August 17, 2021/US SEC The Securities and Exchange Commission today charged registered investment adviser Fusion Analytics Investment Partners, LLC (FAIP) and its CEO Michael J. Conte with breaches of fiduciary duty and, along with Fusion Analytics Holdings, LLC (Fusion Holdings), with fraud in connection with the sale of promissory notes. […]
Frauds & Scandals
SEC Charges Company and Its CEO with Fraudulent Statements Concerning Covid-19 Products
August 17, 2021/US SEC The Securities and Exchange Commission today announced charges against Rising Biosciences, Inc. and its Chief Executive Officer, Arthur Hall, for making false and misleading statements regarding disinfectant products Rising Biosciences purportedly launched in response to COVID-19. The SEC previously issued an order [https://www.sec.gov/litigation/suspensions/2020/34-89646-o.pdf] on August 25, 2020, temporarily suspending […]
SEC Charges Investment Adviser and Associated Individuals with Causing Violations of Regulation SHO
August 17, 2021/US SEC The Securities and Exchange Commission today announced settled charges against Murchinson Ltd.; its principal, Marc Bistricer; and its trader, Paul Zogala (the respondents), for providing erroneous order-marking information that caused executing brokers to violate Regulation SHO. In addition, Murchinson and Bistricer settled charges for causing a […]
