Law firms
Grindr Inc. (NYSE: GRND) is being investigated by securities law firm BFA Law for potential breaches of fiduciary duties to shareholders in connection with a proposed take-private sale of the company. Major stockholders James Fu Bin Lu and George Raymond Zage, III, have secured debt financing for up to $1
Breach of trust
Israel's conflict with Hamas has yielded a temporary reprieve, but the country's Prime Minister Benjamin Netanyahu faces mounting pressure from coalition partners and protesting citizens. The two-year-long conflict has left the nation's stability wavering, with election looms large on the horizon. With coalition partners
Fraud
A magistrate court in Gusau, Zamfara State, has issued an arrest warrant for businessman Samson Davies, founder of Signature Advisory Limited, due to allegations of criminal breach of trust, misappropriation, and defamation of character. This development comes on the heels of an ongoing criminal prosecution by the Economic and Financial
Fraud
The Central Bureau of Investigation (CBI) has initiated a probe against Reliance Communications Ltd. (RCOM), its director Anil D. Ambani, and others over allegations of defrauding the State Bank of India (SBI) and causing wrongful loss of Rs 2929.05 crores. The FIR states that there were inter-company loan transactions
Fraud
Noted filmmaker Sanjay Leela Bhansali and his associates have been accused of fraud, misbehaviour, and breach of trust by a man who claims he was hired to work on Bhansali's upcoming film, Love & War. The accuser, Prateek Raj Mathur, alleges that he made all necessary arrangements for
Fraud
Film producer Prateek Raj Mathur has filed a complaint against filmmaker Sanjay Leela Bhansali, accusing him of fraud, misbehavior, and breach of trust during the production of Bhansali's upcoming film Love & War. Mathur alleged that he was assigned as the line producer for the film, but his
Fraud
Renowned director Sanjay Leela Bhansali has found himself at the centre of a new controversy surrounding his upcoming film Love & War, which features Ranbir Kapoor, Alia Bhatt, and Vicky Kaushal in key roles. An FIR has been filed against Bhansali and two of his team members in Bikaner, Rajasthan,
Fraud
The situation in the Venganoor Rural Cooperative Development Society has taken a turn for the worse, with multiple depositors coming forward with complaints of financial fraud. The administrative panel of the society has been alleged to have committed a Rs 200 crore fraud, with the police claiming to have registered
Fraud
The Bombay High Court has directed the directors of Ecstasy Realty Pvt Ltd, including promoter Shobhit Rajan, Pulin Bole, and Shivani Varma, to cooperate with the ongoing probe by the Economic Offences Wing (EOW) into an alleged financial fraud. The accused have been ordered to appear before the investigating officer
Fraud
Justice Maryanne Anineh of the Federal Capital Territory, FCT, High Court, Maitama, Abuja, has dismissed an application by Yahaya Adoza Bello, the former Governor of Kogi State, seeking the release of his passport to enable him to travel to the United Kingdom for medical treatment. Bello, who is being prosecuted
Fraud
A 22-year-old musician and businessman, Salman Abdul Hamid, has been arraigned before the Dansoman Circuit Court for allegedly defrauding a trader, Abdul Aziz Jibril, of GHS258,000 under the pretence of exchanging it for US$30,000. The case stems from a complaint filed by Abdul Aziz Jibril, a trader
Fraud
Mike Huckabee, the US Ambassador to Israel, made an unexpected appearance at the trial of Israeli Prime Minister Benjamin Netanyahu, who is facing charges of bribery, fraud, and breach of trust. Huckabee, echoing President Donald Trump's support for Netanyahu, showed up at the court holding a Bugs Bunny
