May 11, 2022/US SEC On May 6, 2022, the U.S. District Court for the Southern District of New York entered a partial consent judgment against Florida resident Lev Parnas for his role in participating in an offering fraud that raised millions of dollars from investors. According to the SEC’s complaint, […]
Frauds & Scandals
SEC Obtains Final Judgment Against Former California Real Estate Company CFO for Role in Ponzi Scheme
May 10, 2022/US SEC On April 25, 2022, the Securities and Exchange Commission obtained a final judgment against the former Chief Financial Officer of a Marin County, California real estate investment and management company for his role in a Ponzi scheme that defrauded investors. The SEC’s complaint, filed on March […]
SEC Obtains Final Judgment Against Pharmaceutical Company Founder Charged with Insider Trading
May 10, 2022/US SEC On May 5, 2022, the U.S. District Court for the Southern District of New York entered a final consent judgment against a founder and former board member of Auspex Pharmaceuticals, Inc., who was charged with insider trading ahead of a tender offer. On August 25, 2020, […]
