A civil complaint by the US Securities and Exchange Commission, the regulator named John Babikian as the operator of the penny stock fluffing scheme via AwesomePennyStocks, Financial Post said.
Sports labor attorney Jeffrey Kessler has filed a lawsuit on behalf of a group of collegiate athletes who are seeking an injunction to discontinue the practice of capping player compensation at the National Collegiate Athletic Association.
Malaysian officials said the Malaysia Airlines Flight 370 was likely hijacked by someone with flying experience, which is why police were scouring the homes of pilot Zaharie Ahmad Shah and co-pilot Fariq Abdul Hamid over the weekend.