Details Written by Imperial Valley News
Temecula, California - Federal authorities Wednesday morning arrested a Temecula man on federal fraud charges that allege he stole hundreds of thousands of dollars from the Paycheck Protection Program (PPP) after obtaining more than $7 million in PPP loan funds on behalf of his company that purports to repair potholes.
Oumar Sissoko, 59, was arrested pursuant to a four-count wire fraud indictment that was returned by a federal grand jury on April 13. Sissoko is expected to be arraigned on the indictment Thursday afternoon in United States District Court in Riverside.
According to the indictment, Sissoko obtained a $7.25 million loan for his company, Road Doctor California LLC, after submitting a PPP loan application in April 2020 claiming that Road Doctor was in the process of hiring 450 full-time employees and would have average monthly payroll expenses of $2.9 million. When he applied for the loan, Sissoko acknowled
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Amdocs Limited of Class Action Lawsuit and Upcoming Deadline – DOX
April 23, 2021 23:47 ET | Source: Pomerantz LLP Pomerantz LLP New York, New York, UNITED STATES
NEW YORK, April 23, 2021 (GLOBE NEWSWIRE) Pomerantz LLP announces that a class action lawsuit has been filed against Amdocs Limited (“Amdocs” or the “Company”) (NASDAQ: DOX), and certain of its officers. The class action, filed in the United States District Court for the Central District of California, and docketed under 21-cv-03078, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Amdocs ordinary shares between December 13, 2016 and March 30, 2021, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Athenex, Inc., of Class Action Lawsuit and Upcoming Deadline – ATNX
04/24/2021 | 01:15am EDT
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NEW YORK, April 24, 2021 (GLOBE NEWSWIRE) Pomerantz LLP announces that a class action lawsuit has been filed against Athenex, Inc. (“Athenex” or the “Company”) (NASDAQ: ATNX) and certain of its officers. The class action, filed in the United States District Court for the Western District of New York, and docketed under 21-cv-00413, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquire Athenex common stock between August 7, 2019 and February 26, 2021, inclusive (the “Class Period”). This action is brought on behalf of the Class for violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”), 15 U.S.C. §§ 78j(b) and 78t(a)
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in .
Pomerantz LLPApril 24, 2021 GMT
NEW YORK, April 23, 2021 (GLOBE NEWSWIRE) Pomerantz LLP announces that a class action lawsuit has been filed against Canoo, Inc. (formerly known as Hennessy Capital Acquisition Corp. IV) (“Canoo” or the “Company”) (NASDAQ: GOEV; GOEVW; HCAC; HCACW) and certain of its officers. The class action, filed in the United States District Court for the Central District of California, and docketed under 21-cv-03080, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired publicly-traded Canoo common stock and/or warrants from August 18, 2020, through and including March 29, 2021, (the “Class Period”), seeking to recover damages pursuant to Sections 10(b) and 20(a) of the Securities Exchange Ac
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Workhorse Group Inc., of Class Action Lawsuit and Upcoming Deadline – WKHS
Home / Top News / SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Workhorse Group Inc., of Class Action Lawsuit and Upcoming Deadline – WKHS
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Workhorse Group Inc., of Class Action Lawsuit and Upcoming Deadline – WKHS
NEW YORK, April 23, 2021 (GLOBE NEWSWIRE) Pomerantz LLP announces that a class action lawsuit has been filed against Workhorse Group Inc. (“Workhorse” or the “Company”) (NASDAQ: WKHS) and certain of its officers. The class action, filed in the United States District Court for the Central District of California, and docketed under 21-cv-02207, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or ot