Corporate Misconduct Case Study: NewEdge Securities & Its Impact on Public Finance TLDR: Financial firm NewEdge Securities LLC engaged in a multi-year scheme to deceive underwriters and improperly obtain new issue municipal bonds, which are used to fund public projects.…
Corporate Greed Case Study: Bank of America & Its Impact on California’s Unemployed and Disabled TLDR: A Lawsuit’s Damning Allegations A federal class-action lawsuit accuses Bank of America of systematically seizing tens of millions of dollars in investment earnings that…
Corporate Pollution Case Study: L.D. McCauley / McGard LLC & Its Failure to Report Toxic Chemicals TLDR: For years, L.D. McCauley, LLC, a New York-based automotive parts manufacturer and a subsidiary of McGard, LLC, operated without disclosing its use of…
Corporate Negligence Case Study: Alcon Laboratories Inc. & Its Impact on Consumer Health TLDR; A Summary of the Allegations: A class-action lawsuit alleges that Alcon Laboratories Inc. sold Systane brand eye drops labeled as “STERILE” despite them being contaminated with…
Corporate Greed Case Study: Northern Trust Securities & Its Impact on Market Transparency TLDR: For over eight years, from August 2016 to December 2024, Northern Trust Securities, Inc., a major player in the financial industry, failed to report its commissions…
Corporate Greed Case Study: Tigress Financial Partners & Its Impact on Market Integrity TL;DR: Wall Street firm Tigress Financial Partners, LLC was sanctioned for major compliance failures that exposed the market to significant risks. For years, the firm operated an…
Corporate Misconduct Case Study: Tesla & Its Impact on Vehicle Owners TLDR: A lawsuit alleges Tesla designs its electric vehicle odometers to deliberately overstate the miles driven. This practice causes vehicle warranties to expire out of the warranty range prematurely,…
Corporate Misconduct Case Study: Netgain Technology, LLC & Its Impact on Consumers TLDR: Netgain Technology, an IT vendor specializing in healthcare and accounting industries, allegedly failed to implement adequate data security measures despite marketing itself as a cybersecurity expert. This…
Corporate Greed Case Study: FTP Securities LLC & Its Impact on Regulatory Integrity TLDR: A Wall Street firm, FTP Securities LLC, allowed one of its employees to run an outside investment business with minimal oversight. For nearly two years, the…
Corporate Greed Case Study: USCA Securities & Its Impact on Financial Stability TL;DR: Houston-based financial firm USCA Securities LLC operated for 35 days without the minimum cash reserves legally required to protect the market, a core tenet of post-Great Depression…