MusclePharm Charged In SEC Investigation
On September 8, 2015, the Securities and Exchange Commission (SEC) charged a sports supplements and nutrition company with committing a series of accounting and disclosure violations, including the failure to properly report perks provided to its executives as… Read More
Category: Blog Posts
Illinois Court Orders Production of Documents By Navistar in SEC Investigation
On June 30, 2015, United States Magistrate Judge Sidney I. Schenkier issued an order requiring production of certain documents that Navistar International Corporation (Navistar) claimed to be privileged in response to investigative subpoenas issued by the Securities… Read More
Category: Blog Posts
Medbox, Inc. Announces SEC Investigation
Securities Lawyer 101 Blog On November 12, 2014, Medbox, Inc. (MDBX) put an end to nearly two weeks of speculation by acknowledging in its 10-Q for the period ended September 30 that the company has received a formal… Read More
Category: Blog Posts
Crucible Capital and Chuck Moore Indicted for Obstructing SEC Investigation
On August 9, 2014, the Securities and Exchange Commission (the “SEC”) announced charges against Chuck Moore and Crucible Capital Group, a New York-based brokerage firm for allegedly violating net capital requirements and falsifying books and records to conceal… Read More
Category: Blog Posts
What Causes An SEC Investigation? Securities Lawyer 101
Securities and Exchange Commission (the “SEC”) investigations can result from a variety of factors. SEC investigations can be triggered in ways, including during the SEC’s routine review of SEC reports and schedules, routine inspections by FINRA of clearing houses and/or brokerage firms, reports… Read More
Category: Going Public Tags: Officer Director Bar, OTC Markets, Penny Stock, Penny Stock Bar, penny stock scam, penny stock scheme, penny stock sting, penny stockj bar, ponzi scheme, Sarbanes-Oxley, Scalping, scam, SEC, SEC Action, SEC Actions, SEC Administrative Proceeding, SEC anti-fraud, SEC Attorney, sec bar, SEC Bounty, SEC Charge, SEC Charges, SEC Civil Action, SEC Claim, SEC Complaint, SEC Defendant, SEC Defense, SEC Defense Attorney, SEC Defense Lawyer, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Halt, SEC Injunction, SEC Investigation, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Reporting Requirements, SEC Section 17(b), SEC Subpoena, SEC Suit, SEC Trading Suspension, Section 17(a), Section 17(b), Section 5 violation, Securities Act, Securities and Exchange Commission, Securities Attorney, Securities Fraud, Securities Indictment, Securities Law Defense, securities law violations, Securities Lawyer, SPAC, Steven McCraw, stock manipulation, stock scheme, trading suspension, Wells Notice
SEC Inquiries and Investigations
The SEC’s Enforcement Division conducts investigations pursuant to formal Orders of Investigation that authorize the staff of the Enforcement Division to seek the production of relevant information, either in the form of documents or witness testimony. Although the SEC… Read More
Category: Going Public Tags: 15c-211, Dilution, dodd-frank, Expert Market, FBI sting, FBI Undercover, FINRA Halt, Forward Split, Forward Stock Split, fraud, Investor Loss, Investor Victims, MULN, nasdaq, nyse, Officer Director Bar, OTC Markets, OTC Pink, OTCQB, Penny Stock, Penny Stock Bar, penny stock scam, penny stock scheme, penny stock sting, ponzi scheme, Public Company, Reverse Merger, reverse split, reverse stock split, Sarbanes-Oxley, Scalping, scam, SEC, SEC Action, SEC Actions, SEC Administrative Proceeding, SEC anti-fraud, SEC Attorney, sec bar, SEC Bounty, SEC Charge, SEC Charges, SEC Claim, SEC Complaint, SEC Defendant, SEC Defense, SEC Defense Attorney, SEC Defense Lawyer, SEC Division of Enforcement, SEC enforcement, SEC enforcement action, SEC Fraud, SEC Halt, SEC Injunction, SEC Investigation, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Reporting Requirements, SEC Section 17(b), SEC Subpoena, SEC Suit, SEC Trading Suspension, SEC Whistleblower, Section 17(b), Section 5 violation, Securities Act, Securities Act Section 17(b), Securities and Exchange Commission, Securities Attorney, Securities Fraud, Securities Indictment, Securities Law Defense, Securities Lawyer, Shell Company, Songetech, SPAC, stock manipulation, Stock Scalping, stock scheme, Stock Split, Toxic Lender, trading suspension, Transfer Agent, Unregistered broker-dealer, Unregistered Dealer, US GAAP, Wells Notice, zombie ticker
