Fraud

American Electric Power Company, Inc. Investors: Company Investigated by the Portnoy Law Firm

Corruption, Fraud, Securities fraud
Friday, August 7, 2020 - 1:00pm

LOS ANGELES, Aug. 07, 2020 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises American Electric Power Company Inc. ("AEP" or the "Company") (NYSE: AEP) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Key Points: 
  • LOS ANGELES, Aug. 07, 2020 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises American Electric Power Company Inc. ("AEP" or the "Company") (NYSE: AEP) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
  • Investors are encouraged to contact attorney Lesley F. Portnoy ,by phone 310-692-8883 or email : lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com .
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors options for pursuing claims to recover their losses.
  • The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing.

USAGov's Five Tips for Reporting a Scam

Fraud, Deception, Confidence tricks, Spamming, Human behavior, Social engineering, Crimes, General Services Administration, USA.gov, eMail, Mass marketing fraud, Spoofed URL
Wednesday, August 5, 2020 - 8:08pm

Follow these five tips to know why, how, and where to report a scam:

Key Points: 
  • Follow these five tips to know why, how, and where to report a scam:
    Collect information like email addresses, receipts, and phone numbers associated with the scam.
  • The FTC works to protect consumers and offers tips to help safeguard personal information.
  • By reporting a scam, you could help identify fraudsters, bring them to justice, and protect yourself and others in the future.
  • Learn more about reporting scams and how to protect your information from unwanted use at USA.gov/Stop-Scams-Frauds .

Phishing and Spoofing Attacks on Global Enterprises Intensify, Reports Agari

Crime, Spamming, Fraud, Social engineering, Confidence tricks, Cybercrime, Phishing, eMail, Human behavior
Wednesday, August 5, 2020 - 12:00pm

80% of FTSE 100 companies are vulnerable to outbound brand impersonation attacks by email scammers.

Key Points: 
  • 80% of FTSE 100 companies are vulnerable to outbound brand impersonation attacks by email scammers.
  • "Newer email-based attacks evade traditional controls and employees are still falling victim to these attacks despite the heightened attention on phishing."
  • Most large enterprises have a blind spot and don't know who is really sending emails on their behalf.
  • It also protects the workforce from devastating inbound BEC, VEC, spearphishing, and account takeover-based attacks, reducing business risk and restoring trust to the inbox.

Fraud Attacks Double in 2020 as COVID-19 Transforms the Digital Economy, Reveals Arkose Labs

Arkose, Sandstone, Fraud, Human behavior, Articles
Tuesday, August 4, 2020 - 1:54pm

SAN FRANCISCO, Aug. 04, 2020 (GLOBE NEWSWIRE) -- Arkose Labs today revealed new data showing the impact of the rapidly evolving nature of online fraud.

Key Points: 
  • SAN FRANCISCO, Aug. 04, 2020 (GLOBE NEWSWIRE) -- Arkose Labs today revealed new data showing the impact of the rapidly evolving nature of online fraud.
  • In the first half of 2020, the Arkose Labs network detected and stopped 1.1 billion attacks.
  • 21% of all attacks were on mobile transactions in the first half of 2020, the Arkose Labs Q3 2020 Fraud and Abuse Report revealed.
  • The Q3 Arkose Labs Fraud and Abuse Report is based on actual user sessions and attack patterns that were analyzed by the Arkose Labs Fraud and Abuse Prevention Platform from April to June 2020.

Intellicheck Collaborates with Ipsidy to Offer Comprehensive Solution To Spiraling Account Takeover Fraud

Food, Beverage, Security, Retail, Software, Convenience store, Internet, Online Retail, Luxury, Discount, Variety, Department Stores, Technology, Mobile, Wireless, Office Products, Restaurant, Bar, Wine & Spirits, Tobacco, Supermarket, Specialty, Money, Economy, Finance, Corporate finance, Takeover, Banking, Fraud, Cheque
Tuesday, August 4, 2020 - 1:13pm

Intellicheck CEO Bryan Lewis said, Account takeover incidents jumped 74 percent in 2019 at a significant cost to consumers and merchants.

Key Points: 
  • Intellicheck CEO Bryan Lewis said, Account takeover incidents jumped 74 percent in 2019 at a significant cost to consumers and merchants.
  • This new product offering is an effective and efficient answer to the surging incidents of account takeovers throughout North America.
  • There is an ongoing need to protect the business and the legitimate account holder from fraudulent account takeovers.
  • This agreement brings together both service offerings to effectively deter identity fraud and account takeover in todays digital world.

