Category: Regulation
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Johnson Fistel Investigates Lifecore Biomedical for Potential Securities Law Violations
Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of securities laws by Lifecore Biomedical, Inc. (NASDAQ: LFCR) following the company’s restatement of financial statements, which led to…
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Zimmerman Law Offices PC Files Class Action Lawsuit Against Change Healthcare Inc., UnitedHealth Group Inc., UnitedHealthcare Inc., and Optum
Zimmerman Law Offices PC and DannLaw have filed a class action lawsuit on behalf of healthcare providers and pharmacies affected by the Change Healthcare data breach. The lawsuit alleges that…
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TikTok Encourages U.S. Users to Contact Senators, Oppose Ban Legislation
TikTok published a notification to some U.S. users, urging them to contact their senators and request a vote against a bill that could lead to a ban on the popular…
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Biden Administration Escalates Pressure on China’s SMIC with Import Restrictions
The Biden administration has intensified its scrutiny of China’s top sanctioned chipmaker, Semiconductor Manufacturing International Corp (SMIC), by cutting off its most advanced factory from further American imports. This move…
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SEC Orders UBS Financial Services Inc. to Transfer Remaining Funds and Terminates Fair Fund
The Securities and Exchange Commission (SEC) has issued an order authorizing UBS Financial Services Inc. to transfer the remaining funds of $20,487.50, which are infeasible to return to investors, to…
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SEC Charges Andrew M. Komarow for Securities Trading Scheme
The Securities and Exchange Commission (SEC) has initiated administrative proceedings against Andrew M. Komarow for his involvement in a securities trading scheme. Komarow, a resident of Avon, Connecticut, was a…
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SEC Hits Christian Fernandez with Cease-and-Desist for Deceptive Practice
The Securities and Exchange Commission (SEC) has initiated cease-and-desist proceedings against Christian Fernandez, also known as Christian Crockwell, for his involvement in a scheme to deceive investors. The scheme involved…
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SpaceX Fined Over Worker Safety Violations After ‘Near Amputation’ Incident
Elon Musk’s SpaceX was fined $3,600 by U.S. worker safety officials this month following an accident at its Washington state facility, which resulted in a “near amputation” event, as per…
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