Latest Banking/Financial Services News

Washington, D.C.--(Newsfile Corp. - January 27, 2020) - The Securities and Exchange Commission today announced charges against a New York-based investment adviser for misleading investors about the management of risk in a mutual fund. Catalyst Capital Advisors LLC (CCA) and its President and Chief Executive Officer, Jerry Szilagyi, agreed to pay a combined ...
Banking/Financial Services
2020-01-27 4:45 PM ET | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 27, 2020) - The Securities and Exchange Commission Commission's Office of Compliance Inspections and Examinations (OCIE) today issued examination observations related to cybersecurity and operational resiliency practices taken by market participants.The observations highlight certain approaches taken by market participants in the areas of governance and risk managemen
Banking/Financial Services
2020-01-27 2:39 PM ET | Newsfile SEC Press Digest

New York, New York--(Newsfile Corp. - January 27, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Correvio Pharma Corp. (NASDAQ: CORV) ("Correvio" or the "Company") of the February 10, 2020 deadline to seek the role of lead plaintiff in a federal securities class ...
Banking/Financial Services
2020-01-27 11:15 AM ET | Faruqi & Faruqi LLP

New York, New York--(Newsfile Corp. - January 27, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in ForeScout Technologies, Inc. (NASDAQ: FSCT) ("ForeScout" or the "Company") of the March 2, 2020 deadline to seek the role of lead plaintiff in a federal securities class ...
Banking/Financial Services
2020-01-27 10:11 AM ET | Faruqi & Faruqi LLP

New York, New York--(Newsfile Corp. - January 27, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Adamas Pharmaceuticals, Inc. ("Adamas" or the "Company") (NASDAQ: ADMS) of the February 10, 2020 deadline to seek the role of lead plaintiff in a federal securities class ...
Banking/Financial Services
2020-01-27 9:35 AM ET | Faruqi & Faruqi LLP

New York, New York--(Newsfile Corp. - January 27, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Baozun Inc. (NASDAQ: BZUN) ("Baozun" or the "Company") of the February 10, 2020 deadline to seek the role of lead plaintiff in a federal securities class action ...
Banking/Financial Services
2020-01-27 2:22 AM ET | Faruqi & Faruqi LLP

Vancouver, British Columbia--(Newsfile Corp. - January 24, 2020) - Daura Capital Corp. (TSXV: DUR.P) (the "Company" or "Daura"), a capital pool company listed on the TSX Venture Exchange (the "TSXV") provides an update on the status of its proposed qualifying transaction (the "Qualifying Transaction") with Estrella Gold S.A.C. ("Estrella").The Company ...
Banking/Financial Services
2020-01-24 7:28 PM ET | Daura Capital Corp.

Washington, D.C.--(Newsfile Corp. - January 24, 2020) - Two annual SEC staff reports released today highlight the important work of the Office of Credit Ratings in examining and monitoring nationally recognized statistical rating organizations (NRSROs). The reports indicate that the NRSROs made certain improvements in response to the staff's examinations and ...
Banking/Financial Services
2020-01-24 3:12 PM ET | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 24, 2020) - The Securities and Exchange Commission today charged a California-based couple with orchestrating a nearly billion-dollar Ponzi scheme involving alternative energy tax credits.According to the SEC's complaint, Jeffrey and Paulette Carpoff raised approximately $910 million from 17 investors between 2011 and 2018 by offering securities ...
Banking/Financial Services
2020-01-24 2:48 PM ET | Newsfile SEC Press Digest

New York, New York--(Newsfile Corp. - January 24, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Baozun Inc. (NASDAQ: BZUN) ("Baozun" or the "Company") of the February 10, 2020 deadline to seek the role of lead plaintiff in a federal securities class action ...
Banking/Financial Services
2020-01-24 1:02 PM ET | Faruqi & Faruqi LLP

New York, New York--(Newsfile Corp. - January 24, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Prudential Financial, Inc. (NYSE: PRU) ("Prudential" or the "Company") of the January 27, 2020 deadline to seek the role of lead plaintiff in a federal securities class ...
Banking/Financial Services
2020-01-24 11:33 AM ET | Faruqi & Faruqi LLP

Toronto, Ontario--(Newsfile Corp. - January 24, 2020) - Fundata Canada Inc. is pleased to announce the winners of the Fundata FundGrade A+® Award for 2019. Awards were presented to 53 companies representing a total of 351 Canadian investment funds at Fundata's annual "Evening of Excellence" held on Thursday, January 23, ...
Banking/Financial Services
2020-01-24 10:30 AM ET | Fundata Canada Inc.

