March 20, 2025/US SEC On March 13, 2025, the U.S. District Court for the District of Massachusetts entered final judgment against Norman V. Meier in the SEC’s action alleging that Meier orchestrated a years-long, multi-million-dollar international securities fraud. The SEC’s complaint, filed on October 11, 2024, alleged that Meier carried […]
Frauds & Scandals
SEC Obtains Final Judgment Against Investment Adviser Arising from Undisclosed Conflicts in Mutual Fund and Account Recommendations
March 20, 2025/US SEC On March 19, 2025, the Securities and Exchange Commission obtained a final judgment by consent against Cambridge Investment Research Advisors, Inc. (CIRA), a registered investment adviser based in Fairfield, Iowa. The Commission had charged CIRA with failing to disclose material conflicts of interest and breaching its […]
SEC Obtains Final Judgment Against North Carolina Man and Entities He Controlled in Offering Fraud Scheme
March 20, 2025/US SEC On March 6, 2025, the United States District Court for the Eastern District of North Carolina entered final judgment against Dharma Teja Nukarapu and two companies he controlled, SharkDreams, Inc. and D Dollar Inc., for their role in a fraudulent offering scheme. According to the SEC’s […]
