United States Department of Justice Tax Division

OPTIFINO, REDEFINES LIFE INSURANCE BY BRIDGING TECHNOLOGY WITH EXPERTS THAT HAVE A COLLECTIVE 100+ YEARS IN THE LIFE INSURANCE INDUSTRY.

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Monday, October 30, 2023

Insurance, Pinpoint, Policy, Silicon, IRS, United States Department of Justice Tax Division, Economics, Family, Aftercare, Transamerica, Arch, Rettig, Investment, Dot, Financial services

NEW YORK, Oct. 30, 2023 /PRNewswire/ -- Optifino, redefines the life insurance industry by bridging technology and industry experts with a collective 100+ years in designing, underwriting, onboarding, and active management of the insurance portfolio. Today, Optifino proudly introduces its distinguished advisory board, composed of industry thought leaders and practitioners.

Key Points:

NEW YORK, Oct. 30, 2023 /PRNewswire/ -- Optifino , redefines the life insurance industry by bridging technology and industry experts with a collective 100+ years in designing, underwriting, onboarding, and active management of the insurance portfolio.
Optifino is a life insurance fintech company backed by some of Silicon Valley's best venture capital firms such as 8VC, MS&AD Insurance Group Holdings, and HOF Capital.
Marrying expertise in the financial, technology and life insurance industries, Optifino's mission is to demystify life insurance by systematically optimizing transparency, protection, tax management, and liquidity.
Optifino designed a proprietary technology platform designed to bridge the gap between life insurance and investing to deliver value for every client and advisor.

Omega Accounting Solutions Broadens Executive Team

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Tuesday, October 10, 2023

British Accounting & Finance Association, Colgate University, JD, Engineer School, Georgetown University Law Center, IRS, Union University, United States Department of Justice Tax Division, Tax controversy, Internal Revenue Service, Incentive, LLM, Average revenue per user, U.S. Department of Commerce Office of Security, Marines, Accounting, Justice, Martínez, Cryptocurrency

IRVINE, Calif., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Omega Accounting Solutions is announcing two new executive appointments to support the expansion of corporate client offerings and underscore the company’s commitment to providing small businesses with comprehensive support: Isaac Downing, Senior Director, Tax Credits & Incentives, and Tracy Martinez, Attorney, Tax Controversy.

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IRVINE, Calif., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Omega Accounting Solutions is announcing two new executive appointments to support the expansion of corporate client offerings and underscore the company’s commitment to providing small businesses with comprehensive support: Isaac Downing, Senior Director, Tax Credits & Incentives, and Tracy Martinez, Attorney, Tax Controversy.
“Commensurate tax director and tax attorney, Issac Downing and Tracy Martinez, will support our proactive, integrated approach to tax strategy and end-to-end filing support for our clients and those who filed with other providers,” said Jay Woods, President of Omega Accounting Solutions.
With a Bachelor of Science (BS), Accounting & Finance from California Lutheran University, Engineering Certificate from Marine Corps.
Engineer School, and extensive experience in public accounting for large publicly-traded companies, Downing honed his specialty of delivering engineering-driven tax solutions.

Restitution Program Announced for Certain Recalled Gree Dehumidifiers

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Tuesday, August 22, 2023

Judgement, Justice, Overheating, Central District, U.S. Consumer Product Safety Commission, Private prosecution, Special master, Restitution, DPA, District court, Order, Bad check restitution program, United States Department of Justice Tax Division, Injury, Heating, ventilation, and air conditioning, Gree

Restitution Program Announced for Certain Recalled Gree Dehumidifiers.

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Restitution Program Announced for Certain Recalled Gree Dehumidifiers.
You may be eligible for restitution if you purchased a dehumidifier that Gree USA, Inc. ("Gree USA"), Gree Electric Appliances, Inc. of Zhuhai ("Gree Zhuhai"), and Hong Kong Gree Electric Appliance Sales Co., Ltd. ("Gree Hong Kong") (collectively, "Gree"), manufactured from 2007 to 2013 and sold in the United States, and that dehumidifier was later subject to a recall Gree announced on September 12, 2013, expanded on January 30, 2014, and re-announced on November 29, 2016.
Gree Zhuhai and Gree Hong Kong have entered into a related Deferred Prosecution Agreement ("DPA") with the United States.
Restitution awards do not cover replacement costs of a recalled Gree dehumidifier.

AudioEye Reports Record Second Quarter 2023 Results

Retrieved on:

Thursday, August 10, 2023

TUCSON, Ariz., Aug. 10, 2023 /PRNewswire/ -- AudioEye, Inc. (NASDAQ: AEYE) ("AudioEye" or the "Company"), the industry-leading enterprise SaaS accessibility company, reported financial results for the second quarter ended June 30, 2023.

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TUCSON, Ariz., Aug. 10, 2023 /PRNewswire/ -- AudioEye, Inc. (NASDAQ: AEYE) ("AudioEye" or the "Company"), the industry-leading enterprise SaaS accessibility company, reported financial results for the second quarter ended June 30, 2023.
"The second quarter's achievements have set the stage for the acceleration of ARR in the second half and into next year.
As of June 30, 2023, the Company had $4.3M in cash, compared to $5.5M as of March 31, 2023.
The Company expects to generate revenue of between $7.8 million and $7.9 million in the third quarter of 2023.