Securities Attorney Matthew C McMurdo suspended by the SEC
On September 20, 2024, the Securities and Exchange Commission (the “SEC” or “Commission”) issued an Administrative Order against securities attorney Matthew C. McMurdo for violating Section 4C of the Securities Exchange Act of 1934 (“Exchange Act”) and Rule… Read More
Category: Blog Posts Tags: Administrative Action, Administrative Order, Enviro Impact Resources Inc, Industry Source Consulting Inc, INSO, Matthew C McMurdo, opinion letters, OTC Markets, Rule 102(e)(1)(ii), SEC, SEC Order, SEC suspension, Section 4C, Securities Act of 1934, Securities and Exchange Commission, Securities Attorney, VEGA, Vega Biofuels Inc
SEC Charges Seven NASDAQ Listed Public Companies with Violations of Whistleblower Protection Rule
On September 9, 2024, the Securities and Exchange Commission (the “SEC”) announced settled charges against seven public companies for using employment, separation, and other agreements that violated rules prohibiting actions to impede whistleblowers from reporting potential misconduct to… Read More
Category: Blog Posts Tags: a.k.a. Brands Holding Corp, Acadia Healthcare Company Inc, ACHC, AKA, APPF, AppFolio Inc, Dodd-Frank Act, employment agreements, government whistleblower program, IDEX Corporation, IEX, LSB Industries, LXU, nasdaq, nyse, OTC Markets, retention agreements, Rule 21F-17, SEC, SEC Attorney, SEC Order, SEC Violations, Securities and Exchange Commission, separation agreements, settlement agreements, severance agreements, Smart for Life Inc, SMFL, The Dodd-Frank Wall Street Reform and Consumer Protection Act, TransUnion, TRU, Whistleblower Incentives and Protection, Whistleblower Protection Act, Whistleblower Protection Rule
Are SEC Whistleblower Awards the Road to Riches or a Waste of Time?
On August 23, 2024, the Securities and Exchange Commission (“SEC”) announced It had awarded a total of $98 million to two SEC whistleblowers “whose information and assistance led to an SEC enforcement action and an action brought by… Read More
Category: Blog Posts Tags: dodd-frank, ponzi scheme, pump and dump, SEC Action, SEC Attorney, SEC Award, SEC Bounty, SEC Charges, SEC enforcement, SEC Lawsuit, SEC lawyer and Securities Fraud, SEC OIrder, SEC Order, SEC Subpoena, SEC Suit, SEC Whiistleblower, SEC Whistleblower, Securities Lawyer, Unregistered Dealer, whistleblower
Cassava Sciences (SAVA) Faces an Indictment and at Least Two Investigations
Cassava Sciences (SAVA) is a Nasdaq issuer that claims to have developed a treatment for Alzheimer’s disease; the product is currently in Phase 3 trials. It’s called Simufilam, and the company says it not only stops the progression… Read More
Category: Blog Posts Tags: Adrian Heilbut, Alzheimer's disease, AMC, anti-Slapp, Cassava Sciences, cassavafraud.com, David Bredt, defamation, drug, drug trials, Enea Milioris, fda, FDA approval, FDA Citizen Petition, Gabriel Grego, Geoffrey Pitt, GME, Hoau-Yan Wang, Indictment, Investigation, Jesse Brodkin, Jordan A Thomas, Labaton Sucharow, Lindsay Burns, meme stock, nasdaq, NIH, Nobel Prize, Pain Therapeutics Inc, Patrick Markey, Patrick Radden Keefe, QCM, Quintessential Capital Management LLC, Reddit, Remi Barbier, Remoxy, Roger Nicoll, SAVA, SAVAges, SEC, SEC Attorney, SEC filings, SEC Investigation, Securities and Exchange Commission, Short Seller, shorts, Simufilam, simuflimflam.com, stock, Wall Street Journal, whistleblower, WSJ
