Remove companies blockfi-inc
article thumbnail

BlockFi Wants Suits Paused So Execs Can 'Focus' On Ch. 11

Law 360 M&A

Cryptocurrency company BlockFi Inc. asked a New Jersey bankruptcy judge on Monday to pause two putative securities class actions against the company's directors and officers so that they can focus on handling the BlockFi's Chapter 11 case.

40
article thumbnail

SEC Chair Gensler Speaks on Enforcement

Reynolds Holding

First: If you fail to register a security as required—or to register appropriately as an investment company—you violate the securities laws, regardless of the “form” or “name” of the securities involved. We charged the company and then-CEO for making false statements about their airplanes’ safety. [8].

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

SEC Chair Gensler Speaks on Crypto and the Securities Laws

Reynolds Holding

The Securities Act of 1933 was about companies raising money from the public. Investors could decide which risks to take; companies that issued securities to the public were required to provide full, fair, and truthful disclosures to the public. 332, 336 (1967), United Housing Foundation, Inc. 2] See CoinMarketCap.com. [3]

article thumbnail

SEC Announces Enforcement Results for FY 2022

Reynolds Holding

These individuals included senior public company executives, such as Dennis Muilenburg, Boeing’s former CEO , who was charged with making materially misleading public statements about the safety of the company’s 737 MAX planes following crashes in 2018 and 2019, and Ronald D. agreed to reimburse the company more than $1.3