Tag: U.S. Securities and Exchange Commission
Dighton police chief charged with insider trading resigns
DIGHTON – Town Police Chief Sean Cronin, who was charged in an insider trading scheme that prosecutors say garnered $72,000 for himself and millions...
Dighton police chief charged with insider trading
DIGHTON – Town Police Chief Sean Cronin was charged Thursday with insider trading that reaped $72,000 for himself and an additional $1.6 million for...
Bally’s sees profit surge to $178.3M in Q1
PROVIDENCE – Bally’s Corp. on Tuesday reported a $178.3 million profit in the first quarter of 2023, a sharp rise from $1.9 million a...
Mass. regulators investigating Citizens Securities over sale of CBL annuities
PROVIDENCE – A Citizens Financial Group Inc. subsidiary is under investigation by Massachusetts securities regulators regarding its sale of annuities controlled by now-indicted financier...
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.
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