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Currently Browsing: Results for Tag "sec"

The SEC is investigating the startup that bought its own vegan mayo

The SEC is investigating the startup that bought its own vegan mayo The Securities and Exchange Commission is reportedly investigating Hampton Creek, the potentially $1 billion company that was caught buying large quantities of the vegan mayonnaise it produces.After inflating its value through this strategy, Hampton Creek raised $90 million from investors.

Two guys allegedly ran a 'Hamilton' tickets Ponzi scheme that netted $81 million

Two guys allegedly ran a 'Hamilton' tickets Ponzi scheme that netted $81 million Was anything more inevitable than a Hamilton Ponzi scheme?The Securities and Exchange Commission charged two men in New York with fraud on Friday for running an $81 million Ponzi scheme that promised to make money reselling tickets to the sold-out Broadway musical.