SEC Awards Whistleblower a Bounty of More Than $37 Million
On July 26, 2024, the Securities and Exchange Commission (SEC) announced an award of more than $37 million to a whistleblower whose information and assistance led to a successful SEC enforcement action. The whistleblower persisted in reporting the… Read More
Andrew Left of Citron Research Indicted by the DOJ and Charged by the SEC
On July 26, 2024, the Securities and Exchange Commission announced litigation filed against activist short seller Andrew Left and his firm, Citron Capital LLC, for devising and executing a $20 million scheme to defraud retail investors who followed… Read More
Category: Blog Posts Tags: Andrew Left, Anson Advisors Inc, Anson Funds Management LP, Carson Block, Citron Capital LLC, Citron Capital LP, Citron Research, CNBC, County, CRON, Cronos Group Inc, Department of Justice, dodd-frank, Fast Money, FBI sting, FBI Undercover, FINRA Halt, fraud, IGC, Investor Loss, Investor Victims, Joshua Mitts, Muddy Waters, nasdaq, NXTTF, nyse, Officer Director Bar, OTC Markets, Penny Stock, Penny Stock Bar, penny stock scam, penny stock scheme, penny stock sting, Penny stocks, ponzi scheme, pump and dump, Sarbanes-Oxley, Scalping, scam, SEC, SEC Action, SEC Actions, SEC Administrative Proceeding, SEC anti-fraud, SEC Attorney, sec bar, SEC Bounty, SEC Charge, SEC Charges, SEC Claim, SEC Complaint, SEC Defendant, SEC Defense, SEC Defense Attorney, SEC Defense Lawyer, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Halt, SEC Injunction, SEC Investigation, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Reporting Requirements, SEC Section 17(b), SEC Subpoena, SEC Suit, SEC Trading Suspension, Section 17(b), Section 5 violation, Securities Act, Securities and Exchange Commission, Securities Attorney, Securities Fraud, Securities Indictment, Securities Law Defense, Securities Lawyer, Short and Distort, Short Report, Short Seller, Shortselling, SPAC, stock manipulation, stock scheme, trading suspension, Wells Notice
Jury finds Guy Gentile liable as control person of SureTrader in SEC case
On Tuesday, July 2, 2024, after a ten-day trial, a jury in the United States District Court for the Southern District of Florida found Guy Gentile, the founder, owner, and CEO of MintBroker International, Ltd., f/k/a Swiss America Securities Ltd. and d/b/a SureTrader, a Bahamas-based broker-dealer, liable as a control person of SureTrader, which operated as a broker-dealer in the United States without being registered, in violation of the federal securities laws. The jury also found Guy Gentile liable for inducing SureTrader’s registration violations.
Category: Blog Posts Tags: Control Person Liability, County, dodd-frank, FBI sting, FBI Undercover, FINRA Halt, fraud, Guy Gentile, Investor Loss, Investor Victims, k SEC Action, MintBroker International, nasdaq, nyse, Officer Director Bar, OTC Markets, Penny Stock, Penny Stock Bar, penny stock scam, penny stock scheme, penny stock sting, ponzi scheme, pump and dump, Sarbanes-Oxley, Scalping, scam, SEC, SEC Action, SEC Actions, SEC Administrative Proceeding, SEC anti-fraud, SEC Attorney, sec bar, SEC Bounty, SEC Charge, SEC Charges, SEC Claim, SEC Complaint, SEC Defendant, SEC Defense, SEC Defense Attorney, SEC Defense Lawyer, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Halt, SEC Injunction, SEC Investigation, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Reporting Requirements, SEC Section 17(b), SEC Subpoena, SEC Suit, SEC Trading Suspension, Section 17(b), Section 5 violation, Securities Act, Securities and Exchange Commission, Securities Attorney, Securities Fraud, Securities Indictment, Securities Law Defense, Securities Lawyer, SPAC, stock manipulation, stock scheme, SureTrader, Swiss America Securities Ltd, trading suspension, Wells Notice
What are the SEC Reporting Requirements After My Form S-1 is Effective?
