Financial regulation

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against UP Fintech Holding Limited and Encourages Investors with Losses to Contact the Firm

Retrieved on: 
Thursday, January 5, 2023
Class Action Lawsuit, Professional Services, Legal, Certification, Financial regulation, China Securities Regulatory Commission, Ethics, Financial technology, News, Suite, Hong Kong national security law, Private investigator

The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of UP Fintech Holding Limited (“UP Fintech” or “the Company”) (NASDAQ: TIGR ) for violations of the securities laws.

Key Points: 
  • The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of UP Fintech Holding Limited (“UP Fintech” or “the Company”) (NASDAQ: TIGR ) for violations of the securities laws.
  • The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
  • We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against UP Fintech Holding Limited and Encourages Investors with Losses to Contact the Firm

Retrieved on: 
Wednesday, January 4, 2023
Class Action Lawsuit, Professional Services, Legal, Certification, Financial regulation, China Securities Regulatory Commission, Ethics, Financial technology, News, Suite, Hong Kong national security law, Private investigator

The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of UP Fintech Holding Limited (“UP Fintech” or “the Company”) (NASDAQ: TIGR ) for violations of the securities laws.

Key Points: 
  • The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of UP Fintech Holding Limited (“UP Fintech” or “the Company”) (NASDAQ: TIGR ) for violations of the securities laws.
  • The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
  • We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against UP Fintech Holdings Limited (TIGR)

Retrieved on: 
Wednesday, January 4, 2023
Class Action Lawsuit, Professional Services, Legal, Financial regulation, China Securities Regulatory Commission, Financial technology, News, UP, Kirby, Australian securities law, Private investigator

The law firm of Kirby McInerney LLP is investigating potential claims against UP Fintech Holdings Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR ).

Key Points: 
  • The law firm of Kirby McInerney LLP is investigating potential claims against UP Fintech Holdings Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR ).
  • The investigation concerns whether UP Fintech and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
  • UP Fintech operates as a holding company and, through its subsidiaries, provides online securities brokerage services.
  • Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.

SHOT VENTURES PROBES OREGON CANNABIS FINANCIAL SERVICES COMPANY LEFT COAST FINANCIAL SOLUTIONS, REGULATOR INVESTIGATION UNDERWAY

Retrieved on: 
Wednesday, December 21, 2022
Venture, Left Coast, Oregon Department of Consumer and Business Services, FDIC, Consumer, Financial Crimes Enforcement Network, Oregon Department of Revenue, Chapter 11, Title 11, United States Code, Interview, US Treasury specimen book, Financial regulation, United States Department of the Treasury, IRS, LCFS, LIC, ACH, Money transmitter, Cannabis, Corporate services, Cryptocurrency

#1816112 ) and in parallel, is being investigated as of December 6 by the division Division of Financial Regulation - Dept.

Key Points: 
  • #1816112 ) and in parallel, is being investigated as of December 6 by the division Division of Financial Regulation - Dept.
  • The married LCFS cofounders contacted venture capital firm Shot Ventures for investment and to solve challenges.
  • In the process, the Board of Directors and Shot Ventures became aware of potential liquidity issues, and shortly thereafter the cofounder couple resigned.
  • Shot Ventures is not an investor in LCFS and the special investigation team has not announced dates for completion of this auditing process.

SEC Charges Four Individuals in Crypto Pyramid Scheme that Targeted Spanish-Speaking Communities

Retrieved on: 
Wednesday, December 14, 2022
Dorado, Security (finance), Florida Department, Financial services, New York City Police Department corruption and misconduct, Insurance fraud, Bureau, 2009 Brazilian federal budget, Commission, Investment, State Security Investigations Service, Financial regulation, Mining, Property, Division, Forensic Services, Cryptocurrency

These memberships purportedly gave investors an interest in profits from Forcount’s supposed crypto asset trading and mining operations.

Key Points: 
  • These memberships purportedly gave investors an interest in profits from Forcount’s supposed crypto asset trading and mining operations.
  • Investors could also participate in Forcount’s referral program, which, as the complaint alleges, incentivized recruiting new victims.
  • In a parallel action, the U.S. Attorney’s Office for the Southern District of New York today announced criminal charges against Da Silva and Tacuri.
  • The SEC’s ongoing investigation is being conducted by Shannon Keyes and Christopher Mele of the SEC’s New York Regional Office.

CCRcorp Announces Leadership Changes to Editorial Team

Retrieved on: 
Wednesday, December 7, 2022
Law, Publication, Japan Association of Corporate Executives, Liz, Chambers, Corporate governance, Managing editor, Pragmatism, Esther Dunshee Bower, Association of Corporate Counsel, ESG, American Bar Association, Financial regulation, Corporate title, Fredriksson, Cleveland–Marshall College of Law, Sky News presenters and editorial team, Lawyer, Multimedia, Partner, International Ship and Port Facility Security Code, Private practice, News, Management, Publishing, Woman, Calfee

AUSTIN, Texas, Dec. 7, 2022 /PRNewswire/ -- CCRcorp, a legal publishing company that provides practical guidance on legal issues impacting today's corporate practitioner, wishes to recognize Managing Editor Liz Dunshee as she returns to private practice.

