Whistleblower News: Post-SPAC Music Steaming Company Reaches $38.8M Settlement In Ongoing Fraud Action, Exxon CEO Denies Spreading Disinformation On Climate Change, A Big Tech Critic Moves Closer To Leading The Justice Department’s Antitrust Division
Post-SPAC Music Steaming Company Reaches $38.8 Million Settlement in Ongoing Fraud Action
SEC
The Securities and Exchange Commission today announced a $38.8 million settlement of charges against Akazoo S.A., a purported music streaming business based in Greece, for allegedly defrauding investors out of tens of millions of dollars in connection with a 2019 special purpose acquisition company (SPAC) business combination. Akazoo's assets were previously frozen as the result of an emergency action filed by the SEC in September 2020. read more »
Exxon CEO denies spreading disinformation on climate change
AP NEWS
ExxonMobil’s chief executive said Thursday that his company “does not spread disinformation regarding climate change″ as he and other oil company chiefs countered congressional allegations the industry concealed evidence about the dangers of it. read more »
A Big Tech critic moves closer to leading the Justice Department’s antitrust division
NEW YORK TIMES
A Senate committee on Thursday approved a critic of the tech giants to lead the Justice Department’s antitrust division, sending his nomination to the full Senate for a final vote. read more »
