July 19, 2021/US SEC The Securities and Exchange Commission today announced charges against Aron Govil of Jacksonville, Florida, for defrauding investors in two companies he controlled, Cemtrex Inc. and Telidyne Inc. According to the SEC’s complaint, filed today in U.S. District Court for the Southern District of New York, […]
Frauds & Scandals
UBS Settles Charges Related to Investments in Complex Exchange-Traded Product
More Than $8 Million Returning to Harmed Investors as Part of Ongoing Risk-Based Initiative July 19, 2021/US SEC The Securities and Exchange Commission today filed a settled action against UBS Financial Services Inc. for compliance failures relating to sales of a volatility linked exchange-traded product (ETP). This is the sixth […]
SEC Charges Virginia Man with Manipulating Microcap Stock
July 15, 2021/US SEC The Securities and Exchange Commission announced charges against Marlon Muller for engaging in a pattern of coordinated trading intended to artificially raise and sustain the price of microcap issuer EMS Find, Inc. (EMSF) and to generate liquidity. The SEC’s complaint, filed in the United States District […]
