Daily Archives: May 14, 2020, 9:07 am

SEC Charges Companies and CEO for Misleading COVID-19 Claims

According to the SEC’s complaint against Applied BioSciences, filed in federal court in the Southern District of New York, the company issued a press release on March 31 stating that it had begun offering and shipping supposed finger-prick COVID-19 tests to the general public that could be used for “Homes, Schools, Hospitals, Law Enforcement, Military, Public Servants or anyone wanting…

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FBI serves search warrant on Sen. Richard Burr amid stock trading controversy: report | TheHill

The FBI served a search warrant on Sen. Richard Burr (R-N.C.) Wednesday as an investigation pushes forward on whether or not the senator violated a law that prevents members of Congress from trading on insider information they learn from their work, The Los Angeles Times reported. Federal agents seized Burr’s cellphone after they served a search warrant on the Republican at his…

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