escrow Clients

The U.S. Securities and Exchange Commission (SEC) recently announced fraud charges against two attorneys accused of making undisclosed risky investments and in some instances outright stealing money they obtained in ...
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Fraud

SEC Issues Fraud Charges Against Shell Factory Operators

The U.S. Securities and Exchange Commission (SEC) recently announced fraud charges against a California stock promoter and a New Jersey lawyer who allegedly were creating sham companies and selling them ...
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surgery

Did Valeant Pharmaceuticals Capitulate Its Pricing?

Valeant Pharmaceuticals International Inc. (NYSE: VRX) has been at the heart of controversy for quite a while now, at a royal expense to its shareholders. The stock is currently valued ...
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SEC

SEC Charges Father and Son, Among Others, in Tribal Bonds Fraud

The U.S. Securities and Exchange Commission (SEC) charged a father and son and five associates with defrauding investors via sham Native American tribal bonds in an effort to steal millions ...
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Money

25 Companies Raising Their Dividends for 25 Years or More

Investors love when companies pay dividends. More specifically, they love companies that are raising their dividends year after year. There exists a classification of dividend payers known as the Dividend Aristocrats. These ...
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