Key Points: 
  • "I appreciate Liz's leadership over the last three years on the Editorial Team," said Mel Yarbrough, CEO of CCRcorp.
  • "I am pleased she will continue to work with the team as a Senior Editor and that John will move into the Managing Editor role.
  • "I know that the Editorial Team and our members are in excellent hands under John's leadership, and that our members will continue to receive practical guidance, direct from the experts.
  • For more information on our products and the Editorial Team, call us at 800-737-1271 or visit CCRcorp.com .

Highlights - Public Hearing on the ARACHNE risk scoring tool - Committee on Budgetary Control

Retrieved on: 
Thursday, December 1, 2022
Fraud, Financial Regulator, Member, Commission, Hearing, Committee, Financial regulation, EP, European Parliament Committee on Budgetary Control, Audit

Public Hearing on the ARACHNE risk scoring tool

Key Points: 
  • Public Hearing on the ARACHNE risk scoring tool
    01-12-2022 - 18:27
    On 5 December 2022, the Committee on Budgetary Control (CONT) will hold a public hearing on Instruments and Tools at EU Level and Developed at Member State Level to Prevent and Tackle Fraud - ARACHNE.
  • Increasingly, the Commission and Member States use digital tools to detect, prevent and correct fraud.
  • The Commission makes its digital risk scoring tool ARACHNE available for the Member States in shared management and proposes to make the use of ARACHNE compulsory, also under direct and indirect management, in the recast of the Financial Regulation.
  • In this public hearing, experts from the Commission as well as from Italy and Poland will share their experience with ARACHNE and the systems and tools these Member States have developed themselves.

Max Stock Limited Reports Third Quarter 2022 Financial Results

Retrieved on: 
Monday, November 28, 2022
Marketing, Growth, Financial Security Law of France, EBITDA, Interest expense, ILS, EPS, Investment, Net, Financial regulation, Inventory, TASE, Depreciation, Dream Big, Healthcare, Real estate, Holding company, Retail, Video game, Coffee, Clothing

CAESAREA, Israel, Nov. 28, 2022 /PRNewswire/ -- Max Stock Limited (TASE: MAXO) (the "Company") today reported financial results for third quarter ended September 30, 2022.

Key Points: 
  • CAESAREA, Israel, Nov. 28, 2022 /PRNewswire/ -- Max Stock Limited (TASE: MAXO) (the "Company") today reported financial results for third quarter ended September 30, 2022.
  • Revenue increased 14.8% to ILS 293.5 million in the third quarter 2022 as compared with revenue of ILS 255.6 million in the third quarter 2021.
  • Gross profit increased 19.4% to ILS 117.7 million in the third quarter 2022 from ILS 98.6 million in the third quarter 2021.
  • The Company will host a conference call on November 28, 2022 at 8:30 a.m. Eastern Standard Time to discuss third quarter fiscal 2022 results.

RevoluGROUP Canada Inc. Signs Mutual Business Development Strategy Furthering Equity Investment Talks

Retrieved on: 
Friday, November 25, 2022
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Today's Business Development Agreement projects a defined mutual understanding and future strategy should the Equity Investment occur.

Key Points: 
  • Today's Business Development Agreement projects a defined mutual understanding and future strategy should the Equity Investment occur.
  • The parties have agreed to a comprehensive 2-year plan to initiate on the day of the eventual equity acquisition.
  • Today's advent of approving the mutual underlying business plan is considered a notable continued positive advancement in the talks.
  • For further information on RevoluGROUP Canada Inc. (TSX-V: REVO), visit the Company's website at www.RevoluGROUP.com .

Field Trip Health & Wellness Ltd. Strengthens Leadership Team With Two Executive Appointments, Schedules Fiscal Second Quarter 2023 Conference Call

Retrieved on: 
Tuesday, November 22, 2022
Mental health, Public health, Addiction, Human, Partner, Alternative medicine, Corporation, SEDAR, Financial regulation, Master, University, Curriculum, Field trip, Regulatory compliance, Conference, Centre for Addiction and Mental Health, TSX Venture Exchange, Patient, Education, Medicine, CAMH, Assistant, Wellness, Pharmacology, Risk, Division, General counsel, University of New Brunswick, Toxicology, Webcast, Financial technology, Depression, Osgoode Hall Law School, Research, Bachelor of Science, TMX Group, Senior, Addiction medicine, Management, Pharmaceutical industry

TORONTO, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Field Trip Health & Wellness Ltd. (TSXV: FTHW) (the "Company" or “Field Trip”), a global leader in the delivery of psychedelic therapies, today announced that it has strengthened its leadership team with the hiring of two senior executives.

Key Points: 
  • The Company has appointed Stacey Hoisak as Senior Vice President, General Counsel, and Dr. Monique Moller as Vice President, Integrative Health.
  • Ronan Levy, Chairman & CEO, commented, We have deepened the expertise of the Field Trip leadership team with these talented individuals as we head into this pivotal phase of our growth plans.
  • Most recently, Ms. Hoisak held the roles of Chief Executive Officer, Chief Legal Officer, Chief Privacy Officer and Director of Coinsquare Ltd.
  • A live webcast of the conference call can be accessed via the Events and Presentations section of the Field Trip Health & Wellness Investor Relations website here .