June 9, 2022/US SEC On June 2, 2022, the Securities and Exchange Commission obtained a final judgment against defendant Puneet Dikshit, a partner at a global management consulting firm charged with insider trading in November 2021. The Honorable Jesse Furman of the United States District Court for the Southern District […]
Frauds & Scandals
SEC Obtains Final Judgment Against a Rhode Island Investment Adviser Charged with Orchestrating Multi-Million Dollar Ponzi Scheme
June 9, 2022/US SEC On June 1, 2022, the U.S. District Court for the District of Rhode Island entered its final judgment and a permanent injunction against Patrick Churchville, the owner and president of Rhode Island-based investment advisory firm ClearPath Wealth Management, LLC, for defrauding the funds they advised as […]
SEC Charges New Jersey Software Company and Senior Employees with Accounting-Related Misconduct
Synchronoss Technologies to Pay $12.5 Million to Settle Charges, Former CEO to Reimburse Company June 7, 2022/US SEC The Securities and Exchange Commission today charged Bridgewater, NJ-based Synchronoss Technologies, Inc. and seven senior employees, including the former CFO, in connection with their roles related to long-running accounting improprieties that ran […]
