September 27, 2022/US SEC The Securities and Exchange Commission yesterday charged Peter L. Coker Sr., Peter L. Coker Jr., and James T. Patten for their roles in orchestrating fraudulent manipulative securities trading schemes. These schemes included artificially inflating the share price of Hometown International, which operated a New Jersey deli […]
Frauds & Scandals
SEC Charges 16 Wall Street Firms with Widespread Recordkeeping Failures
Firms admit to wrongdoing and agree to pay penalties totaling more than $1.1 billion September 27, 2022/US SEC The Securities and Exchange Commission today announced charges against 15 broker-dealers and one affiliated investment adviser for widespread and longstanding failures by the firms and their employees to maintain and preserve electronic […]
SEC Settles Insider Trading Charges Against Former Investment Banking Analyst and Associate of Former Nfl Player
September 27, 2022/US SEC On August 30, 2022, the United States District Court for the Eastern District of Pennsylvania entered final judgments against Damilare Sonoiki, a former investment banking analyst, and Mark Wayne Ramsey, who was a friend, roommate, and business partner of former professional football player Mychal Kendricks. According […]
