September 1, 2022/US SEC The Securities and Exchange Commission today charged Archer Capital Management Group, the Archer Growth Fund, and two related entities, HDR Management LLC and Silvermoon Group LLC, with operating a fraudulent scheme from December 2019 through December 2020 that raised approximately $2.6 million from at least 20 […]
Frauds & Scandals
SEC Charges Advisory Firm and Executives with Devising an Elaborate Scheme to Defraud Clients out of More Than $75 Million
August 30, 2022/US SEC The Securities and Exchange Commission today charged two North Carolina-based executives, Gregory E. Lindberg and Christopher Herwig, and their Malta-based registered investment adviser, Standard Advisory Services Limited, for defrauding clients out of more than $75 million through undisclosed transactions that benefited themselves and their companies. According […]
SEC Files Subpoena Enforcement Action Against Issuer for Failure to Produce Documents
August 30, 2022/US SEC The Securities and Exchange Commission announced that it has filed an action against Ignite International Brands, Ltd., a publicly traded company based in Ontario, Canada, seeking an order directing it to comply with an investigative subpoena for documents. According to the SEC’s filing in the U.S. […]
