Archive

Whistleblower hits big with SEC’s $80 million settlement over Monsanto’s “ultimate killing machine”

Only a day after the SEC announced that agro-giant Monsanto would pay an $80 million penalty to settle charges of accounting improprieties in connection with sales of its flagship product Roundup, attorney Stuart Meissner has said that he represents the whistleblower who brought the matter to the SEC’s attention.  If true, under the rules governing the SEC’s whistleblower program, Mr. Meissner’s client...

SEC Enforcement Spotlight – Bob Marley-Linked Jammin’ Java Charged with Massive Pump and Dump Fraud Scheme

By Tim McCormack The Securities and Exchange Commission filed fraud charges yesterday against nine people in connection with a classic pump and dump market manipulation scheme involving the stock of Jammin’ Java, also known as Marley Coffee.   See SEC Press Release.  According to the SEC’s complaint, Jammin Java’s former CEO Shane Whittle orchestrated the fraud, which culminated in 2011 with the collapse...

Deflate-Gate Revisited: Court Strikes Down NFL Suspension of Tom Brady

By Gordon Schnell In a legal decision heard round the sports world, New York federal judge Richard Berman yesterday nullified the four-game suspension the NFL had previously imposed on New England Patriots superstar Tom Brady.  The punishment was meted out for Brady's alleged involvement in deflating the footballs he used to beat the Indianapolis Colts in last season's AFC Championship Game.  But according to...