Tag:

Financial Services

NYers Can Now Report Soaring Drug Prices, Pharmacy Complaints Through New State Program NYers Can Now Report Soaring Drug Prices, Pharmacy Complaints Through New State Program
NYers Can Now Report Soaring Drug Prices, Pharmacy Complaints Through New State Program New Yorkers now have an easier way to report skyrocketing prescription drug prices and pharmacy issues, thanks to a new digital platform. The tool, called DFS Connect, was unveiled Monday, March 17, by the New York State Department of Financial Services (DFS) as part of a push to increase transparency and hold drug manufacturers accountable, Gov. Kathy Hochul’s office said. It will allow residents to file complaints about prescription drug price spikes, particularly if a drug’s cost has risen by more than 50 percent in a year. Small, independent pharmacies can also report unfair business pr…
$3.25M USAA Data Breach Settlement: Here's How To Learn If You Could Get Payout $3.25M USAA Data Breach Settlement: Here's How To Learn If You Could Get Payout
$3.25M Usaa Data Breach Settlement: Here's How To Learn If You Could Get Payout Those affected by a major data breach could get a part of a  settlement worth $3.25 million. If your personal information was compromised, you may be eligible for a payout, but you need to act fast to secure your claim before the deadline. The United Services Automobile Association (USAA), a financial services company dedicated to serving military members, veterans, and their families, has agreed to the nationwide class action lawsuit settlement.  This follows allegations that the company failed to adequately protect personal information during a data breach that occurred in May …
Best Bank/Credit Union On Long Island In 2024: Bethpage Federal Credit Union Best Bank/Credit Union On Long Island In 2024: Bethpage Federal Credit Union
Best Bank/Credit Union On Long Island In 2024: Bethpage Federal Credit Union We are thrilled to announce that Bethpage Federal Credit Union, now rebranded as FourLeaf Federal Credit Union, has been named Best Bank/Credit Union on Long Island in the 2024 Daily Voice Readers' Choice Awards! According to its website, Bethpage Federal Credit Union has been serving the Long Island community since 1941. Bethpage Federal Credit Union, now FourLeaf Federal Credit Union, offers a comprehensive suite of financial products and services, including checking and savings accounts, mortgages, loans, and credit cards along with an extensive network of branches and ATMs, per its webs…
Princeton Alum Injured In Deadly New Orleans Attack That Killed Former Teammate Princeton Alum Injured In Deadly New Orleans Attack That Killed Former Teammate
Princeton Alum Injured In Deadly New Orleans Attack That Killed Former Teammate Ryan Quigley, a 2020 Princeton University graduate and former classmate and coworker of Tiger Bech, was injured in the deadly New Orleans pickup truck attack early Wednesday, Jan. 1. Quigley, a Lansdale Catholic High School graduate from the Class of 2016, was hospitalized following the attack, which claimed at least 15 lives, including Bech’s, in New Orleans’ French Quarter. Quigley and Bech both worked at Seaport Global Holdings LLC, a financial services firm in New York, and had remained close since their time at Princeton. Ryan Quigley Facebook/Ryan Quigley @ryan.quigley.3…
Nissan, Honda Eye Potential Merger Nissan, Honda Eye Potential Merger
Nissan, Honda Eye Potential Merger Two of the world's biggest automakers may soon become one. Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. have signed a memorandum of understanding (MOU) to discuss a potential merger aimed at revolutionizing the future of mobility and electrification.  Announced on Monday, Dec. 23, the goal is to establish a joint holding company that could significantly impact the automotive landscape, and potentially make the combined corporation the world's third-largest auto manufacturer. The merger aims to accelerate initiatives for carbon neutrality and zero traffic fatalities by pooling reso…
Goldman Sachs To Fire Over 1,300 Workers, Report Says Goldman Sachs To Fire Over 1,300 Workers, Report Says
Goldman Sachs To Fire Over 1,300 Workers, Report Says New York City-based multinational investment bank and financial services company Goldman Sachs plans to lay off over 1,300 employees, according to a report by The Wall Street Journal. The move is part of an annual review process that culls low performers, the report said, noting the numbers of those getting fired may wind up being as high as 1,800 out of the company's global workforce of around 45,000. The layoffs have already started and will continue through the fall, according to the report. Click here to read the complete Wall Street Journal report.
$2M Scheme: 3 NYers Among 4 Nabbed For Defrauding Company, Feds Say $2M Scheme: 3 NYers Among 4 Nabbed For Defrauding Company, Feds Say
$2M Fraud: 3 From Long Island Among 4 Nabbed For Scheme Four men have been accused of creating hundreds of fictitious brokerage accounts in defrauding a financial services company of more than $2 million. They have pleaded guilty in federal court in Central Islip to money laundering conspiracy in connection with the scheme involving the global financial services firm based in Menlo Park, California, which is located near San Francisco. Three of the four are Long Island residents: Edward Hernandez, also known as “Ghost,” age 33, of Lindenhurst; Christopher Flagg, also known as “Venus," age 28, of Copiague; Daquan Lloyd, also…
$2M Fraud Scheme: Long Island Trio Steals Millions From Financial Services Company, Feds Say $2M Fraud Scheme: Long Island Trio Steals Millions From Financial Services Company, Feds Say
$2M Fraud Scheme: Long Island Trio Steals Millions From Financial Services Company, Feds Say Three Long Island men are among several people accused in an elaborate scheme to defraud a financial services company out of millions. An indictment unsealed in Central Islip federal court on Tuesday, Oct. 31, charges four men with conspiring to commit securities fraud and money laundering. The following Suffolk County residents are named in the indictment: Christopher Flagg (aka “Venus”), age 28, of Copiague Daquan Lloyd (aka “Payday”), age 29, of Copiague Eduardo Hernandez (aka “Ghost”), age 33, of Lindenhurst According to prosecutors, the group created hundreds of sham brokerage accoun…
Former Long Island Investment Adviser Accused Of Stealing $400K From Clients Former Long Island Investment Adviser Accused Of Stealing $400K From Clients
Former Long Island Investment Adviser Accused Of Stealing $400K From Clients A Long Island man has been arrested and charged with allegedly defrauding his former clients of more than $400,000 that he used to pay his personal debts and expenses, including casino gambling debts and credit card bills. Apostolos Pitsironis, age 52, of Dix Hills, a former registered investment advisor, and broker, was arrested on Wednesday, Feb. 10 in Dix Hills, said Seth D. DuCharme, Acting U.S. Attorney for the Eastern District of New York. In approximately 2009, Pitsironis, who worked in the Melville office of a financial services firm, began managing the investments of a married…
Nassau County CIO Sentenced To Federal Prison In $1.14 Million Bribe Scheme Nassau County CIO Sentenced To Federal Prison In $1.14 Million Bribe Scheme
Nassau County CIO Sentenced To Federal Prison In $1.14 Million Bribe Scheme A Roslyn man was sentenced Friday to a plea-bargained two years in federal prison for demanding bribes from the owner of two New Jersey IT staffing firms to get contracts from a Texas financial services company. Mark Berger, 59, must serve all of the sentence handed down by a U.S. District Court judge in Trenton, New Jersey. There’s no parole in the federal prison system. Berger was the chief information officer of SWBC, a financial services company based in Texas, with "the ability and authority to hire certain companies to perform work," U.S. Attorney for New Jersey Craig Carpenito said. …