Biotech Exec Charged With COVID Test Fraud

In the latest legal fallout from an alleged fraud related to the COVID-19 pandemic, the U.S. Securities and Exchange Commission has accused the president of biotech firm Arrayit of making false claims to investors. According to the SEC, Mark Schena stated that Arrayit had developed a COVID-test and that it was awaiting emergency approval when, […]

Ex-Amazon Employee Accused of Insider Trading

A former manager in Amazon’s tax department and two family members have been charged with making insider trades in advance of the company’s earnings announcements. The U.S. Securities and Exchange Commission said Laksha Bohra passed on highly confidential information...