The Law of the Financial Markets from Top Securities Lawyers
Monday, March 2, 2026
he Securities and Exchange Commission today charged a former New Jersey-based broker and investment adviser representative with stealing nearly $3 million from his advisory clients and brokerage customers, which he used to buy gold coins and other precious metals and funnel to family credit card accounts that he controlled. The […]
The Securities and Exchange Commission today announced a $38.8 million settlement of charges against Akazoo S.A., a purported music streaming business based in Greece, for allegedly defrauding investors out of tens of millions of dollars in connection… Read the Full Press Release Have a securities law question? Call Sallah Astarita […]
(function($) { $(document).ready(function() { $(“.submitcommentslink”).click(function(e) { e.preventDefault(); $(“.comment-form”).submit(); }); $(‘.panel-col-last h2.pagelet’).replaceWith(function () {… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.
The Securities and Exchange Commission today announced that it filed an emergency action, and obtained an injunction and asset freeze, against Steven M. Gallagher for allegedly committing securities fraud through a long running scheme to manipulate… Read the Full Press Release Have a securities law question? Call Sallah Astarita & […]
The Securities and Exchange Commission announced an award of over $50 million to joint whistleblowers whose information alerted SEC staff to violations that involved highly complex transactions and would have been difficult to detect without their information. The joint whistleblowers provided exemplary assistance to the SEC staff during the investigation, […]
The Securities and Exchange Commission announced awards of approximately $40 million to two whistleblowers whose information and assistance contributed to the success of an SEC enforcement action. The first whistleblower, whose information caused the opening of the investigation and exposed difficult-to-detect violations, will receive an award of approximately $32 million. […]
The Securities and Exchange Commission today charged CanaFarma Hemp Products Corp. and its co-founders with fraudulently raising approximately $15 million from investors, and misappropriating a significant portion of the investor funds for personal use… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]
The SEC filed charges against Keith A. Wakefield, a former managing director and head of fixed-income trading at IFS Securities, Inc., an Atlanta-based broker-dealer, causing millions of dollars of losses through unauthorized trading in fixed income securities, and with fraudulently obtaining approximately $820,000 in fictitious commission income. According to the […]
The Securities and Exchange Commission yesterday announced charges against Mark Melnick, the host of a stock trading webcast, for spreading more than 100 false rumors about public companies in order to generate illicit profits. The SEC previously charged… Read the Full Press Release Have a securities law question? Call Sallah […]
The Securities and Exchange Commission today charged Keith A. Wakefield, a former managing director and head of fixed income trading at IFS Securities, Inc., an Atlanta-based broker-dealer, with causing millions of dollars of losses through unauthorized… Read the Full Press Release Have a securities law question? Call Sallah Astarita & […]