Once the SEC staff declares your company’s Securities Act registration statement on Form S-1 effective, the company becomes subject to the SEC’s reporting requirements under the Securities Exchange Act of 1934. These rules require your company to file… Read More
Category: Blog Posts Tags: Form 10, Form S-1, Form S-1 Attorney, Form S-1 Attorneys, Form S-1 Capital, Form S-1 Capital Raise, Form S-1 filing requirements, Form S-1 Law Firm, Form S-1 Law Firms, Form S-1 Lawyer, Form S-1 lawyers, Form S-1 Listing, Form S-1 Offering, Form S-1 Prospectus, Form S-1 Quiet Period, Form S-1 Registered Offering, Form S-1 Registered Offerings, Form S-1 Registration Statements, Form S-1 Resale, Form S-1 Resales, Form S-1 Selling Shareholder, Form S-1 Selling Shareholder Requirements, Form S-1 Selling Stockholder, Form S-1 Selling Stockholder Requirements, Form S-1. Registration Statement, Go Public, Go Public Attorney, Go Public Lawyer, Going Public, Going Public Attorneys, Going Public Lawyer, Going Public Lawyers, Prospectus, Prospectus Requirements, Regulation S-K, S-1 Going Public, SEC Quiet Period, SEC Reporting Obligations, SEC Reporting Requirements Selective Disclosure
Court denies James L. Koutoulas’ petition to quash SEC subpoena
On May 23, 2024, the U.S. District Court for the Southern District of Florida granted the Securities and Exchange Commission’s (the “SEC“) application to enforce a subpoena for the production of documents to James L. Koutoulas (“Koutoulas ”)… Read More
Category: Blog Posts Tags: County, Division of Enforcement, dodd-frank, FBI sting, FBI Undercover, FINRA Halt, fraud, Investor Loss, Investor Victims, James L Koutoulas, Let's Go Brandon, LGBCoin, nasdaq, nyse, Officer Director Bar, OTC Markets, Penny Stock, Penny Stock Bar, penny stock scam, penny stock scheme, penny stock sting, ponzi scheme, pump and dump, Sarbanes-Oxley, Scalping, scam, SEC, SEC Action, SEC Actions, SEC Administrative Proceeding, SEC anti-fraud, SEC Attorney, sec bar, SEC Bounty, SEC Charge, SEC Charges, SEC Claim, SEC Complaint, SEC Defendant, SEC Defense, SEC Defense Attorney, SEC Defense Lawyer, SEC Division of Enforcement, SEC enforcement, SEC enforcement action, SEC Enforcment, SEC Fraud, SEC Halt, SEC Injunction, SEC Investigation, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Reporting Requirements, SEC Section 17(b), SEC Subpoena, SEC Suit, SEC Trading Suspension, Section 17(b), Section 5 violation, Securities Act, Securities and Exchange Commission, Securities Attorney, Securities Fraud, Securities Indictment, Securities Law Defense, Securities Lawyer, SPAC, stock manipulation, stock scheme, trading suspension, Wells Notice
CAT’s Cradle – Ongoing Problems with the SEC’s Consolidated Audit Trail
In July 2012, the SEC adopted a new Rule 613 under Section 11A(a)(3)(B) of the Securities Exchange Act of 1934 (“Exchange Act”). It would require national securities exchanges and national Self-Regulatory Organizations (“SROs’) “to act jointly in developing… Read More
Category: Blog Posts Tags: Accounting Fraud, Audit Trail, auditor, Ben Borgers, Benjamin Borgers, Benjamin F Borgers, BF Borgers, CPA, deficient audits, Division of Enforcement, Division of EnforcementPCAOB, DJT, Donald Trump, India, PCAOB Audit, PCAOB Standards, permanent ban, Public Company Accounting Oversight Board, SEC, SEC Action, SEC Enforcment, SEC fine, SEC Order, Securities and Exchange Commission, Securities Attorney, sham audit mill, suspension
SEC Charges Florida Real Estate Developer Rishi Kapoor with Perpetuating a $93 Million Fraud
On January 3, 2024, the Securities and Exchange Commission (the “SEC”) announced that it obtained an asset freeze and other emergency relief concerning an alleged $93 million real estate investment fraud perpetrated by Miami-based developer Rishi Kapoor. The… Read More
