Frauds & Scandals

SEC Obtains Final Judgment Against Former Mayor in Muni Bond Pay-To-Play Scheme

August 9, 2021/US SEC On July 26, 2021, the U.S. District Court for the Northern District of Illinois entered a final consent judgment against David Webb, Jr., the former mayor of Markham, Illinois, whom the SEC previously charged with securities fraud related to a $5.5 million municipal bond offering by […]

SEC Charges International Microcap Fraud Scheme Participants

August 9, 2021/US SEC The Securities and Exchange Commission today announced an emergency action charging nine individuals, including a public company chairman, for their participation in long-running fraudulent schemes that collectively generated hundreds of millions of dollars from unlawful stock sales and caused significant harm to retail investors in the […]

SEC Charges Former Domino’s Pizza Accountant with Insider Trading

August 9, 2021/US SEC The Securities and Exchange Commission today announced the filing of settled insider trading charges against Leonard R. Barr, a Michigan resident and former accountant at Domino’s Pizza, Inc. According to the SEC’s complaint, filed in the U.S. District Court for the Eastern District of Michigan, Barr […]