Martina Barash
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Reporter covering product liability and other issues @blaw. Knitter. Tweets my own. RTs not endorsements.
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Webull Accused of Misleading Traders on Tax Calculation Options
A brokerage that caters to day traders allegedly breached its contract with customers and committed common-law fraud by misrepresenting its tax accounting methods, according to a proposed class action. Webull Financial LLC allowed users to set the last-in-first-out method as their default but didn’t honor that selection, plaintiff Devin Rose said in his complaint, filed Wednesday in the US District Court for the Southern District of New York.
Whistleblower Seeking Award Waited Too Long to Tell SEC Directly
A man who provided information to a journalist, federal prosecutors, and finally the SEC about a suspected foreign bribery scheme by his former employer isn’t entitled to a whistleblower award, a federal appeals court ruled Wednesday.
Tattooed Chef Investors Get Sign-Off on $4.8 Million Settlement
Tattooed Chef Inc. investors received a federal court’s final approval for their roughly $4.8 million class settlement of securities fraud claims against co-founders and former executives of the bankrupt frozen food producer. Judge George H. Wu also approved about $1.3 million in attorneys’ fees in the order docketed Tuesday in the US District Court for the Central District of California. Wu preliminarily approved the deal in May.
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