Category: Blog Posts Tags: Eiahi Kapoor, investment scam, investment scheme, investors, Location Ventures LLC, misappropriated funds, Ponzi Scheme Lawyer, real estate, real estate development fraud, Rishi Kapoor, SEC, SEC Action, SEC Divsion of Enforcement, SEC Subpoena, Securities and Exchange Commission, Securities Attorney, Securities Fraud, Urbin LLC
The Evolving SEC Actions Against Toxic Lenders
Convertible Financing For decades, microcap issuers on the OTC Markets in need of financing have largely been forced to turn to what are known as “toxic funders” or “toxic lenders.” The money they offer comes with a hefty… Read More
Category: Blog Posts Tags: Alexander J Dillon, AMC, AMC ENTERTAINMENT, Big Apple Consulting, Carebourn Capital LP, Chicago Venture Partners LP, Chip Rice, Convertible Note, Convertible Notes, Cosmin I Panait, CyberKey Solutions, Dilution, Financial Industry Regulatory Authority, FINRA, GameStop, GME, GPL Management LLC, GPL Ventures LLC, Ibrahim Almagarby, Iliad Research and Trading L.P., JDF Capital Inc, JMJ Financial, John Fierro, John M. Fife, Justin Keener, Lenders, Microcap Equity Group LLC, nasdaq, Nasdaq Capital Market, New York Stock Exchange, OTC Markets, OTC Pink, Penny Stock, registered national securities association, RNSA, Rule 10c-1a, SEC, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Claim, SEC Defendant, SEC Defense, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Trading Suspension, Securities and Exchange Commission, Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, St George Investments LLC, Tonaquint Inc, Toxic Funder, toxic funding, Toxic Lender, Typenex Co-Investment LLC, Unregistered Dealer
SEC Enforcement Issues Wells Notices for Meta Materials Execs
As summer peaked at the end of July, Meta Materials (MMAT) popped back into the news. What had happened? The company filed a Form 8-K explaining that MMAT, its CEO George Palikaras. and John Brda, the former CEO… Read More
Category: Blog Posts Tags: congress, County, Daily List, Dividend, dodd-frank, FINRA, Form 211, Gary Gensler, George Palikaras, Investor Loss, Investor Victims, John Brda, Meta Materials, Meta Materials Inc, Metamaterial Technologies Inc, Metamaterials Inc, MMAT, MMTLP, MOASS, NADAQ, Naked Shorts, NASD, nasdaq, Next Bridge, Next Bridge Hydrocarbons Inc, OTC Markets, OTC Markets Group, ponzi scheme, Robert W Cook, Scalping, scam, SEC, SEC Action, SEC anti-fraud, SEC Attorney, SEC Bounty, SEC Division of Enforcement, SEC enforcement, SEC filings, SEC Lawsuit, SEC Lawyer, SEC Section 17(b), SEC Subpoena, Section 17(b), Section 5 violation, Securities Act, Securities and Exchange Commission, Securities Attorney, Securities Fraud, Securities Indictment, Series A Preferred, Short Selling, Shorty, Spin-Off, stock manipulation, subpoena, Torchlight, Torchlight Energy, TRCH, Wells Notice
SEC Charges James P. Anglim in Connection with Fraudulent Scheme to Manipulate Stock Prices
On Monday, July 17, 2023, the Securities and Exchange Commission (the “SEC”) charged New Jersey resident and former broker-dealer registered representative, James P. Anglim, for engaging in multiple deceptive and manipulative schemes to assist various people who controlled… Read More
Category: Blog Posts Tags: 12 Retech Corp, Boiler Room, Bradley Moynes, CGS International, Charlestowne Premium Beverages Inc, Chester Alvarez, Digatrade Financial Corp, Francis Biller, fraud, Frederick L Sharp, GBX International Group, Homie Recipes Inc, Inc, James P Anglim, Joseph Padilla, Luis Carrillo, Oncology Pharma, OTC Markets, Paulson Investment Company LLC, Penny stocks, price manipulation, Proto Script Pharmaceutical Corp, pump and dump, Raymond Dove, Roger Knox, scam, SEC, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Charges, SEC Claim, SEC Defendant, SEC Defense, SEC Defense Attorney, SEC Defense Lawyer, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Subpoena, SEC Suit, Securities and Exchange Commission, Securities Attorney, Securities Fraud, Securities Law Defense, Short Selling, Sino United Worldwide Consolidated Ltd, Spartan Securities Group Ltd, Stevva Corp, stock manipulation, Stock Promotion, stock scheme, SUIC Worldwide Holdings Ltd, Xtreme Fighting Championships Inc
