July 6, 2022/US SEC On July 5, 2022, the United States District Court for the Western District of Washington entered final judgments by consent against the four remaining defendants who were charged for their roles in a scheme to trade on confidential information about Netflix’s subscriber growth. The SEC’s complaint, […]
Frauds & Scandals
SEC Charges Multiple Defendants with Operating Multi-Million Dollar Ponzi Scheme
July 1, 2022/US SEC The Securities and Exchange Commission today charged Terry Nikopoulos of Aurora, Ontario, Canada and four entities he controlled, TKJ Investments Corp., TKJ Holdings Corp., Preeminent Trade Group Inc., and The Elyte Group Corp., and Justin R. Kimbrough of Plano, Texas and an entity that he controlled, […]
SEC Charges Georgia Investment Adviser with Misappropriating Over $1.7 Million from Retail Investors
July 1, 2022/US SEC The Securities and Exchange Commission yesterday charged Eric Hollifield of Winder, Georgia, with misappropriating at least $1.7 million from two advisory clients and one brokerage customer and using the funds to pay for personal expenses, including the purchase of a home. The SEC’s complaint alleges that, […]
