Yossi Engel Accused of Scamming Investors By SEC

Yossi Engel made connections and gained the confidence of members of an Orthodox synagogue in Los Angeles before pursuing them with his allegedly fraudulent investment scam. The SEC lawsuit claims that Mr. Engel “cultivated a reputation in the Orthodox Jewish community as a Torah scholar and as a charitable giver.” He spent time teaching Torah …

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China Pushes Hard to Restart Its Economy

China’s top state planner has stated that the country’s economy will likely improve, but “arduous efforts” are required to maintain the rebound in growth due to an unfavorable external environment and the loss of momentum in the global economy. The comments were made on Friday after dismal November economic activity data was released. Expectations are …

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Nikola Makes Deal With Plug For Hydrogen Tech

Nikola Corporation (Nasdaq: NKLA), a world pioneer in emission-free transportation and energy supply and infrastructure solutions, and Plug Power (Nasdaq: PLUG), a pioneer in providing turnkey hydrogen solutions for the global green hydrogen economy, have announced a strategic partnership to advance the hydrogen economy. As a leading hydrogen-powered cabover for extended or continuous metro-regional applications, …

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Hernia Mesh Lawsuit – Product Injuries, Settlements & Compensation

A hernia occurs when an organ or tissue protrudes through a weak spot in the surrounding muscle or connective tissue. Hernias are most commonly seen in the abdomen but can also occur in the groin, diaphragm, and chest. Hernia mesh is a medical device used to reinforce the surrounding tissue and prevent the hernia from …

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FEC Fines Clinton and DNC For Lying About Trump In 2016

Federal Election Commission fines Hillary Clinton’s 2016 campaign and the Democratic National Committee for lying about the funding of the discredited Russian “dossier”, which was used in a smear effort against Donald Trump just weeks before his shocking 2016 victory. According to the election agency, Clinton and the DNC broke strict rules regarding the description …

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FINRA Fines Merrill Lynch, Pierce, Fenner & Smith $15.2 Million

FINRA today announced that Merrill Lynch, Pierce, Fenner & Smith, Inc. has been ordered to pay $15.2 million in restitution to thousands of customers who purchased class C mutual fund shares, even though Class A shares were significantly cheaper. Mutual fund issuers offer a variety of classes of mutual funds shares, including Class A shares …

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