Steven Seagal under siege by SEC

first_imggavel 123RF James Langton Action movie star Steven Seagal has settled charges from the U.S. Securities and Exchange Commission (SEC) alleging he failed to disclose that he was paid to promote an initial coin offering (ICO).The SEC’s order found that Seagal violated anti-touting provisions of federal securities laws when he promoted an ICO by Bitcoiin2Gen (B2G) on his social media accounts and in a press release without revealing that he was promised US$250,000 in cash and US$750,000 in B2G tokens in exchange for the online hype. PwC alleges deleted emails, unusual transactions in Bridging Finance case Related news Mouth mechanic turned market manipulator Seagal settled the charges without admitting or denying the SEC’s findings.In settling the case, Seagal agreed to disgorge US$157,000 — which was the actual amount he received from the company — and to pay a US$157,000 penalty. He also agreed not to promote any securities for three years.“These investors were entitled to know about payments Seagal received or was promised to endorse this investment so they could decide whether he may be biased,” Kristina Littman, chief of the SEC enforcement division’s cyber unit, said in a statement.“Celebrities are not allowed to use their social media influence to tout securities without appropriately disclosing their compensation,” Littman said. BFI investors plead for firm’s sale Share this article and your comments with peers on social media Keywords EnforcementCompanies Securities and Exchange Commission Facebook LinkedIn Twitterlast_img read more

Marketing challenges post Covid-19 lockdown

first_imgThe challenges for marketers post Covid-19 lockdown is inevitable. Although most of the businesses have been granted to operate the functioning is again dependent on many factors like customer availability, high demand, digital support. Most of the Kirana Stores are devoid of any digital support and at this point of crisis, they need the support of digital marketplaces where they can maintain their value chain.In the automobile sectors, Maruti and Hyundai have started their operations since May 4, 2020, and begun the order fulfillments. Mahindra has also started with its attractive offers but the customer’s choice of the market is changed now. They prefer online media more than physical owing to safety measures. The marketers who have been running their businesses offline have to comprehend the transition in the market for their better growth.The small businesses may have more challenges than the big setups. The differential offerings in technology may give an advantage to the companies. The economic package announced by Indian Govt. to support the small businesses, banking sector, and support for the poor citizens of the country may prove to be the facilitator to some extent. The white-collared industry workers especially working for hotels and real estate will have to improvise their marketing strategies to restore their capitalization.The impact of Covid-19 may be heavier than the 1929 depression era, the unemployment rate has gone to around 30% as per CMIE report in India and this may grow in the absence of successful revival of businesses. The betterment of the businesses may lead to the recovery of the Indian economy. The blue-collared industry may have the problems of dealing with their issues of labours required for the production work and the customers as well.The Business units have been opened in the green and orange zone in India. But no guarantee of their continuity in the businesses as the fear of Corona may be there in the resources employed in such units. Further any single case of Corona may lead to the stoppage of the businesses. For instance, the oppo factories case where the units got closed owing to the presence of Covid-19 in their employees. It means not only economically the business will be impacted but also their physical unit fitness is under the scanner. The solution to such challenges is to prepare a clear roadmap for the successful functioning of the businesses globally.last_img read more

Virgin signs West Coast direct award contract

first_imgUK: The Department for Transport announced on June 19 that it had agreed terms with Virgin Rail Group for a direct award contract to operate InterCity West Coast services for a further 2 years and 9 months. Virgin is currently running the business under a stopgap agreement signed in December 2012.The new contract is the sixth direct award to be negotiated by DfT following the relaunch of its franchising schedule in March 2013. Virgin will continue to operate service on the West Coast Main Line until April 2017, when a competitively-tendered long-term franchise is expected to start.Under the deal, Virgin has committed to pay more than £430m in premia to run the franchise. It will also deliver £35m of ‘passenger benefits’, including the conversion of one first class coach to standard class on the 21 nine-car Class 390 Pendolino trainsets and the introduction of free wi-fi at stations. More than £20m will be invested in station enhancements, with extra car parking to be provided at Carlisle, Lancaster and Stafford. Another £2·5m will fund interior improvements on the Pendolino fleet, and £2·7m is allocated for improved catering facilities.In addition, Virgin ‘will now start work to secure new direct services from London to both Shrewsbury and Blackpool from December’, subject to negotiating suitable paths with Network Rail and the Office of Rail Regulation. Shrewsbury would have two trains in each direction on Monday to Saturday and one on Sunday. Blackpool North would see one train each way Monday to Friday.‘The West Coast provides a vital artery between London and Scotland, and it is crucial we do everything we can to improve services on this much-used route’, said Transport Secretary Patrick McLoughlin. ‘This deal will provide thousands more seats and better journeys for the tens of thousands of passengers who use these services every day.’Virgin has committed to working with Network Rail and local communities and stakeholders to look at ways to improve journey times between London and Scotland, including a proposed remodelling of the junction at Carstairs.Virgin Trains Executive Co-Chairman Patrick McCall said ‘we are delighted to have reached a deal, after some tough negotiations with the DfT. It puts the problems of 2012 firmly behind us, and shows the clear benefits of a well-run franchise system. This deal is great news for passengers and taxpayers, with significant benefits for our customers, as well as a big increase in the money we pay to government.’The Department for Transport announced on June 19 that it had transferred the 40% stake in Eurostar which it holds through London & Continental Railways to the Treasury. A joint venture of Keolis (UK) Ltd and Eurostar International Ltd has been shortlisted for the InterCity East Coast franchise, and DfT said the transfer has been done ‘to address any perceived or actual conflict of interests resulting from the interaction between the government’s stake in Eurostar’ and the franchise competition, ‘and in particular any perception of bias arising out of the Secretary of State for Transport’s shareholding in London & Continental Railways’.last_img read more

