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 […]

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 […]

August 13, 2021/US SEC The Securities and Exchange Commission today charged a former employee of California-based Medivation Inc. with insider trading in advance of Medivation’s announcement that it would be acquired by pharmaceutical giant Pfizer Inc. According to the SEC’s complaint, filed in the U.S. District Court for the Northern […]