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24 Nov 2009, 12:59 pm
The Settlement SafeNet and the defendants settled the matter by consenting to the entry of a judgment that: permanently enjoins SafeNet and the other defendants from violating Regulation G and other antifraud provisions of the federal securities laws; requires SafeNet to pay a civil penalty of $1 million; permanently enjoins the other defendants from aiding and abetting violations of the reporting, books and records and internal control provisions of the federal… [read post]
24 Nov 2009, 12:59 pm
The Settlement SafeNet and the defendants settled the matter by consenting to the entry of a judgment that: permanently enjoins SafeNet and the other defendants from violating Regulation G and other antifraud provisions of the federal securities laws;   requires SafeNet to pay a civil penalty of $1 million;   permanently enjoins the other defendants from aiding and abetting violations of the reporting, books and records and… [read post]
15 Mar 2012, 10:14 am by Kevin LaCroix
” Nevertheless, the three-judge panel concluded, “the district court imposed what it considered to be the best policy to enforce the securities laws. [read post]
10 Mar 2020, 6:06 am by Poole Huffman, LLC
The cybersecurity company, however, told the lab that it had discovered the file on the publicly available internet (specifically, a peer-to-peer filesharing site) and used that claim to try to solicit the lab as a client of its security services, according to the lab. [read post]
4 May 2023, 3:04 am by Seán Binder
A curated weekday guide to major national security news and developments over the past 24 hours. [read post]
22 Sep 2022, 3:10 am by John Jenkins
” Under the terms of the SEC’s order, the defendants, without admitting or denying the agency’s allegations, agreed to cease and desist from future violations of the antifraud provisions of the federal securities laws & to provide advance notice of any transactions in Cheetah Mobile securities to the Director of the Market Abuse Unit in the Division of Enforcement. [read post]
5 Nov 2009, 11:31 am
"  (Disclosure: our firm represents defendants, although not KFC, in certain food-related lawsuits. [read post]
Barnes & Noble is defending itself against a would-be class action arising out of a security breach that compromised PIN pad devises at B&N stores. [read post]
11 Nov 2022, 4:20 am by Emma Snell
The departures prompted a rare warning from the Federal Trade Commission that it may step in to ensure the company is complying with certain privacy and security requirements. [read post]
11 Apr 2011, 10:11 pm by Sam E. Antar
I sent emails to Overstock.com and the Securities and Exchange Commission (SEC) alerting them about the company’s illegal accounting practices. [read post]
6 Nov 2019, 1:53 am by Kevin LaCroix
In an amended complaint filed on November 4, 2019 in a pending SEC enforcement action, the agency alleges that the defendant company and one of its principals violated the SEC’s whistleblower rules by requiring the company’s investors to enter agreements in which the investors agreed not to contact the SEC or other regulatory enforcement authorities. [read post]
5 Jan 2018, 5:35 am by Cynthia Marcotte Stamer
Continuing Fallout of 2015 Data Breach Provides Many Lessons For Other Businesses & Their Health Plans The $2.3 million (Resolution Amount) data breach settlement and other post breach fallout now bankrupt radiation oncology and cancer care provider 21st Century Oncology, Inc. (21CO)  is experiencing after data thieves hacked into the names, social security numbers and other private health and financial data of more than 2,213,597 individuals illustrates why your… [read post]
11 Jul 2011, 1:58 am by Kevin LaCroix
Starr International has amended its securities suit against China MediaExpress Holdings and certain of its directors and officers to include as defendants three American businessmen who helped the company obtain its U.S. listing by way of reverse merger. [read post]
17 Feb 2021, 11:47 am by Abby Lemert, Eleanor Runde
Court of Appeals for the Fifth Circuit, asking for judicial review of a Federal Communications Commission (FCC) ruling that the company poses a national security threat. [read post]
22 May 2019, 3:56 am by Kevin LaCroix
They then fund their digital wallets with tokens typically issued by the cryptocurrency platform, and use those cryptocurrency platform tokens to buy the fundraising company’s tokens. [read post]
19 Sep 2011, 3:33 pm by Victoria VanBuren
July 22, 2011)  the Securities and Exchange Commission (“SEC”) brought suit against the investment company Standford Group Company (“SGC”) and related entities for allegedly perpetrating a massive Ponzi scheme. [read post]
15 Sep 2010, 9:30 am by Lucas A. Ferrara, Esq.
The truth is Dennis Ross wants allow big banks to gamble away our Social Security, protect special tax breaks for companies that ship our jobs overseas, and shift the tax burden onto the middle class by implementing a national sales tax of 23% on everything Americans buy. [read post]