Ex-CFO Gets 3 Years Prison for Stealing From SPACs to Trade Meme Stocks, Crypto May 1, 2023 By Luc Cohen A former chief financial officer of multiple special purpose acquisition companies (SPACs) was sentenced to three years in prison for...
Borrowing under Current, Higher Interest Rates May 1, 2023 By Robert Pettinicchi This post is part of a series sponsored by InsurBanc. I reflected on a statement from a recent article on...
Update: JPMorgan Buys First Republic Bank’s Assets After Government Auction May 1, 2023 By Scott Murdoch, Niket Nishant and Chris Prentice Regulators seized First Republic Bank and sold its assets to JPMorgan Chase & Co. on Monday, in a deal to...
Fed Report on SVB Collapse Could Buoy Shareholder Lawsuits May 1, 2023 By Jack Queen A scathing Federal Reserve report on the collapse of Silicon Valley Bank released on Friday could be a boon to...
Georgia Sheriff’s Chief of Staff Charged with Insurance Fraud in ‘Hit-and-Run’ Claim May 1, 2023 By Insurance Journal Staff Reports The chief of staff for an Atlanta-area sheriff has been charged with insurance fraud after an investigation found that he...
TN Volkswagen Plant Shut Down After Three Workers Hit by Vehicle Outside May 1, 2023 By William Rabb Management shut down production Saturday at a Volkswagen plant in Tennessee after three workers were struck by a vehicle on...
Mississippi Tire Plant Partly Covered, Will Reopen in June After Tornado May 1, 2023 By William Rabb A northeast Mississippi tire plant that was damaged by an April tornado is expected to restart production in June. Goodyear...
South Florida Jury Awards Woman $5.5M from Mold, Water Damage in Condo May 1, 2023 By William Rabb A south Florida jury has awarded $5.5 million to a woman who sued her condominium association after years of water...
Biden Declares Flooded Part of South Florida a Disaster Area May 1, 2023 By William Rabb President Joe Biden declared Florida’s Broward County a disaster area Friday, two weeks after record-breaking rain left parts of Fort...
Court Reinstates Criminal Charges Against Veterans’ Home Officials Over COVID Policies May 1, 2023 By Andrew G. Simpson Massachusetts’ highest court overruled a lower court judge Thursday and reinstated criminal neglect charges against two top former officials at...