Whistleblower News: S.E.C. Has Issued A Subpoena To Archegos, Facebook Is Drawing A Bipartisan Backlash From Congress But The SEC Could Deliver A Tougher Blow, US To Join Suit Against Tennessee Health System Alleging $800M In Fraud
The S.E.C. has issued a subpoena to Archegos, the $10 billion firm that collapsed spectacularly
NEW YORK TIMES
Lawyers with the Securities and Exchange Commission have served a subpoena on Archegos Capital Management, the $10 billion family investment office that suddenly collapsed in March, roiling the stock market as its losses reverberated through the banking industry. read more »
Facebook is drawing a bipartisan backlash from Congress, but the SEC could deliver a tougher blow
WASHINGTON POST
Facebook is facing legal assaults from the Federal Trade Commission over antitrust concerns and broad criticism from lawmakers who say they are newly interested in long-stalled legislation that would curb the social media giant’s power. But Facebook whistleblower Frances Haugen’s strategy of turning to the Securities and Exchange Commission may represent the most potent threat to the company, experts in securities law said. read more »
US to join suit against Tennessee health system alleging $800M in fraud
BECKERS HOSPITAL REVIEW
The U.S. government filed a motion to intervene Oct. 8 in a whistleblower false claims lawsuit filed against Methodist Le Bonheur Healthcare in Memphis, Tenn. read more »
