Daily docket: February 20, 2024
Today's daily thought and a birth announcement.
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Today's daily thought and a birth announcement.
/PRNewswire/ -- Bank of America today announced more than $1.5 million in grants to 28 New Jersey nonprofits to help drive economic opportunity for individuals...
<p><span>The Securities and Exchange Commission today charged New York-based SCWorx Corp. and its former Chief Executive Officer and Chairman of the Board, Marc S. Schessel, with making false and misleading statements about SCWorx’s plans to distribute COVID-19 rapid test kits in April 2020. SCWorx has agreed to settle the SEC’s charges and will pay a $125,000 civil penalty.</span></p>
<p><span>The Securities and Exchange Commission today charged Allen C. Giltman, a former registered investment professional, with allegedly participating in a long-running fraudulent scheme to lure investors into buying fictitious certificates of deposit (CDs). The scheme resulted in victims, primarily older adults investing their retirement savings, losing at least $40 million.</span></p>
Auditor Charged for Failure to Register with PCAOB and Multiple Audit Failures Details Written by IVN Washington, DC - The Securities and Exchange Commission Monday announced the institution of administrative proceedings against a Texas-based CPA for allegedly failing to register his firm with the Public Company Accounting Oversight Board (PCAOB) and alleged wholesale failures in auditing and reviewing the financial statements of a public company client. According to the SEC’s order, the Enforcement Division and the Office of the Chief Accountant (OCA) allege tha...