- SEC Charges Microsoft Manager Brian Jorgenson and his Friend Sean Stokke with Insider Trading
- SEC Obtains Emergency Relief against Robert Helms and Janniece Kaelin in Alleged Ponzi Scheme
- SEC Charges Fifth Third Bancorp and its Former CFO Daniel Poston with Fraud for Accounting Practices during the Financial Crisis
- SEC Settles Insider Trading Case against Charles Langston III
- SEC Settles Penny Stock Case Against Curt Kramer for $1.4 Million
Other BraunHagey Blogs
Monthly Archives: July 2012
On July 31, 2012, a federal jury found that former Citigroup Manager Brian Stoker was not liable for fraud in connection with the bank’s sale of mortgage-related investments.
SEC v. Michael A. Bodanza, et al., Case No. 1:12-cv-1954 (N.D. Ohio). On July 30, 2012, the SEC announced the filing of a settled civil action against Michael Bodanza, the former CFO and founding member of Preferred Financial Holdings Co., … Continue reading
SEC v. Well Advantage Limited, et al. The SEC is continuing its pursuit of insider traders, obtaining an emergency asset freeze on traders’ assets. On July 27, 2012, the SEC filed a complaint against Well Advantage Limited, Certain Unknown Traders … Continue reading
SEC v. Ronald Feldstein. On July 25, 2012, the SEC filed a complaint against Ronald Feldstein. The suit stems from the role played Feldstein played in the disclosure of materially misleading information by Interlink-US-Network, Ltd. (“Interlink”) and its officers concerning a … Continue reading
SEC v. Ladislav “Larry” Schvacho, Case No. 1:12-mi-99999-UNA (N.D. Ga.). On July 24, 2012, the SEC announced insider trading charges against Larry Schvacho. Schvacho traded in the common stock of Comsys IT Partners, Inc. (“Comsys”) based on material, non-public information … Continue reading
SEC Charges Chicago-Based Huron Consulting Group and Two Former Executives With Accounting Violations
In the Matter of Huron Consulting Group, Inc., Gary L. Burge, CPA, and Wayne E. Lipski, CPA, Admin. Proc. No. 3-14958. On July 19, 2012, the SEC issued an administrative order finding that Huron Consulting Group Inc., a provider of … Continue reading
SEC v. Monouchehr Moshayedi, Case No. SACV12-1179 (C.D. Cal.) On July 19, 2012, the SEC announced insider trading charges against Monouchehr Moshayedi in connection with the sale of nine million shares of stock in STEC, Inc. (“STEC”) in August 2009. Moshayedi is a founder, and … Continue reading
SEC Charges Mizuho Securities USA With Misleading Investors By Obtaining False Credit Ratings for Collateralized Debt Obligation.
SEC v. Mizuho Securities USA Inc., Case No. 12-cv-5550 (S.D.N.Y); In the Matter of Alexander V. Rekeda, Admin. Proc. No. 3-14953; In the Matter of Xavier Capdepon and Gwen Snorteland, Admin. Proc. No. 3-14954; In the Matter of Delaware Asset Advisers … Continue reading
Two U.S. Senators plan to introduce a bill that would increase the fines that the SEC can impose on Wall Street.
On July 18, 2012, the SEC announced a deferred prosecution agreement with a non-profit corporation that offers securities to fund mortgage and construction loans to young Amish families in Ohio. The agreement with the non-profit, Amish Helping Fund (“AHF”), hopes … Continue reading