February 6, 2024/US SEC On February 5, 2024, the Securities and Exchange Commission obtained a final judgment against defendant Jeffrey Auerbach, whom the SEC previously charged for his role in a fraudulent scheme to bribe a stockbroker to buy a company’s stock in his customers’ accounts without the customers’ knowledge. […]

February 5, 2024/US SEC On January 31, 2024, the U.S. District Court for the Eastern District of California entered judgments against Jake Soberal and Irma Olguin, Jr., the former co-CEOs of Fresno, California-based private technology services startup Bitwise Industries Inc., in an action alleging that they misled investors about the […]

Defendant claimed his hedge fund would use sophisticated tools like artificial intelligence to generate returns February 2, 2024/US SEC The Securities and Exchange Commission today announced that Brian Sewell and his company, Rockwell Capital Management, agreed to settle fraud charges in connection with a scheme that targeted students taking Sewell’s […]