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Sun, 17 Dec 2017 05:50:00 GMT |
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Boston startup Airfox to pay $350K fine over cryptocurrency sale |
 Airfox, a Harvard-born startup that last year held the largest public cryptocurrency sale in Boston, has agreed to pay $350,000 in penalties to state and federal financial regulators as part of a settlement related to the sale.
As part of the settlement, Airfox will also allow investors in its cryptocurrency sale, which raised $15 million, to reclaim the money they spent, plus interest.
In October 2017, Airfox sold cryptocurrency "tokens" — a process called an initial coin offering, or ICO —… |
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MagneGas marks close to 200 percent Q3 revenue growth |
 MagneGas Applied Technologies (NASDAQ: MNGA) ended its third quarter with a 195 percent increase in revenue, largely driven by new acquisitions.
Revenue for the Clearwater-based clean technology company for the period ending Sept. 30 was $2.6 million. The increase is primarily due to the company’s acquisition of Trico Welding Supplies in Northern California, which generated $1.26 million, according to MagneGas’ latest filing with the U.S. Securities and Exchange Commission on Nov. 14.
“2018… |
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Baird expands energy investment banking practice in Houston |
 Milwaukee, Wisconsin-based international financial services firm Robert W. Baird & Co. expanded its Houston-based oil field services energy investment banking team with two new hires.
Gregg Byers was hired as managing director of Baird's energy investment banking Houston office, according to a Nov. 7 release from the private, employee-owned company. He joins veteran Baird energy banker and managing director Kjell Lundal as joint leaders of the company's Houston oil field services banking office.… |
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Delle Joins Missouri’s Town and Country Insurance Agency |
| Troy, Missouri-based Town and Country Insurance Agency has hired Angie Delle as a Medicare specialist and producer. Delle will handle everything from Centers for Medicare & Medicaid Services (CMS) compliance and field underwriting to customer service and personal insurance reviews. … |
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Early Snowstorm Shuts Down Schools, Businesses in Eastern Missouri |
| Snow arrived early in eastern Missouri this year, forcing hundreds of schools and many businesses to close on Nov. 15 and causing numerous traffic accidents. The snowstorm moved into the region Wednesday night and had dumped 4-6 inches (10-15 centimeters) … |
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Leicht Elected President of Texas Surplus Lines Association |
| At its recent annual meeting, the Texas Surplus Lines Association Inc. elected Matt Leicht, owner/underwriter at the Houston-based wholesale insurance firm, Craig & Leicht, as the group’s president. Jennifer Mier, executive vice president with AmWINS Group in Dallas, was named … |
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Fri, 16 Nov 2018 19:47:13 GMT |
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