Former AriseBank Execs Settle Charges in SEC ICO Fraud Lawsuit

Two former top executives of AriseBank have agreed to settle fraud charges brought against them by the U.S. Securities and Exchange Commission. The SEC announced Wednesday that AriseBank ex-chief executive officer Jared Rice Sr. and ex-chief operat.....»»

Boeing Co. has agreed to pay more than $2.5 billion in penalties, including compensation to airlines, to resolve conspiracy to defraud charges related to its 737 Max aircraft......»»

Just days after FleetCor Technologies Inc. agreed to settle a $50 million class-action securities fraud lawsuit, the U.S. Federal Trade Commission (FTC) h.....»»

The Securities and Exchange Commission announced the settlement Monday WASHINGTON (AP) — Nissan will pay $15 million and former chairman Carlos Ghosn will pay $1 million to settle alleg.....»»

Nissan and its former Chairman Carlos Ghosn will pay a combined $16 million to settle charges related to false financial disclosures, the Securities and Exchange Commission said Monday. The SEC said Nissan will pa.....»»

Malaysia expanded efforts to prosecute Goldman Sachs Group Inc. employees it alleges were involved in the 1MDB fraud, filing criminal charges against more than a dozen current and former senior executives based around the world......»»

Former executives with a Chandler-based opioid manufacturer face new legal troubles, according to the Arizona Republic. A trio of former executives with Insys Therapeutics Inc. are the target of a new fraud lawsuit filed against them by Arizona Att.....»»

The former owner and former president of a Vermont ski resort accused in a multimillion-dollar fraud case have been indicted on multiple federal charges over a failed plan to build a biotech facility using foreign investors' money......»»

Ruth Madoff, wife of convicted swindler Bernie Madoff, has settled a lawsuit alleging she profited from her husband's fraud. According to court papers revealed on Friday, Ruth Madoff, 77, agreed to pay $594,000 now and give up her remaining assets whe.....»»

The Securities and Exchange Commission said Friday that peer-to-peer lender Prosper Funding LLC will pay a $3 million penalty for miscalculating.....»»

Wells Fargo Securities has agreed to pay more than $800,000 to settle a U.S. Securities and Exchange Commission lawsuit over Rhode Island’s failed $75 million deal with former Arizona Diamondbacks pitcher Curt Schilling’s video game company. The.....»»

Lumber Liquidators will pay $33 million to settle fraud charges by federal authorities who accused the company of falsely saying its Chinese-made laminate flooring met formaldehyde emissions standards......»»

Disgraced cyclist Lance Armstrong agreed to pay $5 million to settle a fraud lawsuit by the U.S. government that could have cost him nearly $100 million......»»

Bebeto Matthews/AP Photo A federal judge on Monday signed off on a $25 million agreement to settle fraud claims arising from Trump University, the now-defunct education venture of US Pr.....»»

An investor lawsuit alleged that the bank made misstatements and omissions in its disclosures about its notorious sales practices......»»

Wells Fargo & Co. agreed to pay $480 million to s.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Former ITT chief executive Kevin Modany and former chief financial officer Daniel Fitzpatrick have settled fraud cases with the Securities and Exchange Commission, avoiding a trial......»»

Former top executives at ITT Educational Serv.....»»

A long-running lawsuit brought by merchants over credit card fees has been settled — again. Visa (NYSE: V) and Mastercard Inc. (NYSE: MA), along with a number of U.S. banks, have agreed to pay $6.2 billion to settle the charges. The two compa.....»»