Contributors
-
Recent Posts
- 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
Archives
Categories
Meta
Other BraunHagey Blogs
-
Tag Archives: SEC
SEC Obtains Contempt Order in 30-Year Old Case
SEC v. James L. Douglas a/k/a James Cooper, Case No. 82-cv-29 (N.D. Ohio). After being criticized a few years ago about not being aggressive enough about going after defendants who do not pay their penalties, the SEC shows it is … Continue reading
Facebook’s Pre-IPO Interactions With The SEC
Yesterday, I had the opportunity to appear on Bloomberg West to discuss Facebook’s pre-IPO communication with the SEC. Here is the video.
SEC Charges Brokers Marek Leszczynski, Benjamin Chouchane, Gregory Reyftmann, and Henry Condron For Overcharging Customers $18.7 Million
SEC v. Marek Leszczynski, et al. (S.D.N.Y.). On October 5, 2012, the SEC announced fraud charges against brokers Marek Leszczynski, Benjamin Chouchane, Gregory Reyftmann, and Henry Condron for taking $18.7 million from customers by overcharging them. The Defendants were at … Continue reading
SEC Charges James and Jeffrey Quay With Defrauding Elderly Investors
SEC v. James S. Quay and Jeffrey A. Quay, Case No. 1:12-cv-03429-RWS (N.D. Ga.). On October 4, 2012, the SEC announced fraud charges against James and Jeffrey Quay. James Quay (“Quay”) and his brother stole $560,000 from two women who … Continue reading
SEC Continues To Publicize Its Vigorous Pursuit of Hedge Funds
For the past few years, the SEC has widely publicized its enforcement efforts against hedge funds. The agency has filed more than 100 hedge fund cases since 2010. On October 3, 2012, it issued an investor bulletin describing some of … Continue reading
Posted in Securities
Tagged Fraud, Hedge Fund, Investment Advisers Act, SEC, Securities Act, Securities Exchange Act
Leave a comment
SEC Charges Dark Pool Operator eBX LLC With Failing To Protect Confidential Information
In the Matter of eBX, LLC, Admin. Proc. No. 3-15058. On October 3, 2012, the SEC announced it issued a settled order instituting administrative proceedings and imposing remedial sanctions against eBX, LLC. eBX is a registered broker-dealer. It operates an alternative … Continue reading
SEC Obtains Emergency Asset Freeze Against Repeat Offender Joseph Hilton in Oil Scam
SEC v. Joseph Hilton, et al.. On October 3, 2012, the SEC announced it obtained an emergency order freezing the assets of Joseph Hilton who has been charged with fraud. In 2010, the SEC obtained a final judgment against Joseph … Continue reading
Posted in Securities
Tagged Fraud, SEC, Securities Act, Securities Exchange Act, Unregistered Securities Transactions
Leave a comment
Former IndyMac CEO Michael Perry settles with the SEC for $80,000
SEC v. Michael W. Perry et al., Case No. CV 11-1309 R (JCx). On October 1, 2012, the SEC announced it settled its ongoing litigation against Michael Perry, the former CEO and Chairman of the Board of IndyMac Bancorp, Inc. IndyMac, … Continue reading
SEC Charges Solar Company In Market Manipulation Case
SEC Sunrise Solar Corporation, Eddie D. Austin, Jr., and Carolyn Austin, Civil Action No. 5:12-cv-00918-OLG (W.D. Tx.). On October 1, 2012, the SEC announced it had filed fraud charges against Sunrise Solar Corporation, its former CEO Eddie D. Austin, Jr., … Continue reading
SEC Charges Subramanian Krishnan With Evading Internal Controls
SEC v. Subramanian Krishnan, Case No.: 12-CV-2495 PAM-JJG (D. Minn.). On September 28, 2012, the SEC announced it had filed a partially-settled enforcement action against Subramanian Krishnan. Krishnan was the former CFO of Digi International, Inc. (“Digi”). Corporate funds were used to pay for unauthorized travel … Continue reading
Posted in Securities
Tagged Fraud, Internal Controls, SEC, Securities Act, Securities Exchange Act
Leave a comment
Securities Enforcement Blog 