It’s hard to know who to trust these days. A Harvard MBA and military vet with experience managing a $1.15-billion hedge fund sounds like a good bet, right? Except that, according to the Securities and Exchange Commission, he just made up those credentials to gain...
Month: October 2022
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SEC: two advisors breached fiduciary duties, defrauded clients
Two North Carolina executives of a Malta-based investment advisory firm have been charged, along with the firm, with securities fraud by the Securities and Exchange Commission. The SEC is seeking more than $75 million in ill-gotten gains, plus interest, and a...
When Facebook became Meta, it may have infringed on a trademark
In 2021, Facebook rebranded itself as part of a new organization, Meta Platforms Inc., or "Meta." It is now valued at over $450 billion. It may not be allowed to continue using its new name, however, if the founders of MetaX LLC have their way in court. When companies...