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Robinhood warns feds could penalize firm over crypto tokens traded on platform

Retail trading platform Robinhood Markets announced on Monday that it received an enforcement action notice from the Securities and Exchange Commission on May 4 over crypto tokens traded on its platform. The company said it had received a so-called “wells notice,” which the SEC issues when it plans to take enforcement action against a company. […]

A’s hire investment firm to secure additional $500 million for Vegas stadium: report

The Oakland Athletics’ stadium in Las Vegas will cost an estimated $1.5 billion, and the team is looking to secure about a third of that money from another company. The organization has reportedly hired Galatioto Sports Partners, an investment firm specializing in sports finance, to help raise $500 million to build the stadium. Nevada taxpayers […]

‘America’s Worst Mayor’ Dropped by Law Firm Representing Her

The law firm representing Democratic Mayor Tiffany Henyard of Dalton, Illinois, has requested that Henyard and the village of Dalton be dismissed from multiple lawsuits, citing unpaid fees. in the letter share with daily mailThe Del Gardo Legal Group warned Henyard and the village board that the village of Dalton was on the verge of […]

Ex-McKinsey partner sues firm, claims he was made opioids ‘scapegoat’

A former McKinsey & Company partner accused the world of defaming him and making him a “scapegoat” to distract from the firm’s work advising OxyContin maker Purdue Pharma and other opioid pain drug makers. sued a consulting firm. Arnab Ghatak, who was fired in 2021, filed the lawsuit in New York state court on Friday, […]