Shift Technology Selected by iA Auto and Home Insurance to Identify Suspicious P&C Claims

Insurance, Types of insurance, Fraud, Insurance law
Tuesday, August 4, 2020 - 11:30am

The insurer will deploy Force , Shift's fraud detection solution to uncover suspicious behaviors and potentially fraudulent claims related to policyholder losses.

Key Points: 
  • The insurer will deploy Force , Shift's fraud detection solution to uncover suspicious behaviors and potentially fraudulent claims related to policyholder losses.
  • Force applies artificial intelligence and advanced data science to the insurance claims process to identify those claims that may be fraudulent.
  • Shift Technology delivers the only AI-native fraud detection and claims automation solutions built specifically for the global insurance industry.
  • Shift has analyzed hundreds of millions of claims to date and was presented Frost & Sullivan's 2020 Global Claims Solutions for Insurance Market Leadership Award.

SHAREHOLDER REMINDER: Block & Leviton LLP Continues to Investigate Tactile Systems Technology, Inc. for Possible Securities Laws Violations; Investors Who Lost Money Should Contact the Firm

Corruption, Fraud, Securities fraud, Security, Crimes, Deception, Crime
Monday, August 3, 2020 - 9:51pm

In this report, OSS Research asserted, among other things, that the likely true source of Tactiles growth is a kickback arrangement .

Key Points: 
  • In this report, OSS Research asserted, among other things, that the likely true source of Tactiles growth is a kickback arrangement .
  • Block & Leviton LLP ( www.blockleviton.com ), a national securities litigation firm, is investigating whether TCMD and certain of its executives may be liable for potential securities fraud.
  • Block & Leviton LLP is a firm dedicated to representing investors and maintaining the integrity of the countrys financial markets.
  • The firm represents many of the nations largest institutional investors as well as individual investors in securities litigation throughout the United States.

Tupperware Brands Corporation Investors: Company Investigated by the Portnoy Law Firm

Corruption, Fraud, Securities fraud
Monday, August 3, 2020 - 8:56pm

LOS ANGELES, Aug. 03, 2020 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Tupperware Brands Corporation Investors ("Tupperware" or the "Company") (NYSE: TUP) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Key Points: 
  • LOS ANGELES, Aug. 03, 2020 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Tupperware Brands Corporation Investors ("Tupperware" or the "Company") (NYSE: TUP) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
  • Investors are encouraged to contact attorney Lesley F. Portnoy ,by phone 310-692-8883 or email : lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com .
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors options for pursuing claims to recover their losses.
  • The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing.

Former Department of Justice Trial Attorney Michael Shaheen Joins Crowell & Moring

Crowell & Moring, Moring, False Claims Act, Fraud, Crime, Decades
Monday, August 3, 2020 - 2:35pm

WASHINGTON, Aug. 3, 2020 /PRNewswire/ --Crowell & Moring is expanding its False Claims Act (FCA) practice with the addition of Michael Shaheen , who joins the firm from the U.S. Department of Justice (DOJ), where he was a Trial Attorney in the Commercial Litigation Branch's Fraud Section.

Key Points: 
  • WASHINGTON, Aug. 3, 2020 /PRNewswire/ --Crowell & Moring is expanding its False Claims Act (FCA) practice with the addition of Michael Shaheen , who joins the firm from the U.S. Department of Justice (DOJ), where he was a Trial Attorney in the Commercial Litigation Branch's Fraud Section.
  • While at DOJ, Shaheen's roles on False Claims Act cases ranged from lead investigator to first chair trial attorney.
  • Shaheen joins as a partner in the Health Care and White Collar & Regulatory Enforcement groups and will be based in Washington, D.C.
  • Crowell & Moring LLP is an international law firm with approximately 550 lawyers representing clients in litigation and arbitration, regulatory, and transactional matters.

Spring Bank Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether The Merger Of Spring Bank Pharmaceuticals, Inc. Is Fair To Shareholders; Investors Are Encouraged To Contact The Firm

Financial markets, Stock market, Finance, Financial economics, Equity securities, Corruption, Fraud, Securities fraud, Security, Stock
Saturday, August 1, 2020 - 1:53am

Under the terms of the share exchange agreement, Spring Bank will acquire all of the outstanding share capital of F-star in exchange for the issuance of newly issued shares of Spring Bank common stock.

Key Points: 
  • Under the terms of the share exchange agreement, Spring Bank will acquire all of the outstanding share capital of F-star in exchange for the issuance of newly issued shares of Spring Bank common stock.
  • Spring Bank shareholders will own approximately 38.8% of the combined company.
  • Halper Sadeh LLPrepresents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.