Longfin Corp - Ordinary Shares - Class A (LFIN) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets.
LongFin Corp Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Here's what happened.The controversial stock surged in the morning before being halted. Enter your details below and select your area(s) of interest to stay ahead of the curve and receive Law360's daily newslettersLaw360 may contact you in your professional capacity with information about our other products, services and events that we believe may be of interest.Law360 takes your privacy seriously. Other news sources are not available. Law360 provides the intelligence you need to remain an expert and beat the competition. 0.30. LongFin Corp Blogs, Comments and Archive News on Economictimes.com
The CEO defended the company on CNBC.The controversial company disclosed an SEC probe and severe problems with its financial reporting.To blame: removal from the Russell 2000 index, and an insane valuation.The fintech and cryptocurrency company is being removed from the Russell 2000 Index. Bill Mann: First of all, the CEO of Longfin has now twice gone on CNBC and has given the most unhinged interviews I have ever seen.
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Market data powered by Apr 16, 2018. Apr 5, 2018 On a good day for the stock market, LongFin made a huge leap and Conn's sank after reporting earnings.The CEO defended the company on CNBC.Despite a big gain for the market, these stocks lost ground. A Manhattan federal judge has ruled that Longfin — a now defunct firm whose shares surged 1000% in 2017 after it bought an undervalued crypto company — must repay $223 million plus interest to investors over alleged securities fraud.In a July 29 order, Judge Denise Cote determined the nine-figure sum is collectively owed by Longfin, its chief executive Venkata Meenaalli, CTO Vivek Ratakonda, and the director of two related companies, Suresh Tammineedi.The ruling granted a default judgment that had been requested by lead plaintiff Mohammad Malik in January. Pink No Info | Close ... Other News Sources. The Strange Tale of LongFin. Its services include importer and exporter financing and Electronic Market Making liquidity trading platform.
LONGFIN INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Longfin Corp. To Contact The Firm /* Style ... 06.04.18 - PR Newswire
The company was founded by Venk...
Washington, DC The Securities and Exchange Commission Friday announced that Longfin Corp. CEO Venkata S. Meenavalli has agreed to pay $400,000 in disgorgement and penalties to resolve the SEC’s fraud action against him. Make sure you don't miss any Law360 breaking news.In the legal profession, information is the key to success. Find the latest LONGFIN CORP (LFIN) stock quote, history, news and other vital information to help you with your stock trading and investing.
Why Shares of LongFin Corp. You have to know what’s happening with clients, competitors, practice areas, and industries. 0.12 (+65.75%) 3:50 PM 07/27/20. Most of this company's business is …
Longfin Corp. operates as a finance and technology company which specializes in structured trade finance solutions and physical commodities finance solutions. A Manhattan federal judge has ruled that Longfin — a now defunct firm whose shares surged 1000% in 2017 after it bought an undervalued crypto company — must repay $223 million plus interest to investors over alleged securities fraud. Real time LongFin Corp (LFIN) stock price quote, stock graph, news & analysis.
Get today's LongFin Corp stock price and latest LFIN news as well as LongFin real-time stock quotes, technical analysis, full financials and more. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.Trading in the fintech company's shares has been halted.The controversial stock surged in the morning before being halted. The company was founded by Venkat S. Meenavalli on February 1, 2017 and is headquartered in New York, NY.
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OTC: LFIN
Allegations that company insiders had sold Longfin shares prompted an investigation from the U.S. Securities and Exchange Commission (SEC) in April 2018, resulting in the stock quickly crashing.In September 2019, the SEC was granted a $6.8 million judgment against Longfin, with a New York federal court finding that the firm had fraudulently qualified for its Regulation A+ offering.The ruling found that the firm had falsely claimed to be principally operated in the United States, misrepresented the number of qualifying shareholders and shares sold in the offering, and had recorded $66 million in “fictitious revenue from sham commodities transaction” — equating to 90% of Longfin’s purported earnings.Meenavalli agreed to pay $400,000 in disgorgement to resolve the SEC’s action against him in January.
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