Tax credit for tech investors could triple under proposed New Jersey bill
TRENTON, N.J. — A new bill introduced in the New Jersey Senate would triple the state’s tax credit for investments in emerging technology startups, aiming to stimulate early-stage funding in smaller high-tech…
Founders of Crypto ICO Sentenced to Combined 8 Years in Prison for Tax Evasion After Raising $24 Million from Investors
The owners of a cryptocurrency company have been sentenced to a combined 8 years in federal prison for tax evasion, announced U.S. Attorney for the Northern District of Texas Chad E. Meacham.…
GE’s investors look for update on supply-chain, inflationary pressures
By Rajesh Kumar Singh CHICAGO – When General Electric Co’s investors gather on Thursday, they will focus on a potential hit to company profits from persistent supply-chain and inflationary woes. The Boston-based…
Japanese investors dump overseas bonds in February
By Gaurav Dogra – Japanese investors in February sold the most overseas debt in a month in nearly two years on concerns over monetary tightening by the world’s major central banks and…
Owners and Operators of Online Cryptocurrency Companies Indicted for Defrauding Investors
An 11-count indictment was unsealed today in federal court in Brooklyn charging Dwayne Golden, Gregory Aggesen, and Marquis Demacking Egerton, the owners and operators of the web-based virtual currency companies EmpowerCoin, ECoinPlus…
BUMBLE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Bumble Inc. – BMBL
NEW ORLEANS, March 4, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until March 25,…
SUNPOWER SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against SunPower Corporation – SPWR
NEW ORLEANS, March 4, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 18,…
GATOS SILVER SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Gatos Silver, Inc. – GATO
NEW ORLEANS, March 4, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 25, 2022…
EHEALTH SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Renewed Lead Plaintiff Deadline in Class Action Lawsuit Against eHealth, Inc. – EHTH
NEW ORLEANS, March 4, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until March 18,…
ELECTRIC LAST MILE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Electric Last Mile Solutions, Inc. f/k/a Forum Merger III Corp. – ELMS
NEW ORLEANS, March 4, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 4, 2022…
JPMorgan polls investors over potential exclusion of Russian debt from indexes
LONDON – JPMorgan, which runs the most widely used emerging market bond indexes, is polling investors over the potential exclusion of Russia’s local and hard currency debt from its benchmarks. In a…
Stuck but not sweating it: some U.S. investors in Russia not kneejerk-selling
By Davide Barbuscia NEW YORK – U.S. investors may be in a rush to dump Russian assets after Western allies hit Moscow with sanctions, but a few fund managers with a relatively…
Investors warn of unintended consequences as companies cut Russian ties
By Ross Kerber – A responsible-investing group representing $10 trillion of assets under management and advisement said companies could be right to cut Russian business ties to protest Moscow’s invasion of Ukraine,…
U.S. activist investors, Icahn cry foul over proposed stock disclosure rule
By Svea Herbst-Bayliss and Katanga Johnson – Activist investors including Carl Icahn say a U.S. proposal that would require them to disclose 5% stakes in companies days sooner than current rules could…
Indiana Real Estate Developer and Property Manager Admits Ponzi Scheme to Defraud Investors of Millions of Dollars
NEWARK, N.J. – A property developer and manager from Indiana today admitted his role in a scheme to defraud real estate investors, U.S. Attorney Philip R. Sellinger announced. Herbert Whalen, aka “Bert…
Multiple investors file to end Allianz lawsuits over funds collapse
FRANKFURT -A number of big investors on Monday filed to end their lawsuits against Allianz after a settlement was reached over their losses in a multibillion-dollar trading debacle at the German asset…
More investors join Russia exodus, find it hard to leave
By Simon Jessop, Karin Strohecker and Gwladys Fouche LONDON -The number of investors seeking to ditch their Russian holdings continued to grow on Monday following the country’s attack on Ukraine and despite…
Chinese investors make Ukraine war bets on oil, payment firms
SHANGHAI -Shares in energy firms and payment service companies rose sharply on Chinese markets on Monday as investors bet on stocks they saw potentially benefiting from the conflict in Ukraine, while a…
U.S. investors flee to money market funds amid Ukraine crisis
– U.S. investors purchased money market funds and withdrew cash from higher risk equity funds in the week to Feb. 23, as a rush for safety dominated markets in the run up…
Investors rush to money market funds in days before Russia’s Ukraine invasion
– Investors rushed for the safety of global money market funds while ditching equities for a second week in the seven days to Feb. 23 as risk aversion dominated markets in the…
U.S. Attorney Seeking Investors Defrauded by United Development Funding
The United States Attorney’s Office for the Northern District of Texas is searching for investors who may be victims of the conduct committed by United Development Funding (UDF) executives Hollis Morrison Greenlaw,…
Potential investors in India LIC’s giant IPO fret over govt control of insurer -sources
By Nupur Anand, Aftab Ahmed and Scott Murdoch MUMBAI – Prospective investors in Life Insurance Corp of India’s (LIC) $8 billion IPO are seeking assurances from company management that it will not…
Japanese investors step up overseas asset sales this year
– Japan’s domestic investors are selling foreign equities and bonds aggressively this year, on concerns over monetary tightening by the world’s major central banks and its impact across global equity and bond…
Analysis-‘Few places to hide’: investors seek shelter as stocks, bonds fall together
By Davide Barbuscia NEW YORK – Lockstep declines in bonds and stocks are sending investors into defensive products such as credit swaps, convertibles and even cash as they seek refuge from the…
Canadian dollar gains as investors assess hot inflation data
By Fergal Smith TORONTO – The Canadian dollar strengthened against its U.S. counterpart on Wednesday as oil prices rose and domestic data showed inflation further heating up in January. Canada’s annual inflation…
Madison Man Admits Defrauding Investors
Leonard C Boyle, United States Attorney for the District of Connecticut, announced that BRIAN HUGHES, 57, of Madison, pleaded guilty today before U.S. District Judge Janet Bond Arterton in New Haven to…
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