Cyber security has emerged as a key issue facing virtually every company. While company security systems have undoubtedly improved over the years, it is also true that those involved in these incidents have added to, and improved, their skills. The … Commission Settles Cyber Incident Read More »
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This Week In Securities Litigation (Week of January 13, 2025)
By T. Gorman
As 2025 begins to move forward, the Commission continued to file new cases. Last week those included one a suspicious activity, two centered on offering frauds, another based on a trading scheme and an insider trading case. Be careful, be … This Week In Securities Litigation (Week of January 13, 2025) Read More »
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FRAUDENT BUSINESS MODEL
By T. Gorman
Many enterprises spend significant amounts of time and resources looking for the next great thing. In some instances the firm is able to create a new approach, a new way to do the same old thing or some other new … FRAUDENT BUSINESS MODEL Read More »
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This Week In Securities Litigation (Week of January 6, 2025)
By T. Gorman
The Commission announced settlements in two insider trading cases, an offering fraud action and a municipal action last week. It also settled several actions centered on a failure to file Form D in a timely manner. Be careful, be safe … This Week In Securities Litigation (Week of January 6, 2025) Read More »
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An Insider Trading Case Based on Two Firms
By T. Gorman
One of the staples of SEC Enforcement over the years has been insider trading. The agency has always maintained that insider trading violates the statutes – at its core it represents a misuse of information. In the basic insider trading … An Insider Trading Case Based on Two Firms Read More »
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Historical Bonds From Weimar Republic, Others, at Center of Offering Fraud Case
By T. Gorman
Some of the Commission’s cases have at their center celebrities, note worthy events and other matters which make the underlying facts of interest aside from those tied to the wrongful conduct. One of the Commission’s most recent cases is like … Historical Bonds From Weimar Republic, Others, at Center of Offering Fraud Case Read More…
This Week In Securities Litigation (Week of December 16, 2024)
By T. Gorman
Last week the Commission filed several of new enforcement actions. Those cases included actions based on false statements, microcap fraud, an offering fraud and a sham transaction. In addition, the agency brought administrative proceedings against seven firms that failed to … This Week In Securities Litigation (Week of December 16, 2024) Read More »
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Fraudster Raises over $1 Million From Investors
By T. Gorman
Repeatedly the Commission has filed enforcement actions against persons alleged to have fleeced potential investors through a fraudulent scheme. The schemes involve a variety of frauds fact patterns. For example, many involve the sale of penny stocks that may be … Fraudster Raises over $1 Million From Investors Read More »
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