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Ill. Judge Trims Claims in Detroit Hotel's COVID Coverage Bid - Vimarsana News

Ill. Judge Trims Claims in Detroit Hotel's COVID Coverage Bid

The owner of a Detroit hotel that hosted NBA star Rudy Gobert just before the revelation of his league-shaking 2020 COVID-19 infection can't claim that the virus caused physical damage to the premises, an Illinois state judge ruled on Friday.

Source: law360.com
SEC Awards Total Of $40M To 2 Whistleblowers - Vimarsana News

SEC Awards Total Of $40M To 2 Whistleblowers

The U.S. Securities and Exchange Commission announced Friday that it had awarded a total of $40 million to a pair of whistleblowers who kick-started a successful enforcement action, despite the fact that one informant waited years to report the misconduct.

Source: law360.com
Oracle Investors Want Class Cert. In Securities Fraud Suit - Vimarsana News

Oracle Investors Want Class Cert. In Securities Fraud Suit

A group of Oracle Corp. investors who accused the tech company of covering up coercive sales techniques used by its cloud computing business has asked a California federal court to grant class certification of their securities fraud claims.

Source: law360.com
Oracle Investors Want Class Cert In Securities Fraud Suit - Vimarsana News

Oracle Investors Want Class Cert In Securities Fraud Suit

A group of Oracle Corp. investors who accused the tech company of covering up coercive sales techniques used by its cloud computing business has asked a California federal court to grant class certification of their securities fraud claims.

Source: law360.com
SEC Says Trader Scored $14M Profit As Unregistered Dealer - Vimarsana News

SEC Says Trader Scored $14M Profit As Unregistered Dealer

The U.S. Securities and Exchange Commission has alleged that a securities trader operating out of his suburban Minnesota home pulled in millions in brokerage fees and penny stock issuances without ever registering as a broker.

Source: law360.com