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Credit Suisse To Pay Nearly $475 Million To U.S. And U.K. Authorities To Resolve Charges In Connection With Mozambican Bond Offerings - VTB Capital Also Agrees To Settlement With SEC For Role In Misleading Investors

Credit Suisse Group AG has agreed to pay nearly $475 million to U.S. and U.K authorities, including nearly $100 million to the Securities and Exchange Commission, for fraudulently misleading investors and violating the Foreign Corrupt Practices Act (FCPA) in a scheme involving two bond offerings and a syndicated loan that raised funds on behalf of state-owned entities in Mozambique.
New York United States United Arab Emirates United Kingdom Carlos Costa Rodriguez Gurbirs Grewal

SEC Charges Biotech Company and CEO with Fraud Concerning COVID-19 Blood Testing Device

SEC Charges Biotech Company and CEO with Fraud Concerning COVID-19 Blood Testing Device Washington, D.C.--(Newsfile Corp. - December 18, 2020) - The Securities and Exchange Commission today announced charges against California-based biotechnology company Decision Diagnostics Corp. and its CEO, Keith Berman, with making false and misleading claims in numerous press releases that the company had developed a working, break-through technology that could accurately detect Covid-19 through a quick b...
New York United States District Of Columbia Stephanie Avakian Hanel Kim James Carlson

SEC.gov | SEC Charges Biotech Company and CEO With Fraud Concerning COVID-19 Blood Testing Device

FOR IMMEDIATE RELEASE Washington D.C., Dec. 18, 2020 — The Securities and Exchange Commission today announced charges against California-based biotechnology company Decision Diagnostics Corp. and its CEO, Keith Berman, with making false and misleading claims in numerous press releases that the company had developed a working, break-through technology that could accurately detect Covid-19 through a quick blood test. The SEC temporarily suspended trading in Decision Diagnost...
New York United States District Of Columbia Stephanie Avakian Hanel Kim James Carlson
Source: sec.gov

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