SEC Arrives Too Late; Ponzi Scheme Polka Ends in Murder-Suicide
On February 1, 2023, three Minnesota men met in a parking lot in Bloomington, about 10 miles from Minneapolis, to discuss business. Richard B. Myre, 44, arrived first, in his black Ford F-150. He pulled into the lot… Read More
Category: Blog Posts Tags: affinity scam, All Over Nutrition, County, Dale Dahmen, dodd-frank, Dominick Dahmen, FINRA, Investor Loss, Investor Victims, murder, O.N. Equity, Officer Director Bar, OTC Markets, Penny Stock Bar, Pierz Nutrition, Polka Beats, ponzi scheme, Richard B Myers, Scalping, scam, SEC, SEC Action, SEC Actions, SEC Administrative Proceeding, SEC anti-fraud, SEC Attorney, sec bar, SEC Bounty, SEC Charges, SEC Claim, SEC Complaint, SEC Defendant, SEC Defense, SEC Defense Attorney, SEC Defense Lawyer, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Section 17(b), SEC Subpoena, SEC Suit, Section 17(b), Section 5 violation, Securities Act, Securities and Exchange Commission, Securities Attorney, Securities Fraud, Securities Indictment, Securities Law Defense, SPAC, Spartan Trading LLC, stock manipulation, stock scheme, suicide, Wells Notice
Crypto Community Takes Aim at SEC Chair Gary Gensler
As this year’s long Fourth of July holiday began, surprising “news” about Gary Gensler, chairman of the Securities and Exchange Commission, spread across social media. Its source was a blog called CryptoAlert. The headline was an attention grabber:… Read More
Category: Blog Posts Tags: crypto, Gary Gensler, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Charges, SEC Claim, SEC Defendant, SEC Defense, SEC Defense Attorney, SEC Defense Lawyer, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Subpoena, SEC Suit, Securities Fraud, Securities Law Defense, stock scheme
SEC Charges Auctus Fund Management LLC and Its Co-Owners, Louis Posner and Alfred Sollami, with Acting as Unregistered Securities Dealers
On June 1, 2023, the Securities and Exchange Commission (the “SEC”) announced charges against Auctus Fund Management, LLC (“Auctus Management”) and its co-owners Alfred Sollami of Brookline, Massachusetts and Louis Posner of Mansfield, Massachusetts, for failing to register… Read More
Category: Blog Posts Tags: Alfred Sollami, Auctus Fund LLC, Auctus Fund Management LLC, Convertible Notes, Custom Equity Research Partners LLC, Cyrus M Alphonse, FINRA, Louis Posner, NASD, Penny stocks, SEC, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Charges, SEC Claim, SEC Complaint, SEC Defendant, SEC Defense, SEC Defense Attorney, SEC Defense Lawyer, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Subpoena, SEC Suit, securities and exchange commission. toxic funder, Securities Attorney, Securities Fraud, Securities Law Defense, South Street Capital Partners, stock scheme, Unregistered Broker
Lindsay Lohan, Jake Paul and six other celebrities charged by the SEC in crypto fraud
On Wednesday, March 22nd, the Securities and Exchange Commission (the “SEC“) announced charges against eight celebrities in connection with a broader investigation of crypto entrepreneur Justin Sun and three of his companies: Tron Foundation Limited, BitTorrent Foundation Ltd.,… Read More
Category: Blog Posts Tags: Akon, Aliaune Thiam, Austin Mahone, BitTorrent, BitTorrent Foundation Ltd, BTT, crypto, DeAndre Cortez Way, fraud, illegal sales, Jake Paul, Justin Sun, Kendra Lust, Lil Yachty, Lindsay Lohan, market manipulation, Michele Mason, Miles Parks McCollum, Ne-Yo, Rainberry Inc, SEC, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Charges, SEC Claim, SEC Complaint, SEC Defendant, SEC Defense, SEC Defense Attorney, SEC Defense Lawyer, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Subpoena, SEC Suit, Securities and Exchange Commission, Securities Attorney, Securities Fraud, Securities Law Defense, securities violation, Shaffer Smith, Soulja Boy, stock scheme, Tron Foundation Limited, Tronix, TRX, unregistered securities, wash trading
