News

The Securities and Exchange Commission (SEC) recently charged four former Outcome Health executives with misrepresenting the healthcare advertising company as an enormous success to investors while raising almost $500 million for the company. The former executives are CEO Rishi Shah, President Shradha Agarwal, CFO Brad Purdy, and Executive VP Ashik Desai. According to the SEC [...]

The Securities and Exchange Commission (SEC) recently obtained an asset freeze and temporary restraining order in an emergency action relating to a $6 million Ponzi scheme targeting dozens of investors, including many elderly citizens and small business owners. According to the SEC, defendants Neil Burkholz of Boca Raton, Florida, and Frank Bianco of Pembroke Pines [...]

The Securities and Exchange Commission (SEC) recently announced a whistleblower award to three people who jointly provided a tip about an undisclosed fraud targeting retail investors. The whistleblowers themselves had been harmed by the fraud. The information that the whistleblowers provided to the SEC resulted in a successful enforcement action. The whistleblowers will receive a [...]

If you are one of the thousands of businesses that was financially affected by the sudden collapse of MyPayrollHR and the arrest of the payroll company’s CEO, you may have a legal case to recover your losses. MyPayrollHR conducted online payroll services for companies across the United States prior to its sudden closing on or [...]