FLORENCE –Fitch Ratings along with Standard and Poor’s Global Ratings have maintained their long-term rating for the upcoming Pinal County General Obligation Bonds with Fitch rating the county AA and S&P rating of AA- On August 7, the Board of…

The promoters of recruitment-based cryptocurrency schemes are permanently banned from operating or participating in any multi-level marketing program, as part of a settlement with the Federal Trade Commission. The FTC obtained a court order in March 2018 against Thomas Dluca,…

Program Will Create Awareness, Opportunities, and Pathways to Careers in Cybersecurity for Manufacturing (CHICAGO) – MxD has launched a comprehensive workforce development program for cybersecurity in manufacturing, underwritten with a $1.25 million grant from the Siemens Foundation. The grant will…

FinCEN Advisory Alerts Financial Sector to Fentanyl Trafficking schemes Washington – The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Treasury’s Financial Crimes Enforcement Network (FinCEN) announced coordinated actions to bring additional financial pressure upon those…

WASHINGTON – Last night, the U.S. Department of Commerce initialed a draft agreement with Mexican tomato growers to suspend the ongoing antidumping (AD) investigation of fresh tomatoes from Mexico, ensuring that the domestic tomato industry will be protected from unfair…

The Board of Directors of the Federal Deposit Insurance Corporation (FDIC) today approved an interagency final rule to simplify and tailor requirements relating to Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly known as the…

Luke Hillier, the majority owner and former Chief Executive Officer of Virginia-based defense contractor ADS, Inc., has agreed to pay the United States $20 million to settle allegations that he violated the False Claims Act by fraudulently obtaining federal set-aside…

The Federal Trade Commission is urging consumers affected by Equifax’s 2017 data breach to consider signing up for the free credit monitoring offered as part of the settlement. A new FTC blog post notes that because of high interest in…

One defendant ordered to pay more than $11 million as part of settlement Additional defendants involved with student loan debt relief schemes have been permanently banned from selling debt relief services pursuant to settlements with the Federal Trade Commission. The…

by Seena Gressin Attorney, Division of Consumer and Business Education If you needed yet another nudge to start keeping an eye on your credit report to protect against identity theft, Capital One has delivered it with its announcement that a…

The Securities and Exchange Commission today announced an emergency action charging two individuals with running a pump and dump scheme targeting retail investors. The SEC also obtained an emergency court order freezing the defendants' assets. According to the SEC's complaint,…

The Securities and Exchange Commission today charged AR Capital LLC, its founder Nicholas S. Schorsch, and its former CFO Brian Block with wrongfully obtaining millions of dollars in connection with two separate mergers between real estate investment trusts (REITs) that…