SEC fines Esmark Inc. and James Bouchard for announcing a $7.8 billion tender offer for U.S. Steel without having the financial means to complete the deal. The Securities…
Read MoreInvestments
National Park Foundation Receives $100 Million for U.S. Conservation
NPS Director says the conservation funding “will be felt in our parks and in surrounding communities for generations to come.” The National Park Foundation announced that the Lilly…
Read MoreLabor Department Launches Online System for Abandoned Plan Program
The new platform simplifies the benefit distribution process for retirement plans abandoned by sponsoring companies. The Department of Labor announced that the Employee Benefits Security Administration has introduced…
Read MoreHouse Judiciary Chair Requests Details on Companies’ Environmental Goals
Representative Jordan wrote to 130 investors regarding ESG in money management. House Judiciary Chair Jim Jordan wrote letters to 130 investors, requesting an explanation for their proposed environmental,…
Read MoreCommerce Department Reviews Progress of EU-U.S. Privacy Framework
Officials identify growth and record feedback after one year of implementation. The Department of Commerce took part in a joint review of the EU-U.S. Data Privacy Framework (DPF)…
Read MorePresident Proposes Plan to Curb Corporate Landlord Pricing
He urges Congress to support legislation to cap annual rate increases at 5 percent. This week, President Joe Biden proposed a legislative plan that would have to be…
Read MoreActing Labor Secretary Announces Apprenticeship Program Funding
The investment is intended to modernize, diversify, and expand the registered apprenticeship system. Acting Secretary of Labor Julie Su recently announced that $224 million has been released to…
Read MoreDOJ Announces Sentencing of Three Executives in Corporate Fraud Scheme
A health technology start-up company’s executive obtained roughly $1 billion fraudulently. The Department of Justice announced that three executives from a Chicago-based health technology company were sentenced for…
Read MoreSEC Launches Campaign to Promote Investor Protection
The educational initiative is meant to help investors avoid scams. The Securities and Exchange Commission’s Office of Investor Education and Advocacy has launched a public awareness campaign called…
Read MoreSupreme Court Agrees to Nvidia Class Action Appeal
The company calls allegations of misleading revenue statements “speculative litigation.” The Supreme Court agreed to hear an appeal filed by Nvidia, which claimed that a revived class action…
Read More