June 15, 2022/US SEC The Securities and Exchange Commission announced that it filed an emergency action on June 14, 2022 to halt a multi-year investment fraud being run by Texas-based real-estate executive Blake Robert Templeton through three companies he controlled, Boron Capital, LLC, BC Holdings 2017, LLC, and United BNB […]
Frauds & Scandals
SEC Charges Weiss Asset Management with Short Selling Violations
June 15, 2022/US SEC The Securities and Exchange Commission today announced that investment advisory firm Weiss Asset Management LP has agreed to pay approximately $6.9 million to settle charges that it violated the federal securities laws when it unlawfully purchased stock in seven public offerings after selling short those same […]
SEC Charges Private Equity Adviser for Failing to Disclose Disproportionate Expense Allocations to Fund
June 14, 2022/US SEC The Securities and Exchange Commission today charged New Jersey-based investment adviser Energy Capital Partners Management LP (ECP) with allocating undisclosed, disproportionate expenses to a private equity fund it advises. ECP agreed to pay a $1 million penalty to settle the SEC charges and has voluntarily paid […]
