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Singapore High Court convicts two for $6B penny-stock manipulation

JURIST

Chee Wen and Su-Ling carried out manipulative trades by using 187 trading accounts to artificially inflate the share prices of several penny stocks, which include Asiasons Capital, Blumont Group and LionGold Corp. The prosecutor described Hin Calm as both a “seed funder and finance manager” of the entire scheme.

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FASB Eyes Standardizing Key Performance Indicators

Intelligize Blog

In an invitation to comment that could open the door for new rules, FASB requested input on how best to define and report financial KPIs that do not fall under Generally Accepted Accounting Principles, which means they are not reflected in official financial statements. SEC staffers have also asked companies why KPIs are useful for investors.

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As Chloé Becomes a B Corp, What Does the Increasingly Popular Certification Really Entail?

The Fashion Law

Consumers and investors are increasingly taking into account companies’ efforts on the Environmental, Social and Governance – “ESG” – front, with investors, in particular, scrutinizing companies’ sustainability credentials with more frequency and robustness than in the past. The Rise of the Fashion B Corp.

Legal 100
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Federal jurisdiction and the constitutionality of eviction moratoriums

SCOTUSBlog

Turning to new business: There are 116 petitions and applications scheduled for this weeks conference. The companies invoke Caterpillar Inc. Our second relist is in GHP Management Corp v. New Relists GHP Management Corp v. The justices will be discussing two of them for a second time. Until next time!

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A Running Timeline of Fashion and Luxury Mergers, Acquisitions & Investments

The Fashion Law

billion deal came to light, bringing together Cartier’s parent company Richemont, Chinese e-commerce titan Alibaba, and fashion retail platform Farfetch. In November, a $1.15 The headline-making transaction followed from reports that a “mega deal” was in the making. In exchange for $15.8 1, 2021 – Kering leads $216 million Vesitaire round.

Finance 139
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Midland Funding, Encore Capital Group, Asset Acceptance Sued for Violating Consent Order

Diane Drain

CFPB Sues Encore Capital Group, Midland Funding, Midland Credit Management, and Asset Acceptance Capital Corp for Collecting Debts Beyond Statute of Limitations without disclosing debts were uncollectable, and other illegal acts. and its subsidiaries, Midland Funding, LLC; Midland Credit Management, Inc.; – Diane L.

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Accounting for Cannabis Companies: An Expert Weighs In

Hoban Law Group

But cannabis entrepreneurs are in a tricky situation. Additionally, cannabis companies are lightning rods for audits. Bottom line: the rules are different for cannabis companies. are barred from taking tax deductions or credits. . Owners are unable to claim business expenses to reduce their taxable income.

Legal 98