September 10, 2021/US SEC The Securities and Exchange Commission announced that it obtained final judgment against defendant Nelson Gomes on September 9, 2021 and partial judgment against defendant Shane Schmidt on July 13, 2021, in a previously-filed action against 11 defendants alleging a fraudulent scheme that generated more than $25 […]
Frauds & Scandals
SEC Obtains Final Judgment Against Former Consultant and Board Member Charged with Insider Trading
September 10, 2021/US SEC The Securities and Exchange Commission announced that it obtained a final judgment against Oregon resident Mark Ahn on September 8, 2021 in a previously-filed action alleging that Ahn engaged in insider trading in the securities of a Massachusetts-based pharmaceutical company, Dimension Therapeutics, Inc., in advance of […]
SEC Obtains $15 Million Final Judgment Against Virginia Real Estate Developer
September 10, 2021/US SEC The Securities and Exchange Commission announced that it obtained a final judgment as to monetary relief against Todd Elliott Hitt, whom the SEC previously charged in connection with a scheme to defraud investors and misappropriate investment funds. The final judgment finds Hitt liable for more than […]
