Tag Archives: SEC

SEC Charges Microsoft Manager Brian Jorgenson and his Friend Sean Stokke with Insider Trading

SEC v. Brian D. Jorgenson and Sean T. Stokke, Case No. 2:13-cv-02275 (W.D. Wash.).  On December 19, 2013, the SEC announced insider trading charges against Brian D. Jorgenson and Sean T. Stokke.  According to the SEC, Jorgenson got confidential information … Continue reading

Posted in Securities | Tagged , ,

SEC Obtains Emergency Relief against Robert Helms and Janniece Kaelin in Alleged Ponzi Scheme

SEC v. Robert A. Helms, et al., Case No. 1:13-cv-01036-LY (W.D. Tex.).  On December 6, 2013, the SEC announced it obtained an asset freeze and other emergency relief in an alleged Ponzi scheme.  According to the SEC, Robert A. Helms … Continue reading

Posted in Securities | Tagged , , , , ,

SEC Charges Fifth Third Bancorp and its Former CFO Daniel Poston with Fraud for Accounting Practices during the Financial Crisis

In the Matter of Fifth Third Bancorp and Daniel Poston, Admin. Proc. No. 3-15635.  On December 4, 2013, the SEC announced it filed a Settled Administrative Order Instituting Proceedings (“OIP”) against Fifth Third Bancorp and its former CFO Daniel Poston. … Continue reading

Posted in Securities | Tagged , , , , ,

SEC Settles Insider Trading Case against Charles Langston III

SEC v. Charles Raymond Langston III et al., Case No. 1:13-cv-24360 (S.D. Fla.)  On December 3, 2013, the SEC announced the filing of a settled insider trading case against Charles Raymond Langston III.  The SEC also charged his companies with … Continue reading

Posted in Securities | Tagged , , ,

SEC Settles Penny Stock Case Against Curt Kramer for $1.4 Million

In the Matter of Curt Kramer et al., Admin Proc. No. 3-15621.  On November 25, 2013, the SEC announced the filing of a settled Order Instituting Cease-and-Desist Proceedings(“OIP”) against Curt Kramer and his firms Mazuma Corporation, Mazuma Funding Corporation, and … Continue reading

Posted in Securities | Tagged , ,

SEC Charges Gary Snisky with Defrauding Elderly Investors

SEC v. Gary C. Snisky, Case No. 1:13-cv-03149 (D. Colo.).  On November 21, 2013, the SEC announced it charged Gary Snisky with defrauding elderly investors.  According to the SEC, Snisky targeted retired annuity holders by using insurance agents to sell … Continue reading

Posted in Securities | Tagged , , , , , ,

SEC Charges Sam Miri with Insider Trading in Connection with the Galleon Trading Scheme

SEC v. Sam Miri, Case No. 13-cv-8324 (S.D.N.Y.).  On November 21, 2013, the SEC announced insider trading charges against Sam Miri, a former employee at Marvell Technology group for tipping inside information used in connection with Raj Rajaratnam’s insider trading … Continue reading

Posted in Securities | Tagged , , ,

SEC Charges Investment Advisers Gregory Adams and Larry Grossman with Fraud

In the Matter of Larry C. Grossman and Gregory J. Adams, Admin. Proc. No. 3-15617. On November 20, 2013, the SEC announced it issued an Order Instituting Administrative Cease-and-Desist Proceedings (“OIP”) against investment advisers Larry Grossman and Gregory Adams.  The … Continue reading

Posted in Securities | Tagged , , , ,

SEC Examiner Steven Gilchrist Criminally Charged for Allegedly Making False Statements about Prohibited Stock Holdings

On November 19, 2013, SEC examiner Steven Gilchrist was charged by the United States Attorney’s Office for allegedly making misstatements about prohibited stock holdings.

Posted in Securities | Tagged

SEC Publicizes 2013 Whistleblower Results

On November 15, 2013, the SEC publicized its 2013 Annual Report on the Dodd-Frank Whistleblower Program.  Although the Whistleblower Program is only in its third year, the SEC trumpeted its results as “historic.”  During Fiscal Year 2013, the program paid … Continue reading

Posted in Securities | Tagged ,