Fair 32°
Tag:

Securities & Exchange Commission

Business
Cyberattack Hits Krispy Kreme As Hackers Find Hole In Online Ordering System Cyberattack Hits Krispy Kreme As Hackers Find Hole In Online Ordering System
Cyberattack Hits Krispy Kreme As Hackers Find Hole In Online Ordering System Hackers have found a hole in Krispy Kreme's online ordering system, leaving some customers temporarily unable to place digital orders for their favorite donuts.  The company has confirmed the incident and stated that its technical team is actively working to resolve the issue. Krispy Kreme reported that the breach influenced its web-based platforms but did not affect in-store operations or the safety of customers' personal data.  The attack was first discovered at the end of November, the company said in a filing with Securities Exchange Commission (SEC). Krispy Kreme said it "i…

SHARE

by Joe Lombardi
Business
Big Lots To Close Pair Of NY Stores Big Lots To Close Pair Of NY Stores
Big Lots To Close Pair Of NY Stores Discount retail chain Big Lots plans to close around 40 stores this year, according to a filing with the Securities & Exchange Commission (SEC). It currently has around 1,425 stores nationwide. Six stores in New York, Connecticut, and Massachusetts are slated to close, with both New York stores on Long Island. No store closures are scheduled for New Jersey. The company cited rising costs and inflation as reasons for the move and said a bankruptcy filing could be coming. Stores in the Northeast slated for closure are as follows: New York 260 Voice Road, Carle Place 231 Centere…

SHARE

by Joe Lombardi
News
Hudson Valley Entrepreneur Accused Of Defrauding Investors Of Nearly $1 Million Hudson Valley Entrepreneur Accused Of Defrauding Investors Of Nearly $1 Million
Hudson Valley Entrepreneur Accused Of Defrauding Investors Of Nearly $1 Million An entrepreneur from the Hudson Valley has been accused by federal authorities of defrauding investors of nearly $1 million. Audrey Strauss, the United States Attorney for the Southern District of New York, and William F. Sweeney Jr., the Assistant Director-in-Charge of the New York Field Office of the FBI announced that Joseph Cimino, the founder of an Orange County-based tequila company, was arrested Tuesday morning, Feb. 17, and charged with securities fraud and wire fraud arising out of his fraudulent solicitation of investments for the company.  Cimino is scheduled to appear in Wh…

SHARE

by Joe Lombardi
News
Financial Adviser Admits To Stealing $11.5M From Clients Financial Adviser Admits To Stealing $11.5M From Clients
Financial Adviser Admits To Stealing $11.5M From Clients Hector May, a prominent investment adviser, has pleaded guilty to federal charges to participating in a conspiracy to defraud clients in the area out of more than $11 million. May, 77, of Orangeburg in Rockland County,  the president of Executive Compensation Planners in New York City, admitted stealing the money with the help of an unindicted co-conspirator, said Geoffrey S. Berman, the U.S. Attorney for the Southern District of New York announced on Thursday. He pleaded guilty to one count of conspiracy to commit wire fraud before U.S. Magistrate Judge Judith C. McCarthy in…

SHARE

by Kathy Reakes