Net News search results for: securities and exchange
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July 24, 2019
FTC Hits Facebook With $5 Billion Fine, Orders Better Privacy Oversight
The FEDERAL TRADE COMMISSION has fined FACEBOOK $5 billion for violating a 2011 privacy settlement. Furthermore, the NEW YORK TIMES reports that the social media giant must create "an independently appointed privacy committee on its board; designate … more »
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April 9, 2019
Entravision Notified Of Late Q4, 2018 Filings
THE NEW YORK STOCK EXCHANGE has notified ENTRAVISION COMMUNICATIONS CORP. that it was not in compliance with the NYSE's continued listing requirements because it did not timely file its Annual Report on Form 10-K for the fiscal year ended DECEMBER … more »
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March 13, 2019
Dallas Brokered Financial Show Host Charged With Running Ponzi Scheme
The SECURITIES AND EXCHANGE COMMISSION has charged a DALLAS radio financial show host with running a Ponzi scheme. WILLIAM NEIL "DOC" GALLAGHER, who bought time on SALEM News-Talk KSKY-A (660 AM THE ANSWER), SALEM Business KEXB-A, and CRAWFORD … more »
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December 20, 2018
Cumulus Stock Rises On Reports Of Brigade Capital Purchase Of Two Blocks Of Shares
Several sources are reporting BRIGADE CAPITAL has purchased a block of CUMULUS MEDIA stock, increased its stake in the stock by 8.31 % for 2,319,044 shares. The purchases of CUMULUS Class A stock reportedly occurred at prices between $10.48 and $11.00 a … more »
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December 18, 2018
iHeartMedia Enters Into A 'Material Definitive Agreement' With Two Stockholders
In a form 8-K filed with the SECURITIES AND EXCHANGE COMMISSION iHEARTMEDIA revealed they had settled two lawsuits related to how those creditors saw the company treating its publicly-traded CLEAR CHANNEL HOLDINGS subsidiary. iHEART wrote NORFOLK COUNTY … more »
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July 3, 2018
Emmis Will Keep Jeff Smulyan In Place Into 2022
EMMIS COMMUNICATIONS Chairman/CEO JEFF SMULYAN isn't leaving his corner office soon - as the company has extended him a new deal as outlined in an 8-K filing with THE SECURITIES AND EXCHANGE COMMISSION (SEC). "Effective [FRIDAY], JUNE 29th, … more »
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June 27, 2018
SEC Filing Shows Beasley Building War Chest... Is The Company Preparing To Buy?
Is BEASLEY BROADCAST GROUP preparing to be a buyer should the right properties become available? A recent SECURITIES AND EXCHANGE Form S-3 Registration Statement may indicate yes. BEASLEY files, "We may offer and sell up to $250,000,000 in the … more »
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June 22, 2018
Ray Lucia Wins Supreme Court Appeal Of SEC Fine, Ban
Syndicated radio financial host RAY LUCIA has won his appeal to the Supreme Court of a $300,000 fine and banning from the investment advisory business for misleading information in his "Buckets of Money" investment strategy. The SAN … more »
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May 9, 2018
iHeartMedia Approves Bonus Structure
In a Form 8-K filing with the SECURITIES AND EXCHANGE COMMISSION (SEC), the Board of Directors of iHEARTMEDIA approved quarterly bonuses for the second, third, and fourth quarters of 2018 for execs of the company. The company wrote, "Under the 2018 … more »
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April 4, 2018
SBS Asks SEC For Additional Time To File Financial Report
Last week (NET NEWS 3/26), SPANISH BROADCASTING SYSTEM, INC. asked the Depository Trust Co. to suspend some trading in SBS' outstanding 10 ¾% Series B Cumulative Exchangeable Redeemable Preferred Stock while questions remain about who owns the … more »