David R. Chase, P.A.
Call Us Now: 800-760-0912
David R. Chase, P.A.
Call Us Now: 800-760-0912

Call for a Confidential Consultation
800-760-0912

Day

June 8, 2018
08
Jun

SEC Files Fraud Action Against Equipment Leasing Company and Its, Founder, Ralph Iannelli, in $80 Million Promissory Note Scheme

June 8, 2018
The Securities and Exchange Commission has sued an equipment leasing company, Essex Capital Corporation, and its principal for fraud in connection with their sale of over $80 million in promissory notes. Per the SEC’s complaint, between 2014 and 2017, Essex Capital Corporation and its founder, Ralph T. Iannelli, issued numerous false statements and illusory personal guarantees...
Read More

Latest Blog Posts

SEC AI insider trading detection
Can the SEC Use AI to Detect Insider Trading? How SEC and FINRA Algorithms Flag Suspicious Trades
October 12, 2026
Fifth Amendment in an SEC investigation
Should You Invoke Your Fifth Amendment Right in an SEC Investigation? Taking the Fifth, SEC Subpoenas and the Act of Production Doctrine
October 5, 2026
David R. Chase quoted on Securities Law Allegations Involving the City of Pittsburgh
September 28, 2026
SEC Formal Orders
What Is an SEC Formal Order of Investigation? What It Means and How to Obtain It
September 22, 2026
SEC Subpoena Defense
SEC Subpoena: What It Means, How to Respond and The Consequences of Non-Compliance
September 14, 2026
Pharmaceutical Insider Trading
The Regulators Are Talking: What the New SEC-FDA Information-Sharing Deal Means for Pharmaceutical Insider Trading Defense
September 10, 2026
SEC v. MacDonald
How the SEC Determines “Profit” in Insider Trading Cases When No Gain is Realized: An Analysis of the MacDonald Case
September 9, 2026
SEC Charging Decisions
What Factors Influence SEC Charging Decisions? Insights from a Former SEC Prosecutor
July 20, 2026
SEC inquiry
The SEC Is Not the DOJ: Why You Need a Former SEC Attorney, Not a Former Federal Prosecutor For a SEC Investigation
July 16, 2026
Top Whistleblower Attorney
Deep Inside the SEC’s Playbook: How a $19.95 Million Whistleblower Win Powers a Smarter Strategic SEC Defense Practice
July 14, 2026