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Exclusive-U.S. FDIC is probing former First Republic Bank directors and officers - Vimarsana News

Exclusive-U.S. FDIC is probing former First Republic Bank directors and officers

(Reuters) -The Federal Deposit Insurance Corporation (FDIC) is investigating potential misconduct by executives and board members of First Republic Bank, raising the prospect of stiff penalties for the failed bank's former bosses. "We can confirm a D&O probe into First Republic is taking place," a spokesperson told Reuters on Wednesday, referring to the bank's directors and officers. The investigation, which has not previously been reported, is the third the FDIC has opened into bank failures earlier this year which cost the federal government's deposit insuranc...

Source: yahoo.com
Exclusive-U.S. FDIC is probing former First Republic Bank directors and officers - spokesperson - Vimarsana News

Exclusive-U.S. FDIC is probing former First Republic Bank directors and officers - spokesperson

By Douglas Gillison and Chris Prentice (Reuters) -The Federal Deposit Insurance Corporation (FDIC) is investigating potential misconduct by executives and ...

SolarWinds CISO Sued for Fraud by US SEC - Vimarsana News

SolarWinds CISO Sued for Fraud by US SEC

The password was ‘solarwinds123’: SUNBURST still reverberates as SolarWinds CISO Timothy Brown co-defends SEC lawsuit.

US progressive groups ask DOJ to reverse new M&A safe harbor policy - Vimarsana News

US progressive groups ask DOJ to reverse new M&A safe harbor policy

More than a dozen groups are pressing the U.S. Justice Department to retreat from a new policy they say gives a "free pass" to corporate wrongdoers, a sign of mounting criticism among progressives of enforcement under President Joe Biden. Demand Progress, Public Citizen and 12 other progressive non-profit organizations and lobbying groups want Attorney General Merrick Garland and Deputy Attorney General Lisa Monaco to reverse the policy designed to coax companies to disclose misconduct they uncover during mergers and acquisitions, according to a letter sent on Friday. The "new...

Source: yahoo.com
US progressive groups ask DOJ to reverse new M&A safe harbor policy - Vimarsana News

US progressive groups ask DOJ to reverse new M&A safe harbor policy

More than a dozen groups are pressing the U.S. Justice Department to retreat from a new policy they say gives a free pass to corporate wrongdoers, a sign of mounting criticism among progressives of...