investigation

UK’s Competition Regulator Digs Further Into StubHub-Viagogo Merger
UK’s Competition Regulator Digs Further Into StubHub-Viagogo Merger
June 25, 2020  |  ANTITRUST

Britain’s Competition and Markets Authority (CMA) is taking a closer look into how the possible $4 billion merger of StubHub and Viagogo will affect competition,...

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Philippines Opens Probe Into Wirecard’s Missing Cash
Philippines Opens Probe Into Wirecard’s Missing Cash
June 24, 2020  |  Security & Fraud

The Philippines has launched an investigation into the missing $2.1 billion that Wirecard said it deposited in two of the island nation’s banks, Reuters reported....

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SoftBank Faces Scrutiny For $1B Investment In Wirecard
SoftBank Faces Scrutiny For $1B Investment In Wirecard
June 24, 2020  |  Security & Fraud

As the Wirecard scandal unfolds, SoftBank Group Corp. is facing questions about its investment in the embattled German payment services provider, CNBC reported. Last year, the Tokyo-based global...

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Report: SEC Probing Public Firms That Received PPP Funds
Report: SEC Probing Public Firms That Received PPP Funds
May 28, 2020  |  Loans

The U.S. Securities and Exchange Commission (SEC) has launched an investigation into publicly traded companies that received COVID-19 stimulus funds, Bloomberg News reported. Agents are...

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Luckin Coffee CEO and COO Fired After Fraud Probe
Luckin Coffee CEO and COO Fired After Fraud Probe
May 12, 2020  |  Personnel

An internal investigation into alleged fraud at Luckin Coffee Inc. has led to the firing of several top executives at the Beijing, China-based java giant,...

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Amazon Allegedly Poached Info From Sellers To Launch Competing Products
Amazon Allegedly Poached Info From Sellers To Launch Competing Products
April 23, 2020  |  eCommerce

Amazon is facing charges that it violated its own policies when employees took data from its independent sellers to launch competing products, The Wall Street...

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Indian Court Pressed To Restart Antitrust Probe Of Amazon, Flipkart
Indian Court Pressed To Restart Antitrust Probe Of Amazon, Flipkart
April 07, 2020  |  ANTITRUST

A group of Indian retailers is appealing a court order that put an antitrust probe of Amazon and Walmart-owned online retailer Flipkart on hold, according...

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Luckin Launches Probe Into Alleged Inflated Revenues
Luckin Launches Probe Into Alleged Inflated Revenues
April 02, 2020  |  Security & Fraud

An internal investigation is underway by the board of directors of Luckin Coffee Inc. into its former COO who may have inflated estimated revenues by...

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AML Probe Into Swedbank Turns Up $4.8M In Possible Violations
AML Probe Into Swedbank Turns Up $4.8M In Possible Violations
March 11, 2020  |  Security & Fraud

The Swedbank anti-money laundering (AML) probe by the law firm Clifford Chance has uncovered 586 transactions totaling roughly $4.8 million in possible U.S. sanction violations,...

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