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BISX listee's principal seeks SEC suit dismissal
A BISX-listed company’s principal, and its broker/dealer affiliate, are demanding that a federal regulator’s lawsuit against them be dismissed because the US courts have “no jurisdiction”.
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Flying colours
One last day of competition stands between the St Augustine’s College Big Red Machine and the high school’s 25th consecutive BAISS Track and Field championship title.
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Cabbage Beach access row ‘about property rights, not birthrights’
THE relocation of the dozens of Cabbage Beach vendors upset over the closure of an access point to the popular Paradise Island property is not the responsibility of the landowners but the government, according to Atlantis’ Senior Vice-president of Public Affairs Ed Fields.
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Two game leads in NPBA best of five championship series
THE Giants basketball teams are at opposite ends of the spectrum against the Rockets as the New Providence Basketball Association began its best-of-five championship series over the weekend at the AF Adderley Gymnasium.
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Sports in brief
THE Baptist Sports Council completed the first week of the 2013 Coca-Cola Softball Classic in the Banker’s Field at the Baillou Hills Sporting Complex on Saturday with the Bahama Island Baptist Association (BIBA) making the most noise.
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Dames, Lightbourne to join Panthers prep programme
THE BC Christian Prep Panthers basketball programme is establishing itself as a pipeline for Bahamian talent and will add another pair of local student-athletes.
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sports inbrief
NPSA ELECTIONS A NUMBER of sporting bodies will conduct their election of officers this year. The first one is the New Providence Softball Association, which is expected to go to the polls 7pm Thursday at Banker's Field, Baillou Hills Sporting Complex. Al
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sports inbrief
NPSA ELECTIONS A NUMBER of sporting bodies will conduct their election of officers this year. The first one is the New Providence Softball Association, which is expected to go to the polls 7pm Thursday at Banker's Field, Baillou Hills Sporting Complex. Al
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Jones posts 17pts, 12 rebounds, 2 blocks
IN the midst of contract negotiations with the Connecticut Sun during WNBA free agency, Jonquel Jones continues her series of dominant performances in the Russian Premier League.
Obit
Adina Simmons
Adina Simmons age 81 years died in Philadelphia on Thursday, June 5th, 2014. She is survived by her children: Beverley, Roy, Alzie, Orville and Annmarie; son-in-law: David Godfrey; daughter-in-law: Christine Henry; grandchildren: Keyonita, Miguel, Mario, Georgia, Troy, Ricardo, Alfardo, Ricky, …
Obit
Olimpsia Pierre
DEATH NOTICE FOR Ms. Olimpsia Pierre, 81 of #53 Jumbey Street, Pinewood Gardens She is survived by 1 Daughter Rosemarie Pierre Ocvtavien Son in Law: Johnny Octavien 1 Brother Charles Pierre 1 Niece 1 Nephew 9 Grand Children 6 Great …
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Solar AC shines for savings light
Where did winter go? Just the other week we were wearing warm jackets, but now it feels like summer is already here. The forecast for this summer, like every year in the Bahamas, is sunny and hot.Normally, this means just one thing: Ya’ll ga sweat. Today, however, we will see how you can use the sizzling summer sun to remain cool.
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NPBA Championships: Rockets sweep Giants
WHILE the Discount Distributors Rockets celebrated with a three-game sweep of the New Providence Basketball Association men’s division one championship series, dethroning the Commonwealth Bank Giants, the division II series between the Sun Oil Rockets and the Your Essential Store (YES) Giants will go right down to the wire in the fifth and deciding game.
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BVI court criticises Bahamas liquidators
The Bahamian liquidators for an alleged multi-million dollar international fraud have been blasted by a British Virgin Islands (BVI) judge over a “remarkable” and “gratuitous” agreement with a BISX-listed broker/dealer.
Obit
Benjamin Martin Adderley
Funeral Service for Benjamin Martin Adderley age 48 of Seabreeze Estates who died on September 8, 2019 will be held on Friday September 20, 2019 at 11:00 a.m. at Maranatha Seventh Day Adventist Church, Prince Charles Drive. Officiating will be …
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Liquidator readies control plan for Alliance accounts
Liquidators for an alleged $340 million Ponzi scheme are planning to apply to the Supreme Court for permission to gain control over six accounts they have been denied access to by a BISX-listed firm’s broker/dealer affiliate.
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Tobacco start-up targets up to $10m first year sales
A Bahamian-owned tobacco manufacturing start-up yesterday said it was targeting $5-$10 million in first year gross sales, but warned this and employee hires could be “significantly impacted” if no Excise Tax exemption was forthcoming.
Obit
Don Leo Davis
DEATH NOTICE Don Leo Davis, age 47 years of Key West Street died on Monday April 1st, 2013 at his residence. He is survived by his Wife: Renee Farrington Davis; Sons: Don Lothario Davis Jr., Donnyle Leon Davis; Daughters: Donecia …
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Broker ‘acted in good faith’ on $400m fraud
A BISX-listed company’s principal, and its main broker/dealer subsidiary, are demanding that a US federal lawsuit against them be dismissed because they “acted in good faith and did not receive ill-gotten profits” from an alleged $400 million financial fraud.
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BISX-listed firm’s $5m ‘recapitalise’ after SEC settles
A BISX-listed company will have to undergo a $5 million ‘recapitalisation’ as a result of the deal struck by its principal and main subsidiary to settle a lawsuit against them by US federal regulators.
