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Final judgments secured in microcap manipulation case

Montage of the SEC building
GRIP Montage: Getty Images

The SEC finalized judgments against two individuals in a $27M microcap fraud case involving hidden control and undisclosed stock promotion.

In a long-running enforcement saga involving fraudulent microcap stock schemes, the SEC secured final judgments against Elliot Maza and John Ford, two of the defendants in the sprawling SEC v Barry Honig, et al. litigation.

The SEC alleged that Maza, while serving as CEO of a public company covertly controlled