SEC Charges Avraham Eisenberg with Manipulating Mango Markets’ “Governance Token” to Steal $116 Million of Crypto Assets
On January 20, 2023, the Securities and Exchange Commission (the “SEC”) charged Avraham Eisenberg with orchestrating an attack on a crypto asset trading platform, Mango Markets, by manipulating the MNGO token, a so-called governance token that was offered… Read More
Category: Blog Posts Tags: Avraham Eisenberg, CFTC, Commodities Futures Trading Commission, crypto, Department of Justice, Dodd Frank Bounty, dodd-frank, doj, fraud, Indictment, Mango Markets, market manipulation, MNGO, Puerto Rico, scam, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Charges, SEC Claim, SEC Defendant, SEC Defense, SEC Defense Attorney, SEC Defense Lawyer, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Subpoena, SEC Suit, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Securities Fraud, Securities Law Defense, stock scheme, token
SEC Charges J.H. Darbie & Co with Anti-Money Laundering Violations
On December 12, 2022, the Securities and Exchange Commission (the “SEC”) charged J.H. Darbie & Co., Inc., a New York City-based brokerage firm, with failing to report suspicious activity related to transactions in tens of billions of shares… Read More
Category: Blog Posts Tags: AML P&P, anti-money laundering policies and procedures, Auctus Fund LLC, C, Calissio Resource, CRGPs Group, Dodd Frank Bounty, dodd-frank, FINRA, FirstFire Global Opportunities Fund LLC, GHS Investments LLC, J.H. Darbie, JH Darbie & Co Inc, Labrys Fund LP, LGH Investments LLC, SARS, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Award, SEC Bounty, SEC Charges, SEC Claim, SEC Defendant, SEC Defense, SEC Defense Attorney, SEC Defense Lawyer, SEC Division of Enforcement, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Subpoena, SEC Suit, SEC Trading Suspension, SEC Whistleblower, SEC whistleblower Award, SEC whistleblower bounty, Section 17(a), Securities Attorney, Securities Fraud, Securities Law Defense, Securities Lawyer, stock promotions, stock scheme, Suspicious Activity Reports, Unregistered Dealer
Joseph Padilla Arrested and Charged in $7 Million Securities Fraud
On August 25, 2022, Joseph Padilla was arrested at the San Diego International Airport in connection with his alleged involvement in a sophisticated securities fraud scheme that generated over $7 million in illicit proceeds. Padilla, 53, of Carlsbad,… Read More
Category: Blog Posts Tags: 1st Prestige Wealth Management, Aladdin Trading & Company, ALDI, Andrea Ritchie, Angelo R. Panetta, Ashley Robinson, Barry Grinberg, BIIO, Bionovate Technologies Group Inc, Bioscience Neautroceuticals Inc, broker-dealer, Carlsbad, Cayman Islands, cbd, Chad P. Smanjak, Charlestowne Premium Beverages Inc, College Admissions Scandal, cooperating witness, Country Line Energy Corp, Courtney Kelin, criminal charges, cross trading, Curacao, CYLC, Daniel E. Ruettiger, DEVV, doj, Douglas Roe, EHDN, eHolding Technologies, Empire Financial Group Inc, Evergreen Solutions Ltd, fbi, Financials Worldwide Inc, FINRA, First Pet Life Inc, FPLF, FPWM, fraud, Frederick Sharp, Gary J. Yocom, Germany, Gregg Mulholland, Hong Kong, Human Data AG, Hungary, Indictment, Jonathan Leinwand, Joseph Padilla, Kelly Warawa, Kevin Quinn, Kevin S. Kaplan, lev Parnes, Luis Carillo, Market Maker, Martin Ustin, Mehmet Mustafoglu, Mexico, Michael Luckhoo-Bouche, Mike Veldhuis, Militza Miro de Torm, Morrie Tobin, National Advisors Corporation, Nelson Gomes, PAIM, Panama, Pawel P. Dynkowski, Pearl Asian Mining Industries, Penny