The Securities and Exchange Commission today announced insider trading charges against Amit Dagar, a former Pfizer Inc. employee, and his close friend and business partner, Atul Bhiwapurkar, for trading in advance of the company’s November 5, 2021,… Read the Full Press Release Have a securities law question? Call New York […]
Author: SECLaw Staff
SEC Obtains Emergency Relief to Halt Pre-IPO Stock Fraud Scheme by Unregistered Broker-Dealer
SEC Obtains Preliminary Injunction and Asset Freeze Against Legend Venture Partners Introduction In a significant development, the Securities and Exchange Commission (SEC) has taken decisive action against Legend Venture Partners LLC, an unregistered broker-dealer based in New York City. The SEC’s move comes in response to the discovery of a […]
SEC Charges Former MusclePharm Executives with Accounting and Disclosure Fraud
The Securities and Exchange Commission today filed a settled complaint charging Las Vegas-based nutritional supplement company MusclePharm Corp.’s former Executive Vice President of Sales and Operations, Brian H. Casutto, former Vice President of Sales,… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers at […]
SEC Charges Florida Resident for Operating $112 Million Ponzi Scheme that Targeted Haitian-American Community
The Securities and Exchange Commission today announced charges against Broward County, Florida resident Sanjay Singh and his trucking and logistics company, Royal Bengal Logistics Inc., with fraudulently raising approximately $112 million from as many as… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers […]
SEC Charges Convicted Fraudster in Real Estate Ponzi Scheme
Wilson Baston has been charged by the Securities and Exchange Commission for defrauding investors through a Ponzi scheme. Learn more here. #securitiesfraud
SEC Charges Investment Fund Founder William K. Ichioka with $25 Million Offering Fraud
The Securities and Exchange Commission (SEC) has taken filed a complaint in the United States District Court for the Northern District of California, against William K. Ichioka, a resident of New York, New York, for engaging in a fraudulent investment scheme. The complaint alleges that Ichioka targeted individual investors primarily in […]
SEC Charges Audit Firm Marcum LLP for Widespread Quality Control Deficiencies
Marcum LLP Faces SEC Charges for Audit Quality Control Failures In a significant development, audit firm Marcum LLP has come under scrutiny by the Securities and Exchange Commission (SEC) for its systemic quality control failures and violations of audit standards. The charges are particularly related to its audit work for […]
SEC Charges Private Equity Fund Adviser for Overcharging Fees and Failing To Disclose Fee Calculation Conflict
The Securities and Exchange Commission today charged New York-based investment adviser Insight Venture Management LLC with charging excess management fees and failing to disclose a conflict of interest to investors relating to its fee calculations. To… Read the Full Press Release Have a securities law question? Call New York Securities […]
SEC Reopens Comment Period for Position Reporting of Large Security-Based Swap Positions
The Securities and Exchange Commission today reopened the comment period for its proposed rule for position reporting of large security-based swap positions that exceed certain thresholds, and the staff of the Commission’s Division of Economic and Risk… Read the Full Press Release Have a securities law question? Call New York […]
SEC Charges Stanley Black & Decker and Former Executive for Failures in Executive Perks Disclosure
The Securities and Exchange Commission today announced settled charges against Stanley Black & Decker Inc., a publicly traded tools company, for failing to disclose perquisites it provided to certain executives. In addition, Jeffery D. Ansell, a… Read the Full Press Release Have a securities law question? Call New York Securities […]
