CompaniesBIO

A mushroom product sold in 15 states is being recalled after tests revealed the presence of salmonella. Tai Phat Wholesalers LLC said it was recalling four types of packages of its “Three Coins Dried Mushrooms” after routine testing by the Maryland Department of Health found the bacteria in items bought at a retail store . The mushrooms are sold in Florida, Georgia, Kentucky, Maryland, Massachusetts, Minnesota, Mississippi, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Tennessee and Virginia. Three Coins Dried Mushrooms. No illnesses have been reported to date. Sales of the product have been suspended while the Maryland Department of Health and the company continue an investigation. Source: https://companiesbio.com/mushrooms-sold-in-15-states-recalled-due-to-salmonella-concerns-CBIO282.html?utm_source=blogger_source&utm_medium=blogger_medium&utm_campaign=blogger_cam Category: Business News Post by: CompaniesBIO.Com

The Securities and Exchange Commission today charged two North Carolina-based executives, Gregory E. Lindberg and Christopher Herwig, and their Malta-based registered investment adviser, Standard Advisory Services Limited, for defrauding clients out of more than $75 million through undisclosed transactions that benefited themselves and their companies. According to the SEC’s complaint, from July 2017 through 2018, Lindberg and Herwig, through Standard Advisory, breached their fiduciary duties to their advisory clients by fraudulently causing them to engage in undisclosed related-party transactions that were not in the best interest of their clients. The SEC’s complaint further alleges that the defendants misappropriated more than $57 million in client funds and that Standard Advisory collected more than $21.4 million in advisory fees generated in connection with these schemes. In an attempt to conceal the fraud, Lindberg allegedly orchestrated the schemes through complex investment...