March 11, 2025/US SEC On March 10, 2025, the Securities and Exchange Commission filed a complaint against Ronald Pallek of Lakemoor, Illinois alleging he defrauded at least 87 investors in a scheme that raised over $1.5 million. The SEC’s complaint filed in federal court in the Eastern District of Wisconsin […]
Frauds & Scandals
SEC Charges Former Biopharmaceutical Company Vice President with Insider Trading
March 10, 2025/US SEC On March 7, 2025, the Securities and Exchange Commission filed charges against George Demos, a former Vice President of Drug Safety and Pharmacovigilance at Acadia Pharmaceuticals Inc., for insider trading in advance of Acadia’s March 8, 2021 announcement of negative news from the FDA regarding Acadia’s […]
SEC Charges Washington, D.C. Real Estate Developer And Twenty-Seven Companies With Negligently Misleading Investors
March 10, 2025/US SEC On March 7, 2025, the Securities and Exchange Commission charged Peter Stuart and twenty-seven real estate companies he collectively operated as Outlier Realty Capital with misleading investors about how their funds would be used. The defendants have agreed to settle the charges, with Stuart and thirteen […]
