The Securities and Exchange Commission has charged two former senior executives of the U.S. subsidiary of Panasonic Corp. with knowingly violating the books and records and internal accounting controls provisions of the federal securities laws and causing similar violations by…

The Securities and Exchange Commission has charged a former registered representative and investment adviser in Altoona, Pennsylvania, with operating a long-running offering fraud. The SEC’s complaint alleges that Douglas P. Simanski raised over $3.9 million from approximately 27 of his…

Post Acute Medical, LLC, a Pennsylvania-based operator of long‑term care and rehabilitation hospitals across the country, and certain affiliated entities through which the company operates its facilities (collectively, “PAM”), have agreed to pay the United States, Texas, and Louisiana a…

Ameriprise Financial Services Inc. will pay $4.5 million to settle charges that it failed to safeguard retail investor assets from theft by its representatives. According to the SEC’s order, five Ameriprise representatives committed numerous fraudulent acts, including forging client documents,…

Settlement Is Largest Penalty Imposed On A Single Entity By The Justice Department For Financial Crisis-Era Misconduct The Justice Department has reached a $4.9 billion settlement with The Royal Bank of Scotland Group plc (RBS) resolving federal civil claims that…

WASHINGTON – Agricultural producers have new resources available to them to prepare for and recover from impacts of natural disasters on the U.S. Department of Agriculture’s new website, farmers.gov. The site has updated tools and information to help agricultural producers…

Changes Will Ease Burden on Financial Institutions and Reduce Risk of Consumer Confusion WASHINGTON, D.C. – The Bureau of Consumer Financial Protection (Bureau) finalized amendments to implement legislation that allows financial institutions that meet certain requirements to be exempt from…

WASHINGTON, D.C. — A federal district court in the Western District of Missouri entered an Order effectuating a settlement between the Bureau of Consumer Financial Protection (Bureau) and Richard Moseley, Sr., Richard Moseley, Jr., and 20 interrelated corporate entities controlled…

Washington, DC – The Commodity Futures Trading Commission (CFTC) has issued an Order filing and settling charges against Lansing Trade Group, LLC (Lansing), a commodity merchandising firm with headquarters in Overland Park, Kansas, for the attempted manipulation of the price…

Minority- and women-owned firms awarded contracts worth $109 million The team building the Loop 202 South Mountain Freeway, Arizona’s largest single highway project ever, has awarded more than $100 million in contracts to local small businesses run by socially and…

The Securities and Exchange Commission has charged Merrill Lynch, Pierce, Fenner & Smith with misleading customers about how it handled their orders. Merrill Lynch agreed to settle the charges, admit wrongdoing, and pay a $42 million penalty. According to the…

Patent highlights 228-year history and strength of American intellectual property system WASHINGTON - The United States Patent and Trademark Office (USPTO) today issued U.S. patent number 10 million. More than just a number, patent 10 million celebrates the rich history…