Taylor Swift was offered a $100 million sponsorship deal from FTX but turned it down a few months before the crypto firm collapsed after asking the perfect due diligence question, according to a lawyer leading a class action suit against FTX founder Sam Bankman-Fried and nearly a dozen celebrities who signed on with FTX.
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The Supreme Court today published an opinion that limits the SEC’s ability to use disgorgement without considering and deducting legitimate business expenses, making a significant change to how corporate FCPA settlements will be reached with the agency.
This year the SEC has already awarded $114 million to whistleblowers, nearly twice the amount than for all of 2019. Three awards in 2020 are among the ten biggest SEC payouts ever, including last week’s $50 million award to a former BNY Mellon currency trader. Would-be SEC whistleblowers and their lawyers should be tingling with […]