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 […]
Frauds & Scandals
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 […]
SEC Charges Investment Adviser and Two Officers for Misuse of Fund and Portfolio Company Assets
March 7, 2025/US SEC The Securities and Exchange Commission today filed settled charges against registered investment adviser Momentum Advisors LLC, its former managing partner Allan J. Boomer, and its former chief operating officer and partner Tiffany L. Hawkins, for breaches by Boomer and Hawkins of their fiduciary duties when they […]
