Terraform pushes back against SEC's $5.3 billion disgorgement demand
Terraform Labs and co-founder Do Kwon's lawyers oppose the SEC's request for $5.3 billion in disgorgement and civil penalties, proposing a $1 million civil penalty instead. They argue that seeking disgorgement would involve funds from the Luna Foundation Guard (LFG), a non-party in the civil case. Kwon's separate filing opposes the commission's motion, citing Fifth Amendment rights against self-incrimination. Despite Terraform being found liable for defrauding investors, Judge Jed Rakoff has yet to rule on proposed remedies. Kwon, restricted from traveling outside Montenegro, faces extradition requests from the U.S. and South Korea after being arrested for using falsified travel documents.
Archaea Energy Inc. said Monday it has entered an agreement to be acquired by BP PLC. The cash consideration of about $26 per Archaea share is equal to a 38% premium over the stock's price. $Archaea Energy(LFG)$bullish.
US STOCKS WATCHLIST - BEFORE THE BELL:Some stocks I will be watching closely the next few days:(See attached chart for recent performances of 3 of my favourites from the list below...)$Wheels Up Experience Inc.(UP)$- trending heavy social mediaArchaea Energy (LFG) - trending heavy social mediaFuboTV (FUBO) - see my post for more analysis$Blue Apron Holdings Inc.(APRN)$- trending heavy social media$NetEase(NTES)$- earnings out tomorrowPalo Alto Networks (PANW) - earnings out next 5 daysBilibili (BILI) - earnings out tomorrowZoom (ZM) - earnings out next 5 days : more pain to come?AngloGold Ashanti Ltd (AU) -
Hey, this is Stocks_Pedia.I would like to introduce some unfamiliar companies that may be of some help to your investments.The company I'm going to introduce is $PBF Energy Inc(PBF)$.It went public in December 2012.[Company Profile]PBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics.PBF Energy mainly produces gasoline, ultra-low-sulfur diesel and other petroleum products. The company sells its products in Northeast, Midwest, Gulf Coast, and West Coast of the United States, as well as in other regions of the United States, Canada, and Mexico.As of December 31, 2021, the company owned and
25-NSE - Notification filed by national security exchange to report the removal from listing and registration of matured, redeemed or retired securities