News Muncher - category securities fraud

3 weeks, 4 days ago

Adani fraud allegations rock Indian Parliament as opposition demands probe into billionaire’s firms

NEW DELHI — India’s Parliament was disrupted for a third day Thursday by opposition parties protesting the government’s silence over allegations against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and a scheme to pay bribes. In the absence of a statement by the Indian government, Amit Malviya, the governing Bharatiya Janata Party’s IT head, …

India Sri Lanka Bangladesh Indian Opposition Group Parliament

3 weeks, 4 days ago

Adani Total Gas share price jumps 16% in early trade. What's driving the rally?

India Today

Shares of Adani Total Gas surged 16% in early trade on Thursday, continuing the recovery seen across Adani Group stocks. The rebound follows a clarification from Adani Green Energy addressing concerns over allegations of bribery by US authorities, which had initially caused a sharp dip in the group’s stocks. In its statement, Adani Green Energy clarified that key executives, including …

Group Adani Securities Fraud

3 weeks, 5 days ago

Adani Green Energy Refutes Bribery Charges Against Gautam Adani And Executives

ABP News

In the latest response to the allegations against the Adani Group, Adani Green Energy Ltd issued a clarification on Wednesday, stating that there is no charges of bribery against Gautam Adani, Sagar Adani, and senior executive Vneet Jaain by the US Department of Justice. “Media articles stating that our directors Gautam Adani, Sagar Adani, and Vneet Jaain have been charged …

Fraud Charges Gautam Adani Adani Count Securities Fraud Sagar Adani

Ex-attorney general Mukul Rohatgi ‘clears air’ on bribery charges against Adani

Hindustan Times

Senior advocate and former attorney general Mukul Rohatgi on Wednesday addressed the media to clarify allegations against Adani Group chairman Gautam Adani, his nephew Sagar Adani, and others, stemming from a criminal indictment and civil complaint by US prosecutors and regulators. Meanwhile, Adani Green Energy Ltd. on Wednesday morning filed an official response to stock exchanges under SEBI regulations, refuting …

Fraud Allegations Charges Stock Group Sec Gautam Adani

1 month ago

Indian-origin Sanjay Wadhwa of SEC to lead probe against Adani Group over bribery indictment: All you need to know

Live Mint

Indian-origin Sanjay Wadhwa, currently serving as the Acting Director of the US Securities and Exchange Commission’s Division of Enforcement, is reportedly spearheading the investigation into the recent allegations of bribery and fraud involving billionaire industrialist Gautam Adani, his nephew Sagar Adani, and other executives of the multinational Adani Group of companies. US bribery indictment scandal against Gautam Adani Gautam Adani …

Fraud Director Indian New York Securities Sec York

1 month, 1 week ago

US Supreme Court hears Nvidia bid to avoid securities fraud suit

Live Mint

By John Kruzel and Andrew Chung WASHINGTON -The U.S. Supreme Court began hearing arguments on Wednesday in Nvidia's bid to torpedo a securities fraud lawsuit accusing the artificial intelligence chipmaker of misleading investors about how much of its sales depended on the volatile cryptocurrency market. It is one of two cases to come before the Supreme Court this month that …

Fraud Court Lawsuit Case Suit Nvidia Facebook

6 months ago

Trump's son Barron launched DJT meme coin, reveals ‘Pharma Bro’, 'I've over 1000 pieces of evidence…'

Hindustan Times

Donald Trump and son Barron in trouble? Barron Trump 18, developed the TrumpCoin token with the agreement of his Donald Trump, and is in possession of the private keys to its smart contract address, claimed Martin Shkreli. Martin Shkreli, who is also known as "Pharma Bro," claimed that he and Barron Trump are responsible for the introduction of the enigmatic …

Trump Donald Trump Donald Son Coin Djt Solana

8 months, 3 weeks ago

Felony securities fraud charges against Ken Paxton to be dropped after 9 years

Raw Story

HOUSTON — Prosecutors on Tuesday agreed to drop the securities fraud charges facing Attorney General Ken Paxton if he performs community service and fulfills other conditions of a pretrial agreement, bringing an abrupt end to the nearly nine-year-old felony case that has loomed over the embattled Republican since his early days in office. “There is no admission of any wrongdoing …

Office Texas Case Charges Republican State Tribune

8 months, 3 weeks ago

Texas AG Ken Paxton reaches deal to end securities fraud charges after 9 years

Associated Press

HOUSTON — Texas Attorney General Ken Paxton on Tuesday agreed to pay nearly $300,000 in restitution under a deal to end criminal securities fraud charges that have shadowed the Republican for nearly a decade. Texas Attorney General Ken Paxton appears at a pretrial hearing in his securities fraud case before state District Judge Andrea Beall, Tuesday, March 26, 2024 at …

Trial Texas Case Republican Houston Prosecutors Dallas

1 year, 1 month ago

Attorney General Ken Paxton’s securities fraud trial set for April 15

Raw Story

Attorney General Ken Paxton ’s long-delayed trial on securities fraud charges has been set for April 15. The trial is a reminder that Paxton's legal problems persist even after the Texas Senate acquitted him last month in an impeachment trial on unrelated allegations. Paxton's lawyer Philip Hilder told reporters his side was "gratified" with the trial date and criticized the …

Fraud Pay Texas Judge Senate Prosecutors His Office

1 year, 4 months ago

Joe Lewis charged with insider trading – but what does it mean for Tottenham Hotspur?

New York Times

Editor’s note: This article has been amended following a complaint from Tottenham Hotspur and further clarification about Joe Lewis’s legal position post-publication. “Mr Joseph Lewis ceased to be a person with significant control of THL on 5th October 2022.” But in layman’s terms, it is perhaps worth pointing out that the Lewis family trust effectively controls just over 60 per …

London Trading Premier League Insider Trading Stock Chelsea Share

1 year, 11 months ago

Usain Bolt scammed as $12.7 million goes missing from investment account: Lawyers

The Hindu

Lawyers for Usain Bolt, one of the world’s greatest sprinters, said Wednesday that more than $12.7 million is missing from his account with a private investment firm in Jamaica that authorities are investigating. On its website, the company asked that clients direct all urgent queries to Jamaica's Financial Services Commission, which is investigating the firm. “It is tempting to doubt …

Jamaica Bolt Securities Limited

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