September 28, 2022/US SEC On September 22, 2022, the U.S. District Court for the Southern District of New York entered a final consent judgment against David Hu, the co-founder and chief investment officer of International Investment Group (IIG), a formerly registered investment adviser, enjoining Hu from violating the antifraud provisions […]
Frauds & Scandals
SEC Charges Former Florida Investment Adviser with Misappropriating Millions from Advisory Clients and Former Alabama Adviser with Breaching Fiduciary Duties
September 28, 2022/US SEC The Securities and Exchange Commission today charged Jared Eakes, who is believed to reside in Jacksonville, Florida, with misappropriating over $2 million from his clients at GraySail Advisors, LLC (“GraySail”), a now defunct Florida-based investment adviser created and controlled by Eakes. The SEC also charged James […]
SEC Charges The Hydrogen Technology Corp. and its Former CEO for Market Manipulation of Crypto Asset Securities
CEO of Hydrogen’s “Market Maker” also being charged for role in scheme September 28, 2022/US SEC he Securities and Exchange Commission today announced charges against The Hydrogen Technology Corporation, its former CEO, Michael Ross Kane, and Tyler Ostern, the CEO of Moonwalkers Trading Limited, a self-described “market making” firm, for […]
