Executives

Endava and Executives Face Securities Lawsuit, Enlist Top Legal Firm for Defense

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New York — A leading technology service provider, Endava, along with its CEO John Cotterell and CFO Mark Thurston, finds itself confronting a significant legal battle. The issue at hand is a recently filed securities class action targeting a purported lack of transparency about the company’s business operations. The lawsuit, initiated on August 26 in the New York Southern District Court, represents a notable challenge for the company as it stands accused of failing to adequately notify investors about declining demand and numerous delayed or canceled client projects. Plaintiffs, represented by Scott + Scott and … Read more

Over 190 Top Executives and Law Enforcement Leaders Unite in Support of Harris’s Latest Initiative

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Washington, D.C. — Over 90 top executives from various industries and more than 100 law enforcement officials have publicly endorsed Vice President Kamala Harris, showcasing a broad spectrum of support that spans both the private and public sectors. This endorsement highlights a significant alignment between business leaders and law enforcement professionals on key issues that resonate with the policies promoted by Harris. The executives, representing sectors from technology and finance to healthcare, have expressed their backing for Vice President Harris, underscoring their belief in her leadership abilities and her policy initiatives. These include her work … Read more

Revlon Accuses Company Executives of Sabotaging Britney Spears Fragrance Deal in Shocking Legal Battle

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New York —In a recent legal claim, cosmetics giant Revlon has filed a lawsuit against its own senior executives, alleging that they deliberately undermined the success of a fragrance partnership with pop icon Britney Spears. The renowned makeup company, which had secured a lucrative collaboration for Spears’ fragrance lines, accuses top officials of not fulfilling their responsibilities, leading to significant financial losses and tarnished relationships. According to the lawsuit, the alleged sabotage includes misuse of marketing funds, poor project oversight, and tasks key to product launches being neglected. Revlon hopes to recover damages for what … Read more

Silvergate Capital Settles for $50 Million Amid Regulatory Crackdown, Multiple Executives Face Heavy Penalties

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Washington, D.C. — Silvergate Capital Corp. has agreed to pay a hefty $50 million to settle charges by the Securities and Exchange Commission (SEC), which accused the firm and its key executives of misleading investors about its compliance protocols and customer monitoring capabilities. This agreement comes amid heightened scrutiny from federal and state regulators. The SEC’s allegations centered around claims that Silvergate Capital, its subsidiary Silvergate Bank, and two former officials, including the CEO, provided false assurances about the robustness of their Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) systems. Particularly in focus was the firm’s … Read more