Monthly Archives: February 2022

BlockFi Agrees to $100 Million Settlement with SEC and 32 States for Unregistered Crypto Loans

On February 14th, 2022, the Security and Exchange Commission (SEC) revealed BlockFi had agreed to a $100 million settlement for failing to register their crypto lending products and for violations of the Investment Company Act of 1940 and Securities Act of 1933.

Preliminarily Approval of Teva $420 Million Generic Drug Price Fixing Settlement

On January 27, 2022, the U.S. District Court for the District of Connecticut gave preliminary approval to a $420 million all-cash deal to settle claims from a class of investors over misrepresentations related to the value of Teva’s generics drug business, which has been the subject of numerous investigations and lawsuits over far-reaching market allocation and price fixing practices.