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U.S. Justice Department probing Visa over debit-card practices REUTERS The U.S. Department of Justice is investigating whether Visa Inc is engaging in anticompetitive practices in the debit-card market, the Wall Street Journal reported on Friday, citing people familiar with the matter. read more » uBiome Co-Founders Charged With Federal Securities, Health Care Fraud Conspiracies DOJ

Former Owners of Telemarketing Company Agree to Pay At Least $4 Million to Resolve False Claims Act Allegations DOJ

SEC warns against investing in SPACs based solely on celebrity backing REUTERS The U.S. Securities and Exchange Commission (SEC) cautioned investors on Wednesday about buying shares of so-called special purpose acquisition companies only because they are backed by celebrities, including movie stars and athletes. read more »   KC Man Sentenced for $6 Million Ponzi Scheme DOJ

SEC Charges Unregistered Investment Adviser with Defrauding Investors in Decade-Long Scheme SEC

SEC Awards Approximately $1.5 Million to Whistleblower SEC

SEC Charges AT&T and Three Executives with Selectively Providing Information to Wall Street Analysts SEC

SEC Issues Over $5 Million to Joint Whistleblowers Located Abroad SEC

SAP Public Services, Inc. to Pay $2.2 Million to Settle False Claims Act Allegations DOJ

SEC Awards Over $500,000 to Two Whistleblowers SEC

United Airlines to Pay $49 Million to Resolve Criminal Fraud Charges and Civil Claims DOJ United Airlines Inc. (United), the world’s third largest airline, has agreed to pay over $49 million to resolve criminal charges and civil claims relating to fraud on postal service contracts for transportation of international mail. read more »

Bots hyped up GameStop on major social media platforms, analysis finds REUTERS

SEC Issues Whistleblower Awards Totaling Over $1.7 Million SEC

SEC Awards More Than $9.2 Million to Whistleblower for Successful Related Actions, Including Agreement With DOJ SEC

Federal Contractor Agrees to Pay More Than $6 Million to Settle Overbilling Allegations DOJ

Explaining GameStop hearing terms: Payment for order flow AXIOS Payment for order flow, or PFOF, sits at or near the top of the list of people's complaints about market structure. read more » Explaining GameStop hearing terms: Short-selling AXIOS The reason that GameStop stock rose so sharply last month was, paradoxically, because so many people had bet that it was going down. read more »

SEC Data Show $359 Million of GameStop Shares Failed to Deliver YAHOO FINANCE On Jan. 28, the day after GameStop Corp. mania hit its crescendo on the back of a short squeeze for the record books, about $359 million worth of shares were caught in limbo. read more » Big Tech faces additional pressure from private antitrust lawsuits NEW YORK TIMES

Drug companies seek billion-dollar tax deductions from opioid settlement WASHINGTON POST

Tesla Bitcoin purchase could launch SEC investigation, former Branch Chief says TESLARATI Tesla’s $1.5 billion purchase of the cryptocurrency Bitcoin could be subjected to an investigation, according to Doug Davidson, a former Branch Chief of the Securities and Exchange Commission’s Divison of Enforcement. The SEC could look into the exact date of Tesla’s BTC purchase, as well as if CEO Elon Musk’s tweets gave its investment an appreciation in value. read more »

This California bill could help more tech whistleblowers speak out FAST COMPANY

Clover Health shares dip as SEC looks into short-seller allegations REUTERS U.S. regulators are following up on a critical report about Clover Health Investments Corp by short-selling specialist Hindenburg Research and have told the insurance company to preserve any relevant documents. read more »