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A former Allianz fund manager was spared prison time on Friday over his role in a meltdown of private investment funds sparked by the COVID-19 pandemic that caused an estimated $7 billion of ...
Pages in category "Companies disestablished due to the COVID-19 pandemic" The following 26 pages are in this category, out of 26 total. This list may not reflect recent changes .
The company's stores were sold to a group of liquidators, and its CEO announced that all stores would close by the end of August 2016. [286] [287] Stein Mart filed for Chapter 11 bankruptcy in August 2020 with intent to close all of its locations due to the COVID-19 pandemic. [288] Sur La Table filed for Chapter 11 bankruptcy in July 2020. [22]
The 2020 congressional insider trading scandal was a political scandal in the United States involving allegations that several members of the United States Senate violated the STOCK Act by selling stock at the start of the COVID-19 pandemic in the United States and just before a stock market crash on February 20, 2020, using knowledge given to them at a closed Senate meeting.
WASHINGTON (Reuters) -The U.S. Justice Department filed a complaint and announced a civil enforcement action on Monday against financial technology company Dave and its CEO Jason Wilk for alleged ...
The $116 billion in extra COVID-19 profits that Jeff Bezos and the Walton family hoarded in 2020 is 35 times the amount the two companies awarded their workers in hazard pay in the same year ...
Due to a global banking panic, mainly from the preceding collapses of Silicon Valley Bank and Signature Bank, a bank run forced the bank to be placed into receivership by the FDIC and then sold to JPMorgan Chase [19] Signa Holding: Austria: November 2023 Real Estate, Retail: The company collapsed in 2023 with a €23 billion ($25 billion) of ...
Recalls have become a recurring matter for the company as well: In February 2021, Tesla was forced to recall 135,000 Model S and Model X vehicles built between 2012 and 2018 due to using a flash memory device that was only rated to last five to six years [261] and, between November 2021 and February 2022, there were eight recalls across models ...