Gillian Brassil
Securities Litigation Reporter at Bloomberg Law
@mcclatchydc correspondent for @sacbee_news, @fresnobee, @modbee, @slotribune & @mercedsunstar. she/her
Articles
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5 days ago |
news.bloomberglaw.com | Gillian Brassil
COURT: C.D. Cal. TRACK DOCKET: No. 8:25-cv-00981 (Bloomberg Law subscription)Compass Diversified Holdings overstated its financials and internal controls before revealing it needed to restate 2024 results while it probes its luxury jewelry subsidiary’s accounting, said an investor’s proposed class action filed Friday.
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5 days ago |
news.bloombergtax.com | Gillian Brassil
Digimarc Corp. hid from investors it lost a major contract in 2024 that dinged its financial results before a record stock drop, a proposed class action said. Share prices plummeted more than 43% Feb. 27, the day after the digital watermarking company said annual recurring revenue fell to $20 million in 2024 compared to $22.3 million the year prior, an investor told the US District Court for the District of Oregon Thursday.
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5 days ago |
news.bloomberglaw.com | Gillian Brassil
Digimarc Corp. hid from investors it lost a major contract in 2024 that dinged its financial results before a record stock drop, a proposed class action said. Share prices plummeted more than 43% Feb. 27, the day after the digital watermarking company said annual recurring revenue fell to $20 million in 2024 compared to $22.3 million the year prior, an investor told the US District Court for the District of Oregon Thursday.
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6 days ago |
news.bloombergtax.com | Gillian Brassil
A cryptocurrency casino creator lost about $3.7 million of his investors’ funds on risky digital asset trading and online gambling, a Securities and Exchange Commission enforcement action said. Richard T. Kim, the founder and CEO of Zero Edge Corp., spent most of the roughly $3.8 million in his company’s crypto wallet across four days, the SEC told the US District Court for the Southern District of New York.
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6 days ago |
news.bloombergtax.com | Gillian Brassil
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