Corporate crime

Andersen Welcomes Bill Spiller to the US National Tax Practice

Friday, September 25, 2020 - 2:30pm

Andersen announces the addition of Managing Director Bill Spiller to its US National Tax (USNT) transfer pricing practice.

Key Points: 
  • Andersen announces the addition of Managing Director Bill Spiller to its US National Tax (USNT) transfer pricing practice.
  • We are excited to have Bill join USNT and our growing global transfer pricing practice, said U.S. Country Managing Director, Dan DePaoli.
  • Prior to joining Andersen, Bill was a principal lead at Arthur Andersen.
  • Ellen MacNeil, Managing Director of US National Tax for Andersen commented, Bill is a great addition to our USNT team and to our rapidly expanding global transfer pricing practice.

NCLA Asks Full Fifth Circuit to Rehear Case Concerning Unlawful SEC Administrative Proceedings

Friday, September 25, 2020 - 12:04am

Ms. Cochran wants to challenge the unconstitutional protections from removal by the President enjoyed by Administrative Law Judges (ALJs) at the Securities and Exchange Commission (SEC).

Key Points: 
  • Ms. Cochran wants to challenge the unconstitutional protections from removal by the President enjoyed by Administrative Law Judges (ALJs) at the Securities and Exchange Commission (SEC).
  • Forcing her to go through a second unconstitutional SEC hearing before she can raise her constitutional objections is illogical.
  • The panel majority also misapplies a recent Fifth Circuit panel decision in the case of Bank ofLouisiana v. FDIC .
  • NCLA is a nonpartisan, nonprofit civil rights group founded by prominent legal scholarPhilip Hamburgerto protect constitutional freedoms from violations by the Administrative State.

FTC Refunds More Than $76,000 to Consumers Who Bought Deceptively Marketed “Miracle” Pain Cure for Older Adults

Thursday, September 24, 2020 - 10:01pm

The Federal Trade Commission is sending 4,782 checks totaling $76,368.54 to consumers who bought Isoprex, a supposed miracle pain supplement marketed to older Americans nationwide.

Key Points: 
  • The Federal Trade Commission is sending 4,782 checks totaling $76,368.54 to consumers who bought Isoprex, a supposed miracle pain supplement marketed to older Americans nationwide.
  • The FTC alleges that Renaissance Health Publishing, LLC falsely claimed to have tests and studies to back up their product claims.
  • The FTC never requires consumers to pay money or provide information to cash refund checks.
  • In 2019, FTC actions led to more than $373 million in refunds to consumers across the country.

FTC Adds New Charges, Additional Defendants in Case Against Alleged Pyramid Scheme

Thursday, September 24, 2020 - 10:01pm

The Federal Trade Commission has added new charges and defendants to its ongoing case against the operators of multiple alleged pyramid schemes.

Key Points: 
  • The Federal Trade Commission has added new charges and defendants to its ongoing case against the operators of multiple alleged pyramid schemes.
  • The amended complaint alleges that the defendants were operating an additional pyramid scheme known as VOZ Travel.
  • According to the amended complaint, the defendants sold consumers VOZ Travel memberships for at least $1,000 each.
  • In addition to the VOZ Travel charges, the complaint adds two additional corporate defendants: Nevada-based Enhanced Capital Funding and Uruguay-based corporation Rinpark SA.

FTC Refunds More Than $76,000 to Consumers Who Bought Deceptively Marketed “Miracle” Pain Cure for Older Adults

Thursday, September 24, 2020 - 10:01pm

The Federal Trade Commission is sending 4,782 checks totaling $76,368.54 to consumers who bought Isoprex, a supposed miracle pain supplement marketed to older Americans nationwide.

Key Points: 
  • The Federal Trade Commission is sending 4,782 checks totaling $76,368.54 to consumers who bought Isoprex, a supposed miracle pain supplement marketed to older Americans nationwide.
  • The FTC alleges that Renaissance Health Publishing, LLC falsely claimed to have tests and studies to back up their product claims.
  • The FTC never requires consumers to pay money or provide information to cash refund checks.
  • In 2019, FTC actions led to more than $373 million in refunds to consumers across the country.

FTC Adds New Charges, Additional Defendants in Case Against Alleged Pyramid Scheme

Thursday, September 24, 2020 - 10:01pm

The Federal Trade Commission has added new charges and defendants to its ongoing case against the operators of multiple alleged pyramid schemes.

