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 […]
Frauds & Scandals
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, […]
SEC Obtains Final Judgment Against Michigan Investment Adviser for Fraud
May 10, 2022/US SEC On May 5, 2022, the U.S. District Court for the Eastern District of Michigan entered a final judgment against Steven F. Muntin, a former Michigan-based investment adviser representative at an SEC-registered investment adviser, for defrauding one of his investment advisory clients out of more than $314,000. […]
