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SEC sues C-Hear and former CEO over $4.2m offering fraud

SEC building

Alexander Barzacanos

1 min read
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The SEC’s complaint alleges the company’s investors were misled about product testing and cybersecurity, and its CEO’s previous criminal history.

The SEC filed a complaint against C-Hear, Inc, a Texas-based company that developed CHIF, a secure data container file format, and its former CEO Adena Harmon – alleging offering fraud and related misrepresentations.

According to the complaint, C-Hear raised more than $4.2m from at least 48 investors between January 2019 and

The company

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