https://www.occ.treas.gov/news-issuances/news-releases/2024/nr-occ-2024-15.htmlThe OCC terminates enforcement actions including when a bank has demonstrated compliance with all articles of an enforcement action or when
Anthony Jay Pignatello has been handed a final judgement by the US Attorney's Office in relation to a cannabis securities fraud scheme at Cannabiz Mobile, where he served as consultant and secretary. Pignatello was alleged to be part of a pump-and-dump scheme with Christopher Esposito, Cannabiz's former owner, whose fraudulent activities had already seen him sentenced to five years' probation in November. Pignatello has been permanently restricted from being an "officer or director of any issuer that has a class of securities registered under Section 12 of the Exchange", as well as permanently banned from participating in penny stocks. He is also obliged to pay $43,337, a fee that has already been deemed settled due to a parallel criminal hearing regarding securities fraud to which Pignatello had already pled guilty.
He was responding to a corporate lawyer who suggested Wyoming as an alternative but acknowledged Delaware's importance for startups seeking funding or acquisitions.
New York City has filed a lawsuit against the parent companies of TikTok, Instagram, Facebook, Snapchat, and YouTube, accusing them of designing and marketing their platforms in a way that attracts, addicts young users, and causes mental health issues, despite the companies' claims of implementing safeguards and promoting safe online experiences for teens.
Cenntro Electric Group Limited (NASDAQ:CENN) ("Cenntro" or "the Company"), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles, refers to the proposed scheme of
-Highlights potential uses of Celularity biomaterials in regenerative medicine applications that combine stem cells and biomaterial scaffolds for use in constructing tissues and for cell delivery
-Poster