Tags » U-S-securities-and-exchange-commission

Blood, fraud and money: The story of Theranos star CEO's spectacular fall from grace

Elizabeth Holmes raised hundreds of millions of dollars from investors on the promise that her medical-testing startup Theranos Inc. would change medicine with a single drop of blood. 961 more words

FP Tech Desk

Cryptocurrencies Are Selling Off

By Camila Russo

January 8, 2018, 10:04 AM EST Updated on January 8, 2018, 1:35 PM EST

  • China said to look to limit power use by some bitcoin miners…

551 more words

Obsidian Energy settles with U.S. Securities Commission over fraud charges

Obsidian Energy Ltd. says it has reached a US$8.5-million settlement with the U.S. Securities and Exchange Commission over fraud-related charges filed earlier this year.

The SEC had alleged the company and three executives participated in a “multi-year accounting fraud” where hundreds of millions of dollars were moved from operating expense accounts to capital expenditure accounts to improve the appearance of its operating metrics. 97 more words


Richard Smith Rewarded For Fuckin Up.

Richard Smith was the CEO of Equifax … until Tuesday when he stepped down from his position.  Or was asked to step down.  The investigation into what happened in the Equifax… 12 more words


Toys ‘R’ Us Files for Bankruptcy, No Stores Slated to Close (at Least for Now)

Ahead of its Sept. 26 second-quarter earnings call, toy giant Toys “R” Us has voluntarily filed for bankruptcy protection in the Eastern District of Virginia as a means of unburdening itself from massive debt on its balance sheet, $400 million of which comes due next year. 719 more words


Guardian Life Insurance Subleases 148K SF From Coach at 10 Hudson Yards

Guardian Life Insurance Co. of America has agreed to sublease more than 148,000 square feet of space from Coach Inc. at 10 Hudson Yards on Manhattan’s Far West Side, the luxury handbag retailer disclosed in a regulatory filing today. 399 more words