stocks, pennystockbargain.com, Phoenix Apps Inc, Porrima Ltd, Program Trading Corp, Promotion, pump and dump, PXPP, Rivex Technology Corp, RIVX, Rocco Brandonisio, Roger Knox, Rudy Nutrition, RUNU, Sandy Steele Unlimited Inc, SBES, scam, Scottsdale Capital Advisors Corp, SEC, SEC Action, SEC Administrative Proceeding, SEC Attorney, SEC Charges, SEC Claim, SEC Complaint, SEC Defendant, SEC Defense, SEC Defense Attorney, SEC Defense Lawyer, SEC enforcement, SEC Fraud, SEC Injunction, SEC Law Firm, SEC Lawsuit, SEC Lawyer, SEC Litigation, SEC Penny Stock Bar, SEC Subpoena, SEC Suit, Securities and Exchange Commission, Securities Fraud, Securities Law Defense, Shane Schmidt, share selling scheme, Silverton SA, Special Agent Keith Brown, SSTP, SSTU, Stephen DeCesare, Sterling Financial Group Inc, Sterling Securities Group, stock manipulation, stock scheme, Sustainable Power Corp, Switzerland, the-financialnews.com, Ticino Capital Ltd, toronto, unregistered stock, Valor Capital, VFIN, vFinance, vFinance Inc, vFinance Investments Inc, VMT Scientific Inc, VMTS, vodka, Wellesley Holdings ltd, William Groeneveld, WinterCap SA, WOD Retail Solutions Inc, WODI, xphone network
SEC Defendant and FBI Fugitive Justin Costello Arrested
On October 4, 2022, SEC Defendant and FBI fugitive Justin Costello was arrested by an FBI SWAT team. Costello had been on the run from authorities as a fugitive since September 29th after failing to surrender to authorities… Read More
Category: Blog Posts Tags: and Canal Capital, and Marijuana Company of America, arrest, Brenda Meckley, Broker, Cannabis Global Inc, Cannabis Strategic Ventures, CBGL, CCSAC Inc, Clancy Systems International Inc, CLSI, Complaint, computerbux, COWP, COWPP, Criminal Indictment, David Ferrero, DCGD, Department of Justice, Discovery Gold Corp, fbi, Foothills Exploration Inc, fraud, FTXP, fugitive, GRN Funds LLC, GRN Holding Corporation, GRNF, Hempstract Inc, HMLA, Homeland Resources Corp, HPST, IHUB, Inc, James Meckley, Justin Costello, Katrina Rosseini, LVCA, M.J. Holdings, marijuana, MCOA, MCTC, MCTC Holdings Inc, MJNE, NUGS, OBCN, Obocon Inc, Pacific Banking Corp, Penny Stock, prison, Pump, REMSleep Holdings Inc, Riverdale Oil and Gas Corporation, RMSL, RVDO, scam, SEC, Section 10(b), Section 17(a), Securities and Exchange Commission, Social Media, Stock Promotion, SWAT, Terri Buhl, Twitter, Utopia Capital Research, Victoria Lake Inc, White Diamond Research
SEC Charges Kim Kardashian with Violating Section 17(b)
On October 3, 2022, the SEC Division of Enforcement entered into a settlement of charges with Kimberly Kardashian (“Kardashian” or “Respondent”). The SEC Offer of Settlement (the “Offer”) includes findings that: On June 13, 2021, Kim Kardashian—a well-known… Read More
Category: Blog Posts Tags: coins, crypto, crypto currency, disgorgement, Division of Enforcement, EMAX, emax tokens, enforcement, ethereummax, federal securities laws, investors, Kim Kardashian, Kimberly Kardashian, SEC, SEC Charges, SEC Division of Enforcement, SEC enforcement, Section 17(b), securities, Securities Act, Securities Act Section 17(b), Securities Laws, Social Media, tokenomics, tokens
SEC Targets Publicly Traded Chinese Issuers Under the Holding Foreign Companies Accountable Act
Since Baidu, Inc. (BIDU) completed its going public transaction in August 2005 on the NASDAQ Stock Market, many U.S. investors have found themselves fascinated and frustrated by Chinese companies. Baidu, a technology giant and AI developer offering, among… Read More
Category: Blog Posts Tags: Aliaba, China Publicly Traded, Chinese Issuer, Foreign Issuer, Foreign Private Issuer, Form F-1 Registration Statement, Form S-1 Offering, Form S-1 Resale, Go Public, Going Public, Going Public Law Firm, HFCAA, nasdaq, NASDAQ stock market, New York Stock Exchange, nyse, PCAOB, SEC Attorney, SEC Lawyer, SEC Reporting, SEC Reporting Obligations
