August 27, 2021/US SEC The Securities and Exchange Commission today announced charges against Canton, Mississippi resident William B. McHenry, Jr. and his company First South Investments, LLC, for unlawfully selling unregistered securities in connection with the previously charged Madison Timber Properties, LLC Ponzi scheme. The SEC’s complaint, filed in federal […]
Frauds & Scandals
SEC Obtains Judgment Against California Trader Charged with Posting False Stock Tweets
August 27, 2021/US SEC The Securities and Exchange Commission obtained a judgment against an Irvine, California man who posted false statements over Twitter and another social media site while purchasing and selling securities. According to the SEC’s complaint, filed March 2, 2021, Andrew L. Fassari used the Twitter pseudonym @OCMillionaire […]
SEC Charges Underwriter and Its Former CEO With Misconduct In Muni Bond Tender Offer
August 26, 2021/US SEC The Securities and Exchange Commission today instituted settled charges against Crews & Associates Inc., an Arkansas-based broker-dealer, and its former CEO, Rush F. Harding III, for unfair dealing in connection with a municipal bond tender offer. The SEC’s orders find that Crews, at Harding’s direction, recommended […]
