August 30, 2021/US SEC On August 26, 2021, the U.S. District Court for the District of Massachusetts entered a final consent judgment against a New Jersey-based former broker who was previously charged by the SEC with defrauding retail customers in a cherry-picking scheme. According to the SEC’s complaint, Michael A. […]
Frauds & Scandals
SEC Charges Investment Professional with IIIegal Trading Scheme
August 30, 2021/US SEC The Securities and Exchange Commission announced that it obtained an asset freeze and filed fraud charges against a Dallas, Texas investment professional for engaging in an alleged deceptive trading scheme in which he stole hundreds of thousands of dollars from a family fund whose money he […]
California-Based Watch Dealer Charged in Insider Trading Scheme
August 30, 2021/US SEC The Securities and Exchange Commission announces insider trading charges against Robert J. Maron of Thousand Oaks, California, who generated more than $1 million in profits by trading in the securities of Illumina, Inc. ahead of an October 10, 2016 Illumina financial performance announcement. The SEC’s amended […]
