The US Department of Labor has initiated a broad investigation into alleged fraud involving H-1B and PERM visas, focusing on potential human trafficking and the displacement of American workers. The probe, announced by Labor Department Inspector General Anthony D'Esposito, includes issuing dozens of subpoenas and targets fraud in industries such as healthcare and tech, where foreign workers may be improperly employed. This crackdown aims to protect American jobs and address connections between visa fraud and criminal activities. The investigation follows recent legal challenges to visa-related fees and is part of a wider anti-fraud campaign by the Trump administration.
A securities class action lawsuit has been filed against Megan Holdings Limited by investors who purchased shares during its September 2025 IPO or between September 2025 and May 2026. The lawsuit alleges the company made false and misleading statemen...
Capital Power Corporation has entered a long-term energy supply agreement to provide 250 megawatts of power to Meta's new data centre in Sturgeon County, Alberta, expected to be operational in late 2028. This deal strengthens Capital Power's position...
Banco Comercial Português, S.A. announced it has made estimated provisions in the second quarter of 2026 to cover legal risks associated with foreign currency mortgage loans held by its subsidiary, Bank Millennium, S.A. This move addresses potential ...
Banco Comercial Português, S.A. announced its estimated provisions for the second quarter of 2026 related to legal risks from Bank Millennium's portfolio of foreign currency mortgage loans. This move reflects the bank's precautionary measures to cove...
Halper Sadeh LLC is investigating whether shareholders of Crinetics Pharmaceuticals, Element Solutions, Identiv, and Simulations Plus are receiving fair treatment in recent sales and asset transactions. The firm suspects insiders may gain financial b...
