The Securities and Exchange Commission (SEC) recently announced settled charges against Ryan Choi, a previously licensed California Investment Adviser Representative, for negligently engaging in a scheme to defraud readers of Citron Research, an online platform that identified companies as promising short sales or long investment opportunities. The complaint, filed in the United States District Court...Read More

The Securities and Exchange Commission (SEC) recently filed settled charges against Vy Pham, a Vietnamese citizen living in California, for the unregistered offer and sale and manipulation of two crypto securities tokens, Saitama Inu and Robo Inu. The SEC’s complaint, filed in the U. S. District Court for the District of Massachusetts, alleges among other...Read More

The United States Securities and Exchange Commission has filed fraud charges, on a settled basis, in federal court against the former head of the now bankrupt automaker Lordstown Motors Corp, Stephen Scott Burns.  In its complaint, the SEC alleged that Burns materially mislead company investors regarding “pre-orders” for its electric truck called Endurance. Specifically, in...Read More

How to Respond to a SEC Wells Notice The Securities and Exchange Commission’s (SEC) Division of Enforcement is responsible for enforcing the federal securities laws. The Enforcement Division performs this function through its investigations and, if evidence is developed in the investigation that would support filing charges, through the SEC’s filing of cases either in...Read More