Tag: U.S. Securities and Exchange Commission
Rubius Therapeutics files for liquidation and dissolution
SMITHFIELD – Massachusetts-based Rubius Therapeutics Inc., which sold its Rhode Island facility earlier this month after reporting financial hardships, has filed for liquidation and...
2 Hasbro board members to retire
PAWTUCKET – Three months after reelecting all 13 directors to its board and winning a proxy battle with an activist investor, Hasbro Inc. announced...
Hasbro shareholders reject challenge from activist investor Alta Fox
PAWTUCKET – Hasbro Inc. shareholders have voted to reelect all of the company’s 13 directors to its board, rejecting a slate of three nominees...
Musk puts Twitter buy on hold, casting doubt on $44B deal
DETROIT (AP) – Elon Musk said Friday that his plan to buy Twitter is "temporarily on hold," raising fresh doubts about whether he'll proceed...
Cryptocurrency lender to pay nearly $1M to R.I. in national settlement
PROVIDENCE – A New Jersey-based financial services company will pay nearly $1 million to Rhode Island for promising high-return investments on risky, unregistered cryptocurrency...
R.I. man charged with defrauding investors in Ponzi scheme
PROVIDENCE – David Wagner of East Greenwich and Downing Partners LLC and its subsidiaries have been charged with defrauding investors out of millions of dollars.
Separate...
Boards of directors for Washington Trust and Halsey Associates approve merger
WESTERLY – The boards of directors of The Washington Trust Co. and the bank’s wholly owned subsidiary Halsey Associates Inc. approved the merger of...
Better Markets applauds Supreme Court decision on liability of fraud
PROVIDENCE – Better Markets, a nonprofit advocating for the public’s interests in financial markets, applauded a new U.S. Supreme Court decision in the case...
Galvin announces ‘landmark settlement’ with coin offering issuer AirFox
PROVIDENCE – Mass. Secretary of the Commonwealth William F. Galvin has reached a “landmark settlement” with Boston-based initial coin offering issuer AirFox.
AirFox agreed to...
Trump’s SEC proposes rewrite of Obama-era broker conflict rules
NEW YORK – The U.S. Securities and Exchange Commission on Wednesday proposed overhauling its conflict of interest rules for brokers, a move likely ensuring...
