SEC Charges Pharmaceutical Co. Chief Information Officer in $8 Million Insider Trading Scheme

SEC

The Securities and Exchange Commission today announced insider trading charges against Ramkumar Rayapureddy, Chief Information Officer of pharmaceutical company Viatris Inc., which was formerly known as Mylan N.V. read more »

Crypto is in crisis. It’s not just because of FTX

CNN

The stunning downfall of FTX, one of the largest cryptocurrency exchanges, sent shockwaves through the crypto universe last week. Sam Bankman-Fried, the 30-year-old crypto titan and chief executive of FTX, watched billions of his fortune evaporate in a bankruptcy filing that shook the trillion-dollar industry to its core. The pain likely isn’t over for investors. read more »

Omega Healthcare Investors, Inc. Agrees to Pay $3 Million to Settle Civil False Claims Act Allegations

DOJ

Omega Healthcare Investors, Inc., as successor-in-interest to MedEquities Realty Trust, Inc. (MedEquities), has agreed to pay $3 million to resolve allegations that MedEquities violated the False Claims Act by submitting false claims to the Medicare and Medicaid programs. MRT of Lakeway TX – ACH, LLC (MRT-Lakeway) and Lakeway Realty, LLC (Lakeway Realty) are also parties to the settlement agreement. read more »