Toronto, Ontario--(Newsfile Corp. - 24 janvier 2020) - Fundata Canada Inc. a le plaisir de vous annoncer les lauréats des Trophées FundGrade A+® pour l'année 2019. Cette année, 53 compagnies représentant un total de 351 fonds de placement canadiens ont été récompensées lors de la « Soirée d'excellence » annuelle ...
Banking/Financial Services
2020-01-24 10:30 AM ET | Fundata Canada Inc.

New York, New York--(Newsfile Corp. - January 24, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in X Financial (NYSE: XYF) (or the "Company") of the February 7, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that ...
Banking/Financial Services
2020-01-24 10:22 AM ET | Faruqi & Faruqi LLP

Toronto, Ontario--(Newsfile Corp. - January 24, 2020) - BB1 Acquisition Corp. (TSXV: BBA.P) ("BB1" or the "Corporation"), a capital pool company, announces the termination of its proposed three-cornered amalgamation (the "PlantExt Transaction") with PlantExt Ltd. ("PlantExt"). The PlantExt Transaction, first announced by the Corporation on January 24, 2019, was intended ...
Banking/Financial Services
2020-01-24 9:27 AM ET | BB1 Acquisition Corp.

New York, New York--(Newsfile Corp. - January 24, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in 500.com Limited (NYSE: WBAI) ("500.com" or the "Company") of the March 16, 2020 deadline to seek the role of lead plaintiff in a federal securities class action ...
Banking/Financial Services
2020-01-24 9:18 AM ET | Faruqi & Faruqi LLP

Washington, D.C.--(Newsfile Corp. - January 23, 2020) - The Securities and Exchange Commission today announced that it will host a March 10 conference to focus on municipal securities, which are predominantly owned by Main Street investors and help finance important public projects like schools, roads and utilities.The conference is entitled ...
Banking/Financial Services
2020-01-23 5:50 PM ET | Newsfile SEC Press Digest

New York, New York--(Newsfile Corp. - January 23, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Baxter International, Inc. ("Baxter" or the "Company") (NYSE: BAX) of the January 24, 2020 deadline to seek the role of lead plaintiff in a federal securities class ...
Banking/Financial Services
2020-01-23 2:15 PM ET | Faruqi & Faruqi LLP

New York, New York--(Newsfile Corp. - January 23, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in The RealReal, Inc. ("The RealReal" or the "Company") (NASDAQ: REAL) of the January 24, 2020 deadline to seek the role of lead plaintiff in a federal ...
Banking/Financial Services
2020-01-23 1:08 PM ET | Faruqi & Faruqi LLP

New York, New York--(Newsfile Corp. - January 23, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Prudential Financial, Inc. ("Prudential" or the "Company") (NYSE: PRU) of the January 27, 2020 deadline to seek the role of lead plaintiff in a federal securities ...
Banking/Financial Services
2020-01-23 12:33 PM ET | Faruqi & Faruqi LLP

Washington, D.C.--(Newsfile Corp. - January 23, 2020) - The Securities and Exchange Commission today announced that it has obtained a court order authorizing the distribution of over $63 million to investors in connection with a previously filed action.  This amount represents the full return of funds to those who invested. The ...
Banking/Financial Services
2020-01-23 10:37 AM ET | Newsfile SEC Press Digest

New York, New York--(Newsfile Corp. - January 23, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Merit Medical Systems, Inc. ("Merit Medical" or the "Company") (NASDAQ: MMSI) of the February 3, 2020 deadline to seek the role of lead plaintiff in a ...
Banking/Financial Services
2020-01-23 10:18 AM ET | Faruqi & Faruqi LLP

New York, New York--(Newsfile Corp. - January 23, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Net 1 UEPS Technologies, Inc. ("UEPS" or the "Company") (NASDAQ: UEPS) of the February 3, 2020 deadline to seek the role of lead plaintiff in ...
Banking/Financial Services
2020-01-23 9:18 AM ET | Faruqi & Faruqi LLP

Washington, D.C.--(Newsfile Corp. - January 22, 2020) - The Securities and Exchange Commission today announced two whistleblower awards in connection with two separate enforcement actions.  Both whistleblowers provided significant information that helped the SEC shut down two separate fraudulent schemes preying on retail investors.  In the first action, the whistleblower ...
Banking/Financial Services
2020-01-22 4:31 PM ET | Newsfile SEC Press Digest

New York, New York--(Newsfile Corp. - January 22, 2020) -  Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in The RealReal, Inc. (NASDAQ: REAL) ("The RealReal" or the "Company") of the January 24, 2020 deadline to seek the role of lead plaintiff in a federal securities ...
Banking/Financial Services
2020-01-22 12:02 PM ET | Faruqi & Faruqi LLP