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Normale Ansicht

Commodities Trader Gets 3 Years in Prison for Hiding Losses

25. November 2025 um 17:50
A former commodities trader in Houston was ordered to spend three years behind bars after admitting to hiding hundreds of millions of dollars in losses from his employer to secure a hefty bonus.

David Smothermon, former chief executive officer of Trammo Gas, right, arrives at federal court in New York, US, on Tuesday, Nov. 25, 2025. Smothermon is scheduled to be sentenced on Tuesday after admitting to hiding hundreds of millions of dollars in losses from his employer to secure a hefty bonus.

Altice USA Sues Apollo, Ares, BlackRock Over Coop Agreement

25. November 2025 um 12:45
Altice USA Inc. filed an antitrust lawsuit against some of its largest creditors Tuesday, an opening salvo ahead of potential discussions to restructure its $26 billion debt pile.

BRAZIL - 2020/10/18: In this photo illustration the Altice USA logo seen displayed on a smartphone. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)
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