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The Department of Justice (DOJ) and the Federal Trade Commission (FTC) have secured a $2.95 million settlement for alleged violations of the CAN-SPAM Act. Additionally, the U.S. Securities and Exchange Commission (SEC) has reached settlements with three defendants accused of misappropriating $14 million in investment funds intended for a cannabis enterprise. In a separate case, court filings reveal that the SEC and lawyers for Concord Management, which directed billions in hedge fund investments for Russian oligarch Roman Abramovich, are attempting to reach a settlement through court-approved mediation.
