February 10, 2025/US SEC On January 16, 2025, the Securities and Exchange Commission filed charges against Anthony Marsico, Arthur P. Pizzello. Jr., Robert Quattrocchi, and Timothy Carey for allegedly insider trading in the stock of Goodness Growth Holdings, Inc., a cannabis company now doing business as Vireo Growth, Inc., in […]
Frauds & Scandals
SEC Granted Summary Judgment and Obtains Final Judgment Against Two Individuals and Three Entities in $45 Million Fraudulent Scheme
February 7, 2025/US SEC On January 15, 2025, the U.S. District Court for the Southern District of New York entered a final judgment against technology company, Airborne Wireless Network, its undisclosed control person, Kalistratos “Kelly” Kabilafkas, and his father, Timoleon “Tim” Kabilakfas, for orchestrating a fraudulent scheme to gain control […]
SEC Charges Four Individuals for Long-Running Scheme to Unlawfully Trade in Advance of Numerous Follow-On Offerings
February 3, 2025/US SEC On January 15, 2025, the Securities and Exchange Commission filed fraud charges against John Lowe, Randy Grewal, Richard Ringel, and David Cooper arising from their longstanding fraudulent scheme to trade in advance of the public announcement of the timing or price, or both, of numerous follow-on […]
