December 23, 2021/US SEC The Securities and Exchange Commission announced fraud charges against five Russian nationals for engaging in a multi-year scheme to profit from stolen corporate earnings announcements obtained by hacking into the systems of two U.S.-based filing agent companies before the announcements were made public. The filing agents […]
Frauds & Scandals
SEC Charges Additional Unregistered Brokers Who Sold Equialt Securities to Retail Investors
December 21, 2021/US SEC The Securities and Exchange Commission today announced charges against a California-based individual, John Marques, and a company he controlled and operated, for various registration violations in connection with their unlawful sales of securities of real estate funds to retail investors. According to the SEC’s complaint, between […]
Nikola Corporation to Pay $125 Million to Resolve Fraud Charges
Company Also Agrees to Continue Cooperating with the SEC December 21, 2021/US SEC The Securities and Exchange Commission today announced that Nikola Corporation, a publicly traded company created through a special purpose acquisition company transaction, has agreed to pay $125 million to settle charges that it defrauded investors by misleading […]
