Periodically the Commission initiates an investigation centered on a particular issue such as a new rule. For example, an investigation may focus on how a certain rule is applied in practice. While these initiatives are not typically announced, the Miami … Offering Fraud Targets Venezuela-American Community Read More »
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This Week In Securities Litigation (Week of September 3, 2024)
By T. Gorman
c As August and hopefully the summer heat concluded the Commission filed a series of new cases. Those actions were focused on false statements, an offering fraud and an investment adviser selling unregistered securities without having a board of directors. … This Week In Securities Litigation (Week of September 3, 2024) Read More »
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Happy Labor Day
By T. Gorman
This Week In Securities Litigation (Week of August 26, 2024)
By T. Gorman
Last week the Commission filed three new cases. One centered on an offering fraud; a second focused on a Ponzi scheme; and the third was based on false statements. Be careful, be safe this week and stay cool. SEC Enforcement … This Week In Securities Litigation (Week of August 26, 2024) Read More »
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Commission Obtains Freeze Order Against Ponzi Scheme
By T. Gorman
Ponzi schemes and offering frauds have long been staples of the Commission’s enforcement program. Actions filed by the agency in this area range from those against the infamous Bernie Madoff to much smaller and simpler matters which inflict the same … Commission Obtains Freeze Order Against Ponzi Scheme Read More »
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This Week In Securities Litigation (Week of August 19, 2024)
By T. Gorman
The Commission filed five new enforcement actions last week. Those cases were based on crypto pyramid schemes (two cases), false statements, an offering fraud and a stock manipulation. Be careful, be safe this week and stay cool. SEC Enforcement – … This Week In Securities Litigation (Week of August 19, 2024) Read More »
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Commission Seeks Immediate Relief in $300 Million Fraud Action
By T. Gorman
Offering frauds are among the most common type of actions brought by the Commission’s enforcement division. The types of schemes created to lure investors into parting with their hard-earned money in exchange for some form of security are virtually endless. … Commission Seeks Immediate Relief in $300 Million Fraud Action Read More »
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Commission Files Action Against Crypto Pyramid Scheme & Promoters
By T. Gorman
Offering frauds are one of the most prevalent types actions brought by the Commission, a point that has been discussed repeatedly. Those actions are not typically rolled together with crypto assets into a pyramid scheme operated off-shore appears to be … Commission Files Action Against Crypto Pyramid Scheme & Promoters Read More »
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This Week In Securities Litigation (Week of August 12, 2024)
By T. Gorman
Last week the Commission filed four new cases. One centered on insider trading while three focused on offering frauds. Be careful, be safe this week and stay cool. SEC Enforcement – Filed and Settled Actions Statistics: This week the Commission … This Week In Securities Litigation (Week of August 12, 2024) Read More »
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Schemers Defraud Two Groups of Investors With Same Assets
By T. Gorman
Offering frauds are typically one of the largest groups of actions filed each year by the Commission. The fraudulent schemes come in all shapes and sizes. What they involve, and the manner of their execution, is limited only by the … Schemers Defraud Two Groups of Investors With Same Assets Read More »
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