In just the last 30 days, the SEC imposed $26,168,078 in fines (civil penalties, disgorgements, and interest) on individuals and companies in nine cases with the largest fine being $18 million on Digital World SPAC followed by MusclePharm. Furthermore, the SEC also implemented measures to prohibit certain officers and directors...
Keep Your Eyes on Management Changes
It's Fruit Basket Turnover Time! Almost 200 industry sectors are currently undergoing wholesale management changes. In fact, over the last 7 days, almost 900 public companies announced changes to their board of directors and executive management, and 29 of those are in the S&P 500. That's more than 3 times...
SCOTUS Decision on Direct Listings Leave Investors without Recourse
SCOTUS Decision on Direct Listings Leave Investors without Recourse In a recent client alert from market leading law firm, Morrison & Forrester LLP, their experts opined on the recent decision by the SCOTUS to reject the Ninth Circuit Court's ruling citing that the plaintiff had no standing for a securities...
Kaleidoscope Using ChatGPT for Prospect Research & Wealth Screening
Kaleidoscope leverages ChatGPT and connects the dots for 99.99% accuracy in Insider Focus profiles! Tired of scouring SEC filings for elusive clues on potential donors? How about wealth screening on an executive or director. Or tracking down board relationships? Now you don't have to! Identify high-wealth individuals, alumni, or new...
2023 Bank Meltdown. Silicon Valley Bank . . . Silvergate Bank, Signature Bank. . .and more.
2023 Bank Meltdown. Silicon Valley Bank . . . Silvergate Bank, Signature Bank. . .and more. What do these three banks have in common? No, it’s not because their names all start with “S”. They’ve all failed in March 2023. Affecting 49 industry sectors, primarily pharmaceutical preparations, and biologics. FDIC...