The Securities and Exchange Commission filed a lawsuit against Elon Musk on Tuesday over an alleged securities violation relating to his acquisition of Twitter, now called X. The SEC claims Musk failed to disclose his 5% ownership stake of Twitter in a timely manner, violating federal securities law, according to a complaint filed in federal…
Category: SEC
Fintech, Global IT News, Global Security News, Robinhood, SEC, TC
Robinhood agrees to pay $45M in SEC settlement
Robinhood has agreed to fork out $45 million to settle an investigation by the Securities and Exchange Commission over several alleged violations, reported the Wall Street Journal on Monday. The settlement is being made via two of Robinhood’s brokerage units. One of the violations relates to Robinhood’s November 2021 confirmation that it was hacked “with…
Exclusive, femtech, Global IT News, Global Security News, SEC, Swizzle Fund, Venture, Women's Finance
Swizzle Fund raises $5M for inaugural fund addressing women’s health and wealth
There is a new venture fund in town. Swizzle Fund, founded by Jessica Kamada, former COO of the marketing agency Bamboo, has raised just a little more than $5 million for its Fund I, according to an SEC filing. There was no target raise amount. The firm, which quietly opened in 2023, is an early-stage…
Exclusive, Fundraising, Global IT News, Global Security News, Lerer Hippeau, SEC
Lerer Hippeau files to a raise Fund IX
Lerer Hippeau, one of New York’s most prolific and A-list VC firms, has filed to raise its ninth fund, according to an SEC filing made Wednesday. © 2024 TechCrunch. All rights reserved. For personal use only.