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 […]
Frauds & Scandals
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 […]
SEC Charges New Defendant and Adds Whistleblower Impeding and Retaliation Claims in $149 Million Offering Fraud Case
December 1, 2022/US SEC On November 22, the Securities and Exchange Commission filed an amended complaint against Adam Rogas, the former CEO of Las-Vegas-based NS8, Inc., who was previously charged with defrauding investors by falsely claiming millions of dollars in revenue for NS8. The amended complaint adds charges against Rogas […]
