The recent securities fraud class action lawsuit against Nutex Health Inc. (NUTX) offers a stark reminder to investors: sometimes, stellar revenue growth can be built on shaky ground.
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In the world of health insurance, the value proposition is built on trust. Consumers, particularly those navigating complex plans like Medicare, rely on brokers to be neutral, transparent, and unbiased. The promise is simple: the broker will help you find the best plan for your needs, not their own.
In the high-stakes world of small and mid-sized pharmaceutical companies, a single drug can make or break a company’s market valuation. Unlike established, large-cap pharmaceutical giants with diverse portfolios, these smaller biotech firms often have a limited number of drug candidates in the pipeline.
In the world of publicly traded companies, information is a currency. While many disclosures are mandated, companies often choose to voluntarily share additional details to give investors a clearer picture of their business. This can include information about major partnerships or key customers.
The rapid rise of artificial intelligence has reshaped industries and captured the attention of investors. But as with previous technological booms, this excitement has led to a deceptive trend known as “AI washing”—the practice of companies overstating or misrepresenting their AI capabilities to inflate their market value and attract investment.
SEC collects Wall Street's private messages as WhatsApp probe escalates
REUTERS
The U.S. securities regulator has collected thousands of staff messages from more than a dozen major investment companies, escalating its probe into Wall Street's use of private messaging apps, said four people with direct knowledge of the matter. read more »
SEC Awards Whistleblower More Than $9 Million
SEC
Michigan Vascular Surgeon Sentenced to 80 Months in Prison for Health Care Fraud Conviction and Agrees to Pay Up to $43.419 Million to Resolve False Claims Act Allegations
DOJ
Brazilian Mining Company to Pay $55.9 Million to Settle Charges Related to Misleading Disclosures Prior to Deadly Dam Collapse
SEC
Former Goldman banker must forfeit $35.1 mln in 1MDB corruption case
REUTERS
A U.S. judge on Friday ordered former Goldman Sachs Group Inc (GS.N) banker Roger Ng to forfeit $35.1 million, after sentencing him to 10 years in prison for helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund. read more »
The SEC charges Lindsay Lohan, Jake Paul and others with illegally promoting crypto
NPR
Two Men Sentenced in $30M Foreign Exchange Fraud Scheme
DOJ
CEO of Publicly Traded Health Care Company Charged for Insider Trading Scheme
DOJ
James L. Luketich, M.D., University of Pittsburgh Medical Center, and University of Pittsburgh Physicians Agree to Pay $8.5 Million and Implement Monitoring Actions to Resolve False Claims Allegations.
DOJ
Landlord and Former Operators of Upstate New York Nursing Home Pay $7,168,000 to Resolve False Claims Act Allegations of Worthless Services Provided to Residents
DOJ
SEC asks big hedge funds for employee phone review
REUTERS
The U.S. Securities and Exchange Commission has asked some major hedge funds to review certain employees' personal mobile phones for evidence of business dealings on unapproved channels, Bloomberg News reported on Thursday. read more »
SEC Issues $28 Million Award to Joint Whistleblowers
SEC
SEC Awards Approximately $18 Million to Three Whistleblowers
SEC
Laboratory Owners and Executives Charged in Health Care Kickback Scheme
DOJ
A superseding indictment was unsealed today charging two Texas men and a Louisiana man for conspiracy to defraud the United States and to pay and receive health care kickbacks, resulting the submission of over $107 million in false and fraudulent genetic testing claims to Medicare. read more »
