David Herman

Articles by this author

Apex Clearing Secures Dismissal of Meme Stock Litigation Claims

The Southern District of Florida has granted defendant Apex Clearing Corporation’s motion to dismiss a securities suit against them. While Judge Cecilia Altonaga ruled the plaintiffs...

Sotera Health Announces $408M Resolution of Ethylene Oxide Suits

Sotera Health Company has announced a $408 million settlement with plaintiffs alleging damages due to an accused ethylene oxide leak. This comes in the wake of two...

Multinational Corporation, Individuals Charged with Multimillion-Dollar Organic Grain Fraud...

The Department of Justice (DOJ) indicted Hakan Agro DMCC and Hakan Organics DMCC as well as three individuals on counts of conspiracy, smuggling, and wire fraud....

NY AG Sues Founder of Crypto Firm Celsius

New York Attorney General Letitia James filed a complaint against Celsius Network LLC CEO Alex Mashinsky on Thursday. James, on behalf of the people of the...

SEC Says Gold Mining SPAC Ex-CFO Orchestrated $5M Fraud...

According to court records, Cooper Morgenthau has pled guilty to embezzling funds from the three SPACs he founded. For violating the Securities Act and the Exchange Act,...

FTC Cracks Down on Illegal Noncompete Restrictions for Thousands...

The Federal Trade Commission (FTC) won three quick cases against companies imposing harsh noncompete clauses on their employees. In a statement, they say these restrictions hurt workers...