Key Points: 
  • The Federal Trade Commission has added new charges and defendants to its ongoing case against the operators of multiple alleged pyramid schemes.
  • The amended complaint alleges that the defendants were operating an additional pyramid scheme known as VOZ Travel.
  • According to the amended complaint, the defendants sold consumers VOZ Travel memberships for at least $1,000 each.
  • In addition to the VOZ Travel charges, the complaint adds two additional corporate defendants: Nevada-based Enhanced Capital Funding and Uruguay-based corporation Rinpark SA.

FirstEnergy Receives Industry Recognition from Edison Electric Institute for Outstanding Service to Major Customers

Thursday, September 24, 2020 - 8:30pm

AKRON, Ohio, Sept. 24, 2020 /PRNewswire/ --FirstEnergy Corp. (NYSE: FE) has earned recognition from the Edison Electric Institute (EEI) for excellence in providing superior service to multisite National Account customers, such as big-box retailers and major restaurant chains.

Key Points: 
  • AKRON, Ohio, Sept. 24, 2020 /PRNewswire/ --FirstEnergy Corp. (NYSE: FE) has earned recognition from the Edison Electric Institute (EEI) for excellence in providing superior service to multisite National Account customers, such as big-box retailers and major restaurant chains.
  • FirstEnergy serves more than 200 national brands including retailers, restaurants and other industries, representing tens of thousands of electric meters in the company's six-state footprint.
  • The customer-oriented program allows multisite customers and electric company account representatives to develop efficient energy management strategies that can be integrated into facilities nationwide.
  • As a whole, the electric power industry supports more than 7 million jobs in communities across the United States.

Chartwells Higher Education Shares Four Safety Technologies Protecting Students

Thursday, September 24, 2020 - 7:00pm

Recognized leader in contract food service management Chartwells Higher Education today announced four safety technologies it has implemented on campuses across the country.

Key Points: 
  • Recognized leader in contract food service management Chartwells Higher Education today announced four safety technologies it has implemented on campuses across the country.
  • Even with the changes we made, we didnt want to sacrifice innovation, said Lisa McEuen, CEO of Chartwells Higher Education.
  • The following are four examples of safety technologies from Chartwells Higher Education:
    Online reservations and mobile booking: To help limit foot traffic and prevent over-crowding, Chartwells launched a new digital dining reservation system available online and on mobile.
  • Several of the safety technologies are part of Chartwells Path to Open plan, which is a tiered safety approach and innovative re-opening guide it created for its 300+ campus partners.

Colbeck Capital Management Joins MRM Risk Holdings in $50 Million Recapitalization Venture

Thursday, September 24, 2020 - 9:49pm

MRM Risk Holdings, Momentum Advanced Planning and their family of companies (the Company) have completed a $50 million recapitalization with Colbeck Capital Management (Colbeck) for growth capital and acquisitions within the insurance market.

Key Points: 
  • MRM Risk Holdings, Momentum Advanced Planning and their family of companies (the Company) have completed a $50 million recapitalization with Colbeck Capital Management (Colbeck) for growth capital and acquisitions within the insurance market.
  • The Company provides solutions for tax planning, asset protection, family office structure, family governance, risk management, philanthropy, and efficient wealth transfer.
  • Tom Povedano (CEO) and I are ready for the next phase of growth, Jason Colodne, a founding partner of Colbeck , said.
  • Colbeck ( www.colbeck.com ) is a strategic lender that partners with companies during periods of transition, providing creative capital solutions to meet their evolving needs.

Beazer Homes Announces Preliminary Operating Results

Tuesday, September 22, 2020 - 9:30pm

Ahead of an upcoming investor conference, Beazer Homes USA, Inc. (NYSE: BZH) ( www.beazer.com ) (the Company) today announced that, based on preliminary operating results, net new orders for the first two months of its fiscal fourth quarter were up 37% year-over-year with a 26% increase in July and a 48% increase in August.

Key Points: 
  • Ahead of an upcoming investor conference, Beazer Homes USA, Inc. (NYSE: BZH) ( www.beazer.com ) (the Company) today announced that, based on preliminary operating results, net new orders for the first two months of its fiscal fourth quarter were up 37% year-over-year with a 26% increase in July and a 48% increase in August.
  • We are very pleased with our results through the first two months of our fourth quarter, said Allan P. Merrill, Chairman and CEO of Beazer Homes.
  • The Company expects to report its full fourth quarter 2020 results in November and is not updating any additional guidance at this time.
  • Headquartered in Atlanta, Beazer Homes (NYSE: BZH) is one of the countrys largest homebuilders.