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TerraCycle US launches $75M Reg A offering to fuel growth
TerraCycle US launched a $75 million Regulation A offering, after a successful Reg CF raise last year, targeting acquisitions and expansion of recycling operations.
Jersey Mike’s files for IPO, targets $12B valuation
Jersey Mike’s has filed confidentially for an IPO, with reports valuing the fast-growing sandwich chain at more than $12B ahead of a potential 2026 debut.
SEC drops FCPA bribery case against ex-Cognizant execs
The move follows the Department of Justice's decision in April to dismiss its criminal charges against the pair.
SEC taps Philly regional director as chief litigation counsel
Nicholas Grippo has helmed the Philadelphia office’s staff of more than 150 attorneys, accountants, investigators, securities compliance examiners and others since 2022.
SEC hits Avaya with $1M penalty for ‘misleading cyber disclosures’
The company was one of four to settle with the Securities and Exchange Commission for charges related to effects of the SolarWinds' Orion software compromise.
Former New Jersey AG Grewal to depart SEC
The Securities and Exchange Commission lauded Gurbir Grewal, previously attorney general for the Garden State, for his work with the commission.
Traphagen settles with SEC, agrees to pay $225K
The Securities and Exchange Commission announced charges against 11 institutional investment managers for failing to file required Form 13F reports, including one from New Jersey.
Monmouth man charged with defrauding Gold Star families
"There is no room for those who seek to rip off families of fallen service members to make a buck," U.S. Attorney for New Jersey Philip Sellinger said announcing the 10-count indictment.
Chatham advisory firm, founder will pay $19M to settle charges, SEC says (updated)
Anthony Melchiorre and the company he created consented to the order without admitting or denying its findings.
SEC charges Secaucus-based developer, execs with $600M ‘Ponzi-like fraud’ (updated)
The move follows a Summary Cease and Desist Order from the New Jersey Bureau of Securities that was issued over the summer. Earlier that month, National Realty Investment Advisors LLC filed for Chapter 11 bankruptcy protection.
Three men charged with fraud stemming from $100M New Jersey deli
The 12-count federal indictment is centered around an alleged market manipulation scheme regarding Hometown Deli in Paulsboro, which produced less than $40,000 in annual revenue but saw its share price jump from approximately $1 in October 2019 to nearly $14 per share by April 2021, leading to the grossly inflated market capitalization.
BlockFi to pay $100M in ‘first-of-its-kind’ crypto registration case
As part of the agreement – which contains no admission or denial of wrongdoing or liability – the Jersey City-based company will also attempt to bring its business within the provisions of the Investment Company Act within 60 days.
