SEC charges Tenaris over alleged bribe

SEC announced that Tenaris, a Luxembourg-based global manufacturer and supplier of steel pipe products, will pay more than $78 million to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA) in connection with a bribery scheme…...

SEC Charges Stericycle with Bribery Schemes in Latin America

The SEC’s order finds that Stericycle, a leading provider of medical waste and other services in 16 countries worldwide, paid millions of dollars in bribes to obtain and maintain business from government customers in Brazil, Mexico, and Argentina from at least 2012 to...

SEC charges $124 Million in Crypto Fraud Operation

SEC charged siblings with defrauding thousands of retail investors out of more than $124 million through two unregistered fraudulent offerings of securities involving a digital token called “Ormeus Coin.”  They offered and sold it to investors on crypto trading...

SEC modernisation of beneficial ownership reporting

The proposed amendments would modernize the filing deadlines for initial and amended beneficial ownership reports filed on Schedules 13D and 13G. It also would deem holders of certain cash-settled derivative securities as beneficial owners of the reference equity...