January 28, 2022/US SEC The Securities and Exchange Commission announced settled fraud charges without a penalty against HeadSpin, Inc., a private technology company that made significant remedial efforts in the wake of an internal investigation into misconduct by its now former CEO. The SEC’s complaint, filed in the U.S. District […]
Frauds & Scandals
SEC Obtains Final Judgment Against Defendants in Stock Research Scheme
January 28, 2022/US SEC On January 21, 2022, the U.S. District Court for the Southern District of New York entered a final judgment against defendants Ajay Tandon and Amit Tandon for their involvement in a stock research scheme and for illegal “scalping” in connection with that scheme. According to the […]
Former Financial Advisor Charged with Stealing $5.8 Million from Client
January 26, 2022/US SEC On January 21, 2022, the Securities and Exchange Commission charged German Nino, a former securities broker and investment adviser representative for UBS Financial Services Inc., with stealing $5.8 million from a long-standing client. The SEC’s complaint alleges that Nino, of Weston, Florida, stole the investment funds […]
