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Final judgments secured in microcap manipulation case
The SEC finalized judgments against two individuals in a $27M microcap fraud case involving hidden control and undisclosed stock promotion.
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SEC charges former US Marine with Ponzi-like securities fraud
The alleged scheme involved promises of steep returns on short-term loans secured by real estate.
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SEC sues operator of alleged $198m crypto Ponzi scheme
The case is the first crypto enforcement action initiated under Paul Atkins’s tenure.
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DOJ, SEC charge ex-WAMCO CIO Ken Leech with fraud
The charges allege that Leech effectively siphoned money from unfavored portfolios into favored ones.
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Trading firm dinged for using buzzwords about purported AI capabilities
The SEC also accused the pair of lying to investors about Rimar’s assets under management.
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SEC and DOJ charge crypto financial services firms and developers for wash trading
Billing themselves as market makers, the alleged fraudsters were in the business of illicit wash trading and promotion.
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Austal USA hit with $24m penalty for fraudulently overstating profits
The company is accused of falsifying its profits and boosting its stock price by obscuring shipbuilding costs.
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SEC charges Drive Planning LLC and its CEO with fraud
The SEC accuses the company and its CEO Russell Todd Burkhalter of offering unregistered securities and operating a Ponzi scheme.