Securities Fraud news and trends

Titanium Blockchain CEO Pleads Guilty in $21M Crypto Fraud Case
Legal // July 25, 2022

Titanium Blockchain Infrastructure’s (TBIS) CEO, Michael Alan Stollery, pleaded guilty Friday (July 22) for his role in a crypto fraud scheme in which he used investor funds for his own purposes, a press release from the Department of Justice (DOJ) said Monday. Get the Full...

Goldman Sachs Denied Dismissal Of Class-Action Lawsuit Over Subprime Mortgages
Legal // April 07, 2020

A Manhattan court denied Goldman Sachs Group’s appeal to dismiss a class-action lawsuit that accuses the investment bank of hiding information when it created subprime securities prior to the Great Recession, according to a report in Reuters. Get the Full Story Complete the form to...

Metro Bank Hit By More Fraud Probes
B2B Payments // May 31, 2019

Two U.S. law firms have launched investigations into the U.K.’s Metro Bank on behalf of investors concerned that the institution committed securities fraud. Reports in The Guardian on Thursday (May 30) said Pomerantz and Levi & Korsinsky, both based in New York, have opened these...

Shares In Jumia Technologies Tumble After Q1 Results
Investments // May 13, 2019

Shares in African eCommerce company Jumia Technologies took a dive on Monday (May 13) after Q1 losses were reported to be bigger than the year before, according to a report from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...

Quick Reads
FBI: GameOn Founder Cheated AI Investors Out of $60 Million

January 26, 2025
The founder of artificial intelligence (AI) firm GameOn has been charged with defrauding his company’s investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]

Titanium Blockchain CEO Pleads Guilty in $21M Crypto Fraud Case

July 25, 2022
Titanium Blockchain Infrastructure’s (TBIS) CEO, Michael Alan Stollery, pleaded guilty Friday (July 22) for his role in a crypto fraud scheme in which he used investor funds for his own...

Goldman Sachs Denied Dismissal Of Class-Action Lawsuit Over Subprime Mortgages

April 07, 2020
A Manhattan court denied Goldman Sachs Group’s appeal to dismiss a class-action lawsuit that accuses the investment bank of hiding information when it created subprime securities prior to the Great...

Shares In Jumia Technologies Tumble After Q1 Results

May 13, 2019
Shares in African eCommerce company Jumia Technologies took a dive on Monday (May 13) after Q1 losses were reported to be bigger than the year before, according to a report...