ForgeRock Announces Second Quarter 2023 Financial Results

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Monday, August 7, 2023

ForgeRock, Inc. (NYSE: FORG), a global leader in digital identity, today announced financial results for its second quarter ended June 30, 2023.

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ForgeRock, Inc. (NYSE: FORG), a global leader in digital identity, today announced financial results for its second quarter ended June 30, 2023.
ForgeRock uses certain non-GAAP financial measures, which are described further below and reconciled to the most comparable GAAP financial measure after the presentation of our GAAP financial statements.
Non-GAAP Financial Measures and Key Metrics:
Besides financial results prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), ForgeRock believes that evaluating its ongoing operating results may be difficult if limited to reviewing only GAAP financial measures.
Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures.

Sterling Bancorp Reports Second Quarter 2023 Financial Results

Retrieved on:

Wednesday, July 26, 2023

(the “Bank”), today reported its unaudited financial results for the second quarter ended June 30, 2023.

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(the “Bank”), today reported its unaudited financial results for the second quarter ended June 30, 2023.
Net recoveries during the second quarter of 2023 were $(0.4) million compared to net charge offs of $6.4 million in the first quarter of 2023.
Net Interest Income and Net Interest Margin – Net interest income for the second quarter of 2023 was $16.2 million compared to $17.7 million for the first quarter of 2023 and $19.5 million for the second quarter of 2022.
The net interest margin of 2.64% for the second quarter of 2023 decreased from the net interest margin of 2.93% for the first quarter of 2023 and decreased from the net interest margin of 2.95% for the second quarter of 2022.

Taro Provides Results for Year Ended March 31, 2023

Retrieved on:

Wednesday, May 24, 2023

Taro Pharmaceutical Industries Ltd. (NYSE: TARO) (“Taro” or the “Company”) today provided unaudited financial results for the quarter and year ended March 31, 2023.

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Taro Pharmaceutical Industries Ltd. (NYSE: TARO) (“Taro” or the “Company”) today provided unaudited financial results for the quarter and year ended March 31, 2023.
Quarter ended March 31, 2023* Highlights ─ compared to March 31, 2022
Net sales of $146.6 million increased $3.3 million, or 2.3%.
Year ended March 31, 2023* Highlights ─ compared to March 31, 2022
Net sales of $573.0 million increased $11.6 million.
* The March 31, 2023 results include full-year results from the February 28, 2022 acquisition of Alchemee.

ICF Reports First Quarter 2023 Results

Retrieved on:

Tuesday, May 9, 2023

RESTON, Va., May 9, 2023 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology services provider, reported results for the first quarter ended March 31, 2023.

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Commenting on the results, John Wasson, chair and chief executive officer, said, "Our first quarter results represented a very strong start to the year.
The revenue and profit impacts of this action in 2023 are immaterial and thus do not affect our 2023 guidance.
First quarter 2023 total revenue increased 16.9% to $483.3 million from $413.5 million in the first quarter of 2022.
On May 9, 2023, ICF declared a quarterly cash dividend of $0.14 per share, payable on July 14, 2023, to shareholders of record on June 9, 2023.

SDNY General Crimes Unit Co-Chief Jordan Estes Joins Kramer Levin’s White Collar and Government Investigations Practice as Partner

Retrieved on:

Tuesday, May 2, 2023

Jordan Estes has joined Kramer Levin’s New York office as a partner in the firm’s White Collar Defense and Government Investigations practice.

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Jordan Estes has joined Kramer Levin’s New York office as a partner in the firm’s White Collar Defense and Government Investigations practice.
View the full release here: https://www.businesswire.com/news/home/20230502005819/en/
Jordan Estes has joined Kramer Levin’s New York office as a partner in the firm’s White Collar Defense and Government Investigations practice.
The expanded investigations team is already securing numerous representations, particularly in connection with Securities and Exchange Commission investigations into the banking crisis.
“I chose Kramer Levin in large part because of the firm’s extensive work on major trials and investigations,” Ms. Estes said.

From the Tax Law Offices of David W. Klasing - Federal Government Closing in on Your Foreign Financial Accounts & Cryptocurrency via The Anti-Money Laundering Act & The Bank Secrecy Act

Retrieved on:

Tuesday, April 18, 2023

The implications of these regulations can affect many different parties, from individuals with foreign bank accounts to art dealers and cryptocurrency companies.

Key Points:

The implications of these regulations can affect many different parties, from individuals with foreign bank accounts to art dealers and cryptocurrency companies.
Several key reforms to anti-money laundering laws have been put in place when the U.S. Congress enacted the Anti-Money Laundering Act (AML).
Expanded Authority for the U.S. Government to Subpoena Foreign Financial Institutions
The AML expanded the authority of the U.S. government to request records from foreign financial institutions .
The Banking Secrecy Act (BSA), like the AML, serves to enhance the enforcement of financial crimes like money laundering and tax evasion.