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Singapore High Court convicts two for $6B penny-stock manipulation

JURIST

Chee Wen and Su-Ling carried out manipulative trades by using 187 trading accounts to artificially inflate the share prices of several penny stocks, which include Asiasons Capital, Blumont Group and LionGold Corp. One investor said he had invested SGD120,000 in Blumont Group, just before the crash.

Court 197
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As Chloé Becomes a B Corp, What Does the Increasingly Popular Certification Really Entail?

The Fashion Law

Consumers and investors are increasingly taking into account companies’ efforts on the Environmental, Social and Governance – “ESG” – front, with investors, in particular, scrutinizing companies’ sustainability credentials with more frequency and robustness than in the past. The Rise of the Fashion B Corp.

Legal 100
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The SEC’s Final Climate Disclosure Rule: Interrogating Preemption and Coherence with Other Domestic Regimes

ClimateChange-ClimateLaw

This post is the third in a series of blogs that address specific legal features of the rule: Part One offered a summary of the final rule, and delved into the materiality threshold that was added throughout the rule, including for greenhouse gas (GHG) emissions disclosure. See Part One for a detailed description of those requirements.)

Laws 70
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A Running Timeline of Fashion and Luxury Mergers, Acquisitions & Investments

The Fashion Law

billion deal came to light, bringing together Cartier’s parent company Richemont, Chinese e-commerce titan Alibaba, and fashion retail platform Farfetch. And Kering, for one, is “actively on the hunt for new brands,” the group revealed in a Q4 conference call last month. In November, a $1.15 In exchange for $15.8

Finance 139
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A Comparative Analysis of the SEC’s Climate Disclosure Proposal

ClimateChange-ClimateLaw

What seemed improbable just a few years ago – requiring large companies to measure and report annual greenhouse gas emissions generated by their operations and “value chains”– is becoming reality in several countries. A Simplified Comparison Key Differences Consolidation – Both the EU and U.S.

Statute 55
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Interest Rates and Corporate Strategy

Fordham Law News

Consumers are not the only ones who have a harder time borrowing money—it also becomes more expensive for businesses to take out loans. [8] Whether a transaction will be affected by an increase in interest rates often depends on the corporation’s capital structure. [9] 14] But this slowdown was not absolute. [15]

Finance 40
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Mergers and Acquisitions Guide for In-House Counsel

InHouseBlog

Mergers and Acquisitions Guide for In-House Counsel – Intro This mergers and acquisitions guide provides in-house counsel with an overview of the process of selling a privately-held company in an M&A transaction and some of the significant deal points typically negotiated by the parties. private equity firms and hedge funds).