Categories department of justice

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Justice Dept. files its first coronavirus takedown: a bogus vaccine website

U.S. federal prosecutors have filed and won a temporary restraining order against a website offering a fraudulent coronavirus vaccine, which the Justice Department said is its first enforcement action related to the pandemic. In a statement, the Justice Dept. said the action was taken against a website, said to be […]

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SoftBank reportedly balks at commitment to buy $3B in shares from WeWork shareholders

The Wall Street Journal is reporting that SoftBank Group is using regulatory investigations as a way to back out of its commitment to buy $3 billion in shares from existing WeWork shareholders. WeWork’s spectacular train wreck of an initial public offering was an early harbinger that the good times might […]