July 21, 2022/US SEC On July 19, 2022, the Securities and Exchange Commission obtained a final judgment against Apostolos Trovias, a Greek national, whom the SEC previously charged with perpetrating a fraudulent scheme to sell what he called “insider trading tips” on the Dark Web. The Dark Web, which facilitates […]
Frauds & Scandals
SEC Charges Tampa-Based Health Insurance Distributor and its Former CEO with Making False Statements to Investors
July 20, 2022/US SEC The Securities and Exchange Commission today announced charges against Health Insurance Innovations (HII) and its former CEO Gavin Southwell for concealing extensive consumer complaints about short-term and limited health insurance products HII offered. HII has since changed its name to Benefytt Technologies and become a private […]
SEC Issues More than $17 Million Award to a Whistleblower
July 19, 2022/US SEC The Securities and Exchange Commission today announced an award of more than $17 million to a whistleblower who provided information and assistance in a covered action and related action. The whistleblower’s information prompted SEC staff to open a new investigation that led to the successful covered […]
