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Ex-CEO, Ex-CFO of Bankrupt AI Company Charged With Fraud

2 months 1 week ago
The former chief executive and chief financial officer of iLearningEngines, which provided AI-driven business automation technology, were indicted on charges they defrauded investors and lenders by fabricating “virtually all” of the now-bankrupt company’s customer relationships and revenue. Former CEO Puthugramam …
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World Insurance Buys Long Island Agency

2 months 1 week ago
World Insurance Associates LLC reports that it acquired the business of Baldon Insurance Group of Patchogue, New York. Terms of the January 1, 2026 transaction were not disclosed. Baldon, which was established in 2000, is a Long Island independent agency …

Texas AG Sues Kratom Retailers for Deceptive Marketing

2 months 1 week ago
Texas Attorney General Ken Paxton filed a lawsuit against two California-based online kratom retailers for deceptively marketing and selling synthetic kratom products and adulterated products that are up to 96% 7-hydroxymitragynine (“7-OH”). According to the lawsuit, that is nearly fifty …