May 26, 2023/US SEC The Securities and Exchange Commission announced that it obtained final consent judgments against The Hydrogen Technology Corporation, its former CEO, Michael Ross Kane, and Tyler Ostern, the CEO of Moonwalkers Trading Limited. The final consent judgments conclude the SEC’s case against Hydrogen, Kane, and Ostern for […]
Frauds & Scandals
SEC Obtains Final Judgments Against Stock Promoter and Microcap Issuer in Penny Stock Fraud Scheme
May 24, 2023/US SEC The Securities and Exchange Commission obtained final judgments against a stock promoter and a microcap issuer for their roles in an $11 million penny stock fraud scheme first charged in August 2021. On May 23, 2023, the U.S. District Court for the Southern District of New […]
SEC Charges Texas Resident with Acting as an Unregistered Broker
May 19, 2023/US SEC The Securities and Exchange Commission announced charges against Daniel E. Levin, from Dallas-Fort Worth, with acting as an unregistered broker-dealer. According to the SEC’s complaint filed on May 9, 2023, Levin solicited investors to purchase approximately $2.6 million worth of units in a fund he controlled, […]
