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1–4 of 4 matches

  1. News

    SEC charges Meyer Global Management and its CEO with fraud, alleging at least $1.27 million was misappropriated from private funds meant to hold SpaceX and other pre-IPO shares

    …the same day in the U.S. District Court for the Southern District of New York, is an allegation, not a finding. What the SEC alleges The complaint says the company and Meyer raised at least $18,500,000 from…

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    The Securities and Exchange Commission filed a civil complaint September 30 in the Southern District of New York against Meyer Global Management LLC and its CEO, Owen E.H. Meyer. It alleges that since at least December 2021 they misused money in private funds set up to hold SpaceX and other pre-IPO interests, including at least $1,270,000 misappropriated, and misled investors. The SEC seeks injunctions, surrender of gains and penalties. Neither document reports a settlement or gives investors instructions.

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  2. News

    Four things to check at home this week: two sunscreen ingredients FDA just ruled out, a 2.3-million-bottle candy recall, fire-spray canisters that can rupture, and a cheese with undeclared egg.

    …trash. Cabricharme cheese: an egg protein not on the label Whole Foods Market of Austin, Texas "is recalling Fromagerie Coop de Mean Cabricharme cheese because the product contains egg lysozyme, an egg white…

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    On September 11 the FDA published a final order removing PABA and trolamine salicylate as sunscreen active ingredients, finding that a sunscreen containing either is not generally recognized as safe and effective. The day before, the Consumer Product Safety Commission announced two recalls a household can check in seconds: about 2.3 million Ricky Joy Sour Crush rolling liquid candy bottles, whose rolling ball can detach and choke a child, and about 31,000 Hero Fire Spray canisters, which can deteriorate and rupture — the firm has nine reports of canisters exploding or deteriorating in storage. And Whole Foods Market is recalling Cabricharme cheese sold at 18 stores because it contains an egg protein not declared on the label. What each notice asks you to look for, and what none of them says.

    Matched in summary, article text

  3. News

    A federal program let state housing agencies insure their own affordable-housing loans, backing 93,670 rental units in a decade. HUD says it has had no claim since 2014, and has never done an on-site review of the agencies, citing resources.

    …housing tax credits. The money is concentrated: agencies in New York, Massachusetts and Maryland account for about 67 percent of the lending. Most projects are between 50 and 199 units. Against the…

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    GAO's report of September 15 describes HUD's multifamily risk-sharing program, in which state and local housing finance agencies underwrite affordable-housing loans that FHA insures, sharing between 10 and 90 percent of any loss. From 2016 through 2025 the agencies wrote more than $12 billion of insured loans, financing 776 projects and about 93,670 rental units, roughly 7 percent of the units across the FHA multifamily programs GAO compared. Three states account for about two-thirds of the lending. HUD officials told GAO there have been no claims on risk-sharing loans since 2014, and that HUD has not conducted on-site reviews of the agencies because of resource constraints, unlike the private lenders in its traditional program, who face a full review every three years. The governing handbook dates from 1995. GAO makes no recommendations, and HUD and Treasury sent no comments.

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  4. News

    August 4: the year that was missing from our own Epstein file.

    …the record itself rather than a description of it. 7 July 2020 — the New York State Department of Financial Services imposed a $150 million penalty on Deutsche Bank AG, its New York branch, and Deutsche Bank…

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    Hugin's largest case file recorded the Supreme Court declining to review a decision the file never contained. Between December 2023 and August 2025 it held no dated entries at all, with ten primary sources supporting nothing. A structural audit found it, then a second check found the same shape in the Boeing file — no entries for 2019, the year of the second 737 MAX crash and the grounding. Nine rows added across two cases, one date corrected against the opinion itself, one source demoted because it cannot be reached.

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