Amazon starts probe over bribe to gov’t officials by its lawyers in India, report says

TECH CRUNCH

Amazon has launched an investigation into the conduct of its legal representatives in India following a complaint from a whistleblower who alleged that one or more of the company’s reps had bribed government officials, Indian news and analysis outlet the Morning Context reported on Monday. read more »

SEC Charges Crowdfunding Portal, Issuer, and Related Individuals for Fraudulent Offerings

SEC

The Securities and Exchange Commission today charged three individuals and one issuer with conducting a fraudulent scheme to sell nearly $2 million of unregistered securities through two crowdfunding offerings. The SEC also charged the registered funding portal and its CEO, who placed the offerings on the portal’s platform. read more »

Twitter seeks to settle 2016 class action lawsuit for $800 mln

REUTERS

Twitter Inc (TWTR.N)said on Monday it would pay $809.5 million to settle a shareholder class action lawsuit from 2016 that alleged the company misled investors about its daily and monthly user engagement numbers. read more »