Criminal case; FIFA President Infantino Kurukil | FIFA

first_imgZurich: The Swiss Special Prosecutor has launched a criminal lawsuit against FIFA president Gianni Infantino. Infantino has been embroiled in controversy over his secret meetings with Swiss Attorney General Michael Loeb, who has been investigating FIFA corruption scandal. FIFA has been rocked by controversy, including the corruption in hosting the World Cup. In Switzerland, the headquarters of FIFA, Lobber was the head of a corruption investigation. Lobar and Infantino have been found to have met three times. Following this, Michael Lauber resigned as Attorney General last week. Action will also be taken against another high-ranking official, Rinaldo Arnold. Special Prosecutor Stefan Keller, who investigated the incident, reported that criminal proceedings could be instituted against Infantino. The main offenses are misuse of government office, breach of official secrets and aiding and abetting criminals. Infantino had earlier received a complaint against the meetings held after he took over as president. It became news a year ago. But Infantino said there was nothing wrong with that meeting. The couple told a federal court they did not remember what was discussed at the meeting that day. The court had strongly criticized this. Content Highlights:Swiss Prosecutor opened Criminal case against FIFA president Gianni Infantinolast_img read more

Bale ruled out of PSG game and a doubt for Celta Vigo

first_img However, he left that game at half-time and the club confirmed on Monday that he is still struggling from a calf problem.  CEST Upd. at 18:12 Celta are currently tied on 18 points with Madrid and Barcelona at the top of the table and have already beaten the latter 4-1 at Balaidos.  Like Madrid, they are unbeaten in their eight La Liga matches so far this season. He then played twice for Wales, before starting Madrid’s weekend win over Levante.  “His recovery will continue to be assessed.” 19/10/2015 “Following the tests carried out on Gareth Bale in the Sanitas la Moraleja University Hospital, the player has been diagnosed with a soleus muscle injury in his left leg,” Madrid wrote in a press release. Sport EN Gareth Bale will miss Real Madrid’s game against Paris Saint-Germain on Wednesday night and is a major doubt for the weekend’s clash with Celta Vigo.  He will not travel to Paris this week and he’s unlikely to make the trip to Vigo, either. The Welshman injured his calf in last month’s Champions League game against Shakhtar Dontesk, but returned to the squad for the recent draw with Atletico Madrid. last_img read more

Titans of table tennis

first_imgAROUND 70 members have signed on for regular table tennis sessions at a Beaconsfield community centre – and more are…[To read the rest of this story Subscribe or Login to the Gazette Access Pass] Thanks for reading the Pakenham Berwick Gazette. Subscribe or Login to read the rest of this content with the Gazette Digital Access Pass subscription.last_img

Leafs look to build on first win of season

first_imgThe Nelson Leafs will be looking to add to its one-game winning streak when the club visits Grand Forks Border Bruins in Kootenay International Junior Hockey League action tonight in the Boundary City.The Leafs, 1-4 to start the season, are still smarting from a 6-2 pounding the club took at the hands of the Bruins and hope to right the wrong of a week ago.“The game in Grand Forks we had kind of a depleted lineup,” said Leaf coach Chris Shaw, who picked up his first win of the season Sunday against Penticton Lakers. “That was kind of a weird hockey game where all of their six goals came on the power play.” The good thing for the Leafs is the Green and White have had little time to forget, which could be bad for the Bruins.Saturday, the road to respectability doesn’t get any easier as the high-flying Fernie Ghostriders visit the NDCC Arena.The ‘Riders are unbeaten in four games, and leaders of the Eddie Mountain Division, heading into the weekend. Fernie boasts former Beaver Valley scoring leader Scott Morisseau and Jordie Cool as offensive weapons.Morisseau, with seven points in four games, had 84 points last season for the Hawks. Game time is 7 p.m.Look for Marcus Beesley and Darren Hogg to continue to split the goaltending duties for Nelson.Nelson hosts Spokane Braves Wednesday at the NDCC [email protected]last_img read more

