July 29, 2021/US SEC The Securities and Exchange Commission today announced charges against Trevor R. Milton, the founder, former CEO and former executive chairman of Nikola Corporation, for repeatedly disseminating false and misleading information – typically by speaking directly to investors through social media – about Nikola’s products and technological […]
Frauds & Scandals
Investment Adviser Charged by SEC Sentenced to More Than Five Years in Prison in Parallel Criminal Case
July 28, 2021/US SEC On July 21, 2021, George Heckler, whom the SEC charged in March 2021 with operating a decade-long investment adviser fraud, was sentenced in a parallel criminal case to 63 months in prison. The criminal charges against Heckler, in part, stem from the same misconduct alleged in […]
SEC Obtains Final Judgment Against Accountant in Market Manipulation Scheme
July 28, 2021/US SEC On July 23, 2021, the United States District Court for the District of New Jersey entered a final consent judgment against Shaun Greenwald, a Certified Public Accountant whom the SEC charged in connection with his role in a market manipulation scheme. The SEC’s complaint, as amended […]
