December 7, 2022/US SEC The Securities and Exchange Commission today charged venture capital firm Vika Ventures LLC and its CEO and co-founder, George Iakovou, with fraudulently offering and selling more than $6 million of securities to at least 46 individual investors in multiple states including California, Georgia, and New York. […]
Frauds & Scandals
SEC Obtains Judgment Against Market Manipulator
December 6, 2022/ US SEC On December 5, 2022, the U.S. District Court in Boston entered a final judgment against Virginia resident Eric T. Landis, a recidivist market manipulator, and an entity he controlled, ordering them to pay over $2.5 million in disgorgement and deeming that amount satisfied by the same […]
AT&T Settles SEC Charge of Selectively Disclosing Material Information to Wall St. Analysts
Company Agrees to Pay a Record Penalty in Regulation FD Cases of $6.25 Million December 5, 2022/US SEC The Securities and Exchange Commission today announced that AT&T agreed to pay a $6.25 million penalty and three company executives agreed to pay $25,000 apiece stemming from charges brought in March 2021 […]