Lady Gregory Hotel Galway Summer Stages Rally

first_imgNiall Maguire will try to make it two wins in a row in Galway this weekend Headquarters is the Lady Gregory Hotel in Gort and service will be held at the Gort mart.A bumper entry of both national and local crews have been listed for the event which is a round of the Triton Showers National Rally Championship. the Sligo Pallets Border Championship and the Top Part West Coast ChampionshipLocal crews will fight it out for the Ger Conroy Memorial Cup, a contest that promises to be as competitive as usual.Gerry Murphy will report every hour, on the hour with all the latest news, times and details of every stage throughout the day. Last year’s winner Niall Maguire from Co. Monaghan will lead the cars away on the first of nine stages (3 by 3 times) from 10am. This Sunday, in association with the Car Parts Warehouse, Liosban Industrial Estate Galway, Galway Bay FM will bring live coverage of the 2017 Lady Gregory Hotel Galway Summer Stages Rally. print WhatsApp Facebook Twitter Emaillast_img read more

Galway Camogie Convention reaction

first_imgThe Galway County Camogie AGM was held last night in the Loughrea Hotel and Spa. Gerry Hennelly retained his position of County Board Chairman, Claudia Nevin was re-elected Secretary and Bernie Daly is the new Assistant Secretary. Tony O’Donovan is the new Minor Camogie manager and Cathal Murray (pictured) is confirmed as senior manager again for 2019. The following is the full list of officers for 2019… REPRO FREE***PRESS RELEASE NO REPRODUCTION FEE***Liberty Insurance All-Ireland Senior Camogie Championship Round 2, Athenry GAA, Co. Galway 16/6/2018Galway vs WaterfordGalway manager Cathal MurrayMandatory Credit ©INPHO/Laszlo Geczo Chairman – Gerry Hennelly (Ardrahan)Vice Chairman – John O’Gorman (Cappataggle)Secretary – Claudia Nevin (Mullagh)Assistant Secretary – Anne Kearney (Turloughmore)Treasurer – Dessie O’Brien (Mullagh)Assistant Treasurer – Bernie Daly (Mullagh)PRO – James Lundon (Athenry)center_img After the meeting Darren Kelly spoke to Chairman Gerry Hennelly…Audio Player Up/Down Arrow keys to increase or decrease volume.Darren also spoke to Senior team manager Cathal Murray…Audio Player Up/Down Arrow keys to increase or decrease volume..print WhatsApp Facebook Twitter Emaillast_img read more

Gaming enthusiast Dele Alli celebrates Watford goal with weird Fortnite dance

first_imgDELE ALLI celebrated scoring against Watford with a bizarre dance from hit game Fortnite.The battle royale style shoot ’em up has infiltrated football in recent weeks.2 Dele Alli incorporates his love of Fortnite into the beautiful gameCredit: AP:Associated PressTottenham midfielder Alli live streamed himself (under the name delstroyer14) playing the game on Twitch to more than 10,000 viewers last week.And he brought some of his online antics onto the pitch with him – though thankfully nothing too violent.Alli, 22, stood with his hands in the air and swivelled side to side while stamping his feet after slotting in Christian Eriksen’s pass.He was interrupted by team-mate Harry Kane who, along with Leicester’s Harry Maguire, is also a team-mate when playing Fortnite online.Jubilation from Dele Alli as he gives us another Fortnite celebration at Wembley! 👀🎮Watch @SpursOfficial against @WatfordFC live on Sky Sports Premier League now!— Sky Sports MNF (@SkySportsMNF) April 30, 2018 2 Dele Alli scores past Watford after being set up by Christian EriksenCredit: REUTERSIf you know, you know.. 🤣— Dele (@dele_official) April 30, 2018 The England star posted a picture of his celebration to Twitter, captioned: “If you know, you know .. 🤣”Fortnite has gripped the footballing world with players from Atletico Madrid to Cardiff taking inspiration from it.Antoine Griezmann made Arsenal ‘Take the L’ after his goal in the Europa League semi-final first leg, while Cardiff defender Callum Paterson has made Fortnite celebrations his forte this season.In Fortnite, 100 players land on an island with just a pickaxe and must loot the surrounding areas for weapons and materials.The winner is the last person or team standing.Tottenham 2-0 Watford: Harry Kane edges closer to Mo Salah in Golden Boot fight after Dele Alli’s openerlast_img read more