Daily Archives: May 17, 2019, 7:41 am

Two Internal Auditors Thought They Could Get Away with Insider Trading, LOL – Going Concern

Two internal auditor buddies got a starring role in an SEC litigation release after they were charged with insider trading for monkeying around with secret information about their respective employers. Lloyd Schuman, a former senior internal auditor at Verso Corp., and Dane Janes, an internal auditor with Ashford Hospitality Trust Inc., agreed to pay a total of nearly $285,000 in…

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Plaintiff’s Firm Seeks SEC Documents in Elon Musk Investigation | National Law Journal

Levi & Korsinsky petitioned the U.S. District Court for the District of Columbia to compel the SEC’s cooperation with a Freedom of Information Act request related to one of its class action cases. Levi & Korsinsky attorneys represent a group of Tesla investors who claim they were duped when Musk tweeted plans to take the company private. The law firm claims the records might…

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