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  • Colonial Properties Trust
    Colonial Properties Trust, Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders. The following is a summary of the proceedings in the lawsuit: ‘On June 3, 2013, Colonial Properties Trust (‘Colonial’) and Mid-America Apartment Communities, Inc. (‘MAA’) jointly announced their approval of an agreement and plan of merger […]
  • Spartech Corporation
    Spartech Corporation, Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders. The following is a summary of the proceedings in the litigation: ‘The Action arises out of a transaction agreed to on October 23, 2012, among Spartech Corporation, PolyOne Corporation, 2012 RedHawk, Inc.), and 2012 RedHawk, LLC (n/k/a […]
  • Duff & Phelps Corporation
    Duff & Phelps Corporation, Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement. The following is a summary of the proceedings in this lawsuit: ‘On December 30, 2012, Duff & Phelps Corporation announced that it had entered into a definitive merger agreement pursuant to which it would be acquired by a […]
  • Cascade Corporation
    Cascade Corporation, Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders. the following is a summary of the proceedings in this lawsuit: ‘On October 22, 2012, Toyota Industries Corporation, Industrial Components and Attachments II, Inc., and Cascade announced that they had entered into a definitive merger agreement (the […]
  • AsiaInfo-Linkage, Inc.
    AsiaInfo-Linkage, Inc. Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders. The following is a summary of the proceedings in this lawsuit: ‘The Consolidated Action arises out of an agreement and plan of merger entered into on May 12, 2013 by and among, AsiaInfo, Skipper Limited, and Merger […]
  • Teavana Holdings Inc.
    Teavana Holdings Inc. Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders of Teavana Holdings Inc in connection with the merger. The following is a summary of the proceedings in the lawsuit: ‘On November 14, 2012, Teavana announced that it had entered into an Agreement and Plan of […]
  • Thomas Properties Group, Inc.
    Thomas Properties Group, Inc. Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders. The following is a summary of the proceedings in this lawsuit: ‘On September 5, 2013, TPGI and Parkway announced that they had entered into an Agreement, and Plan of Merger, pursuant to which TPGI would […]
  • Gerova Financial Group Ltd
    Gerova Financial Group Ltd Securities Settlement The lawsuit was settled for $1.372 million in cash. The following is a summary of the proceedings in this lawsuit: ‘This Action alleges violations of the Federal Securities Laws (specifically Sections 10(b) and 20(a) of the Exchange Act (15 U.S.C. §78j(b) and 78(t)(a)) and Rule 10b-5 promulgated thereunder (17 […]
  • UniTek Global Services, Inc.
    UniTek Global Services, Inc. Securities Settlement   The lawsuit was settled for $1.55 million in cash. The following is a summary of the proceedings in this lawsuit: ‘The case concerns claims brought by investors alleging that the price of UniTek common stock was artificially inflated during the Class Period as a result of alleged false […]
  • Massey Energy Co.
    Massey Energy Co. Securities Settlement The lawsuit was settled for $265 million in cash. The following is a summary of the proceedings in the lawsuit: ‘This Action was commenced in April of 2010 by the filing of two complaints alleging that Defendants violated the federal securities laws. Both of those separate actions were consolidated into […]

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RSS Elite Forex Blog

  • EES: The TRUTH about the new Bitcoin Futures CME contract
    Elite E Services 12/10/2017 - As a Forex CTA for 12 years, we were happy to learn the CME will offer a Bitcoin futures contract, and called the CME to learn more.  Unlike most of these Bitcoin outfits, the CME has an office, a phone, which is answered, and we were routed to the correct […]
  • Bitcoin Has A "Whale" Problem: 1,000 Investors Control Nearly Half The Market
    If Jay Gould were alive today, he would've traded bitcoin.Perhaps the most blatant hypocrisy perpetrated by bitcoin evangelists is their insistence that bitcoin and other digital currencies represent a return to a truly democratic financial system beyond the control of banks and other special interests, where players small and large can earn enormous profits simply […]
  • Wells Fargo Bankers, Chasing Bonuses, Overcharged Hundreds of Clients
    By Emily GlazerNov. 27, 2017 7:50 p.m. ET182 COMMENTSThe whispers among employees had been around for years. They finally heard some facts during a conference call in June led by managers in Wells Fargo WFC +3.17% & Co.’s foreign-exchange operation: Some of its business customers had been cheated, according to two employees who were on the call.An internal review showed that […]
  • Bitcoin Surges Over $9,500 After Korea's 2nd Biggest Bank Tests Crypto Wallet For Customers
    Update: Bitcoin's surge continues as Asia re-opens, pushing the cryptocurrency above $9500 as Korea's second largest bank tests Bitcoin vault and wallet services for its clients.As Coinivore reports, Shinhan, the second largest commercial bank in South Korea by market valuation in the country is testing a Bitcoin vault and wallet service for its customers that is expected […]
  • Cultivating Good FX Strategies
    (FXBOT.MARKET) -- 11/21/2017 -- FXBOT.MARKET is interested in cultivating high quality, consistent FX strategies based on honesty and transparency.  Every system has a bad day, a bad month - we are traders we get it.  But deleting history or not reporting a big loss ruins the reputation of the entire industry, not only the scam […]
  • Everyone is announcing Bitcoin but no one is doing – it’s all vapor
    (GLOBALINTELHUB.COM) — 11/10/2017 We’d just like to note here that amidst Bitcoin’s historic rise there’s been a flurry of announcements with few ‘releases’ of finished products.  In fact only one company in the US, TZero, has a real regulated product that’s ready to go (which we noted as early as March 2016, but who was […]
  • EES teams up with IC Markets
    Elite E Services has teamed up with IC Markets to provide non-US and US-QEP Forex clients with the ability to trade BTC/USD in MT4.  For those of you who are not familiar with Bitcoin or MT4 you can read our books Splitting Pennies and the sequel Splitting Bits.Open an account with IC Markets
  • Federal Prosecutors Are Investigating Wells Fargo's FX Business
    Last week, WSJ stoked fears that the Feds might be ramping up another probe into abuse and manipulation in the foreign exchange market when it reported that Wells Fargo had abruptly terminated four bankers from its FX business and transferred another. Now, Wall Street’s paper of record is reporting that Federal prosecutors are investigating Wells for abuses […]
  • Ex-HSBC Trader Involved In Front-Running Scandal To Be Extradited To U.S.
    It's not shaping up to be a great week for a group of former HSBC FX traders who decided to front-run a massive $3.5 billion currency trade placed by one of their clients and net their bank some $8 million in illicit profits in the process.  Earlier this week, Ex-HSBC currency trader Mark Johnson, who was […]
  • Ex-HSBC Currency Trader Convicted Of Fraud In Massive Front-Running Scandal
    Ex-HSBC currency trader Mark Johnson, who was unwittingly captured on an audio recording saying "I think we got away with it," has just been convicted by a jury in New York of fraud for front-running a $3.5 billion transaction that netted his firm some $8 million in illicit profits.  Per Bloomberg:Former HSBC Holdings Plc currency trader Mark Johnson was […]