Somerset tax preparer admits to filing false returns causing $550K IRS loss
SOMERSET, NJ — A Somerset man has admitted to preparing fraudulent tax returns that led to more than $550,000 in losses to the Internal Revenue Service, according to court documents and statements…
Losses widen, cash needed at chip startup Graphcore, an Nvidia rival -filing
By Max A. Cherney (Reuters) – Artificial intelligence chipmaker Graphcore said it needed to raise cash due to widening losses, according to a filing, as Nvidia’s dominance in AI chips has chilled…
Montalvo Tax Service Owner Sentenced to 3 Years for Filing False Returns
HOUSTON, TX – Jean Montalvo, the owner of Montalvo Tax Service, has been sentenced to 36 months in federal prison for making and subscribing a false return. Montalvo pleaded guilty on June…
Newark Man Arrested for Filing False Carjacking Report
NEWARK, DE – An investigation by the Newark Police Department Criminal Investigations Division has led to the arrest of a man for falsely reporting a carjacking incident on Library Avenue. On September…
Activist investor Politan Capital increases ownership in Azenta -filing
By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist investor Politan Capital Management said on Thursday that it has economic exposure to 4.5 million shares or 7.5% of biotechnology company Azenta Inc, according…
Apple inks new long-term deal with Arm for chip technology – filing
By Stephen Nellis (Reuters) – Apple has signed a new deal with Arm for chip technology that “extends beyond 2040,” according to Arm’s initial public offering documents filed on Tuesday. Arm unveiled…
Former Trump aide Meadows pleads not guilty to Georgia election subversion charges -court filing
WASHINGTON (Reuters) – Former White House Chief of Staff Mark Meadows has waived a formal arraignment and pleaded not guilty in the Georgia election subversion case, according to a court filing on…
Instacart reveals IPO filing, disclosing PepsiCo investment, profitability
By Niket Nishant and Anirban Sen (Reuters) -Grocery delivery service Instacart on Friday said its core business turned profitable after making public its filing for a long-awaited stock market launch, while also…
Marketing firm Klaviyo discloses revenue growth, profitability in IPO filing
(Reuters) -Data and marketing automation firm Klaviyo disclosed its paperwork for an initial public offering (IPO) on Friday, reporting a surge in revenue growth and profitability in its most recent quarter. Boston-based…
Georgia prosecutor wants October start for Trump election trial -filing
WASHINGTON (Reuters) – The Fulton County, Georgia prosecutor pursuing election subversion charges against Donald Trump has proposed an Oct. 23, 2023 start for a trial against the former U.S. president and his…
China Evergrande says bankruptcy protection filing does not involve petition
(Reuters) – Embattled property developer China Evergrande Group said on Friday its application to the U.S. Court for bankruptcy protection is a normal procedure for offshore debt restructuring and does not involve…
Hunter Biden’s senior lawyer seeks to withdraw from case – filing
(Reuters) – Christopher Clark, the senior lawyer representing Hunter Biden, is seeking to withdraw from the case involving the U.S. president’s son on the grounds he might be called to testify, according…
Ant group quarterly profit rises 17.5% on year to 13.37 billion yuan – Alibaba filing
SHANGHAI (Reuters) – China’s Ant Group made net profit of 13.37 billion yuan ($1.85 billion) in the three months to March 31, up 17.5% from a year earlier, according to Reuters calculations…
Trucking firm Yellow considers asset sale through bankruptcy filing – Bloomberg News
(Reuters) – Trucking firm Yellow is considering a sale of assets and real estate through a bankruptcy filing, which may come as soon as this weekend, Bloomberg News reported on Friday, citing…
Wilmington Woman Charged for Filing False Carjacking Report with Police
WILMINGTON, DE – The Delaware State Police arrested Iris Alpizar, a 42-year-old resident of Wilmington, Delaware, for providing false information about a carjacking incident earlier this month. On July 10, at approximately…
US Virgin Islands Gave Jeffrey Epstein $300 Million In Tax Incentives, JPMorgan Filing Says
US Virgin Islands Gave Jeffrey Epstein $300 Million In Tax Incentives, JPMorgan Filing Says Will Kessler on June 21, 2023 The U.S. Virgin Islands (USVI) gave deceased convicted sex offender Jeffrey Epstein…
Hunter Biden to make initial court appearance on July 26 -court filing
(Reuters) – U.S. President Joe Biden’s son Hunter Biden will make an initial appearance in federal court in Delaware on July 26 to face misdemeanor tax and gun-related charges, a court filing…
‘Actually Not Free’: Prominent CEO Pours Cold Water On Biden Admin’s Planned Gov’t-Run Tax Filing System
‘Actually Not Free’: Prominent CEO Pours Cold Water On Biden Admin’s Planned Gov’t-Run Tax Filing System Jason Cohen on May 24, 2023 Intuit CEO Sasan Goodarzi attacked the Biden administration’s planned rollout…
Credit Suisse neared its cash limits days before rescue, filing shows
By Kirstin Ridley and Stefania Spezzati LONDON (Reuters) – Credit Suisse came close to falling below minimum levels of cash held at the Swiss central bank days before its forced takeover by…
KKR-backed Envision Healthcare plans bankruptcy filing – WSJ
(Reuters) -KKR & Co Inc-backed Envision Healthcare Corp is planning to file for Chapter 11 bankruptcy protection, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The filing,…
Morgan Stanley in talks to resolve probes into block trading practices – filing
(Reuters) – Morgan Stanley is looking to resolve more than a year long investigation by U.S. regulators into its block trading practices, the Wall Street bank said in a filing on Tuesday.…
US SEC nears deal with ex-Coinbase employee accused of insider trading -filing
By Chris Prentice NEW YORK (Reuters) – The U.S. Securities and Exchange Commission is nearing a settlement with a former Coinbase Global Inc product manager in a landmark case of insider trading…
Ant Group quarterly net profit plunges by 82.7% -Alibaba filing
SHANGHAI (Reuters) – China’s Ant Group on Thursday made net profit of 3.05 billion yuan ($442.13 million) in the three months to Sept. 30, down 82.7% from a year earlier, according to…
Queens Pharmacist Pleads Guilty to Illegally Distributing Oxycodone and Filing False Tax Returns
Daniel E. Russo pleaded guilty today in federal court in Brooklyn to conspiracy to distribute and possess with intent to distribute oxycodone, distribution and possession of oxycodone, and nine counts of filing…
Brazil’s Americanas requests financing of at least $197 million -filing
(Reuters) – Brazilian retailer Americanas SA has requested debtor-in-possession financing of at least 1 billion reais ($197.12 million) as part of its bankruptcy process, according to a securities filing Tuesday. The financing…
Party City plans bankruptcy filing within weeks – WSJ
(Reuters) – Party City Holdco Inc is preparing to file for bankruptcy within weeks as its cash dwindled and inflation dampened sales, the Wall Street Journal reported on Friday, citing people familiar…
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