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The SEC is pursuing a pair of Wisconsin executives and three of their companies, accusing them of bilking dozens of investors out of nearly $53 ...
An investment adviser to a private African development fund left the meter running on a mine and now will have to pay the fare, the ...
For the SEC, the fraud at the core of a Chicago-area hedge fund adviser and its two top execs, including its CCO, “was simple.” The ...
SEC Announces Fraud Charges Related to Wisconsin Investment Fund Litigation Release No. 24632 / September 30, 2019 Securities and Exchange Commission v. Bluepoint Investment Counsel, ...
ECP included the approximately $3.41 million of invested capital contributions attributable to the warrants in the base amount used to calculate management fees that were ...
The CCO of a Colorado private equity firm will pay $15,000 to settle claims that he helped his bosses defraud investors in a $25 million ...
A private fund adviser counted his chickens before they hatched and now the SEC has barred him. Scott Huish will also have to pay over ...
The SEC asked private fund advisers and others in June about the wisdom of permitting non-accredited investors to participate in private offerings. The Commission heard ...
On February 15, 2018, Lattanzio was convicted of two counts of securities fraud, violating 15 U.S.C. §§ 78j(b) & 78ff; and two counts of wire ...
The Complaint alleged that Hu raised over $5 million from eight investors through false representations that prominent international law firms were legal counsel to the ...
The Commission’s complaint alleged that Respondent operated EIMT as a Ponzi scheme. Through EIMT, Respondent obtained more than $40 million from approximately 150 investors, many ...
Huish drafted marketing materials sent to investors and prospective investors in Founders that materially overstated the Funds’ size and ability to fund deals that would ...
SEC Obtains Final Judgment Against Perpetrator of Multi-Million Dollar Offering Fraud
A New York investment adviser didn’t hire a public accountant to audit its subsidiary’s private fund and now its bank account is $250,000 lighter, the ...
This matter arises out of fraudulent conduct by TitleCard Capital Group, LLC (“TCCG”), an exempt reporting investment adviser with the Commission, and its only managing ...
First, from January 2014 through October 2016, Tysdal and Carter raised approximately $25 million from debt investors in Cobalt for the stated purpose of making ...
In July 2016, GIG’s Chief Compliance Officer identified the omission of parties from the Application and the resulting non-compliance with the Co-Invest Order and informed ...
ED Capital also failed to comply with the requirement that every investment adviser registered with the Commission adopt and implement written policies and procedures reasonably ...
A California lawyer has agreed to at least one year of debarment to settle claims that he defrauded his private pool investors by concealing his ...
The SEC is pursuing fraud charges against two private hedge funds and their founders, who the Commission says bilked stricken former football players in what ...
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