CALL TOLL FREE
800-760-0912

Category

SEC-FINRA Defense Blog
The Securities and Exchange Commission secured entry of a Final Judgment against Robert H. Bray for his alleged insider trading in a bank stock.  The final judgment permanently enjoins Bray from future violations of Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder, and orders him to pay almost $300,000 in disgorgement,...
Read More
Lying to the Securities and Exchange Commission is a dangerous game with potentially high-stakes consequences.  An obvious proposition, but all too often ignored by those who don’t understand that it is infinitely better to stay silent and invoke the Fifth Amendment rather than to speak and inadvertently create new, potentially more serious legal liabilities for themselves. Case in point: the federal...
Read More
The Securities and Exchange Commission recently brought fraud charges against an attorney, Marc A. Celello, based on his alleged participation in a $30 million Ponzi scheme. The SEC’s complaint claims that Celello, who was a partner in Credit National Capital LLC and also acted as general counsel for its underlying companies, facilitated the orchestration of...
Read More
The Securities and Exchange Commission recently filed insider trading charges against a doctor who is alleged to have purchased shares in a supply chain services company on the basis of a tip of material, non-public information he received from a company executive​ concerning an impending acquisition.  The SEC further alleged that he then sold the shares at a profit once the acquisition...
Read More
The Securities and Exchange Commission (SEC) recently brought insider trading charges against the former Chief Executive Officer of a fiber optics company. The SEC Complaint alleges that Peter Chang, founder, CEO and chairman of the board of Alliance Fiber Optic Products utilized secret brokerage accounts in the names of family members (wife and brother) to trade in his company stock...
Read More
The Securities and Exchange Commission recently released an investigative report warning securities market participants that the sale of digital assets by “virtual” organizations are covered by the federal securities laws. Such solicitations and sales, typically effectuated by entities using distributed ledger or blockchain technology, are known as “initial coin offerings” or “token sales.” The SEC...
Read More
The Securities and Exchange Commission (SEC) last week filed fraud charges against an individual alleged to have attempted to manipulate the stock price of Fitbit by filing a phony regulatory filing. The SEC’s complaint names Robert W. Murray as the individual who purchased Fitbit call options just minutes prior to his filing of a phony...
Read More
The Securities and Exchange Commission (SEC) recently brought civil charges against a former law partner at a large, international law firm and his neighbor for allegedly engaging in insider trading. The pair is reported to have netted in excess of $1 million in ill-gotten gains. In its complaint, the SEC claims that Walter C. Little...
Read More
The Securities and Exchange Commission (SEC) recently secured an emergency court order effectively freezing several securities brokerage accounts comprised of more than $29 million in alleged illegal profits from claimed insider trading in connection with Comcast Corp.’s 2016 acquisition of DreamWorks Animation SKG, Inc. The SEC asserts that in the weeks prior to the announcement...
Read More
The Securities and Exchange Commission filed fraud charges against two New York City residents alleging they ran a Ponzi scheme in connection with the raise of investor funds to purchase and resell tickets to the Broadway show Hamilton and high-demand concerts. In its complaint, the SEC claims that Joseph Meli and Matthew Harriton falsely told...
Read More
1 2 3 4 5 6 8