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IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces an Investigation of New Oriental Education …

Fraud Alert:

LOS ANGELES–(BUSINESS WIRE)–Lundin Law PC (http://lundinlawpc.com/)
announces that it is investigating claims against New Oriental Education
Technology Group Inc. (“New Oriental” or the “Company”) (NYSE: EDU)
concerning possible violations of federal securities laws.

To get more information about this investigation, please contact Brian
Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via email at brian@lundinlawpc.com.

Reuters published an article December 2, 2016 revealing that New
Oriental has been accused of engaging in college application fraud. The
article states “[e]ight former and current New Oriental employees…told
Reuters the firms have engaged in college application fraud, including
writing application essays and teacher recommendations, and falsifying
high school transcripts.” The same day, Reuters released an update
claiming that due to its earlier report detailing academic fraud
allegations at New Oriental, the American International Recruitment
Council (“AIRC”) “will investigate the company in response to the
report”, and the AIRC’s president-elect called the allegations “highly
concerning.” When this information was released to the public, the value
of New Oriental fell sharply on December 2, 2016, causing investors harm.

Lundin Law PC was created by Brian Lundin, a securities litigator based
in Los Angeles.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

Article source: http://www.businesswire.com/news/home/20161203005052/en/IMPORTANT-SHAREHOLDER-ALERT-Lundin-Law-PC-Announces




CLARCOR Inc. Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Merger with …

Fraud Alert:

DALLAS--(BUSINESS WIRE)--Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of … [Continue reading]




E-security co spots phishing site

Fraud Alert:

TNN | Dec 3, 2016, 04.00 AM IST Mumbai: US-based cyber security firm Fireeye warned that it has identified a domain that tries to pass off as a payment gateway, but is actually a phishing website. Such phishing websites are linked to emails … [Continue reading]




Financial Phishing Threats To Spike

Fraud Alert:

The holiday season may experience rise in the number of financial phishing attacks, Kaspersky Lab ZAO [announced]. Retrospective research by Kaspersky Lab specialists shows that "over the last few years, the holiday period was marked by an increase … [Continue reading]




The one day in the year you may experience credit card fraud

Fraud Alert:

While you’re contemplating your carefully hung stockings, fraudsters will be out in force. Christmas Eve is the No. 1 day for fraud attempts, accounting for 2.5 percent of all cases annually, according to payments firm ACI Worldwide. Criminals may … [Continue reading]




Banks MUST raise their game onfraud

Fraud Alert:

The financial services industry has major reputational issues. Woeful customer service, poor products, boardroom greed and more besides. But there is a bigger problem bubbling away that the industry needs to tackle head on unless it wants customer … [Continue reading]




Mark Wahlberg Expresses Disdain for Hollywood’s Political Involvement

Fraud Alert:

A number of high-profile celebrities loaned their voices to political interests in 2016, but apparently Mark Wahlberg is not one of them. Wahlberg, 45, spoke to veterans' publication Task Purpose about his most recent project, a film … [Continue reading]




Financial Phishing Threats To Spike as Christmas Nears …

Fraud Alert:

The holiday season may experience rise in the number of financial phishing attacks, Kaspersky Lab ZAO [announced]. Retrospective research by Kaspersky Lab specialists shows that "over the last few years, the holiday period was marked by an increase … [Continue reading]




Keeping the C-suite from getting speared by phishing

Fraud Alert:

By Joan Goodchild Editor-in-Chief |Follow … [Continue reading]




Jury Deadlocked in Walter Scott Case Deliberations

Fraud Alert:

On 2 December 2016, jurors deliberating the fate of former North Charleston police officer Michael Slager said for a second time that they remained deadlocked thanks to a single dissenter in a murder trial over the shooting of unarmed black … [Continue reading]




Mobile Eats the World

Fraud Alert:

Yes, mobile is literally eating the world.  It has become the dominant channel for instant communication and the expressway for banking and commerce worldwide.  As organizations use mobile to transform the way they interact with customers, … [Continue reading]




$30 million investment fraud scheme

Fraud Alert:

A political donor and cable news commentator pleaded guilty on Friday to federal criminal charges in what prosecutors described as a $30 million investment fraud scheme tied to his health-technology company. Sreedhar Potarazu, 51, an ophthalmogist … [Continue reading]




Cuban Phone Call Fraud

Fraud Alert:

Cuba is one of the most expensive countries to call from the U.S. It’s partly because of the embargo’s legacy—which makes directly connecting the U.S. and Cuba phone lines difficult—and partly because of Cuba’s limited and outdated telecommunications … [Continue reading]


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Food-stamp fraud

Fraud Alert:

An Arizona lawmaker who pleaded guilty to food-stamp fraud was sentenced to probation following a hearing Thursday morning in Maricopa County Superior Court. Ceci Velasquez was sentenced to 12 months supervised probation and 100 hours of community … [Continue reading]




Phishing Websites Stealing Information From 26 Indian Banks, Claims FireEye

Fraud Alert:

Researchers from US-based cyber security company FireEye have claimed discovering malicious phishing websites created by cyber criminals that spoof 26 Indian banks to steal personal information from customers.FireEye identified a new domain … [Continue reading]