Enforcement

Enforcement News

SEC Halts Alleged Cannabis Fraud Scheme

The SEC obtained an emergency order to halt an alleged ongoing offering fraud and Ponzi-like scheme by Integrated National Resources Inc. (INR), which does business as WeedGenics, and its owners, Rolf Max Hirschmann and Patrick Earl Williams. The SEC alleges that INR raised more than $60 million from investors to […]

Securities and Exchange Commission
Enforcement

Musk Wants to Stop his ‘Twitter Sitter’ Agreement

He tried once before and was denied, but Elon Musk has asked a federal appeals court in New York to throw out his 2018 agreement with US regulators requiring a Tesla Inc. lawyer to screen all his company-related Twitter posts, calling it an illegal limitation on his free-speech rights. Musk, Tesla’s chief executive officer […]