April 23, 2021/US SEC The Securities and Exchange Commission today announced awards totaling more than $3 million to two whistleblowers in separate enforcement proceedings. In the first order, the SEC awarded approximately $3.2 million to a whistleblower who alerted SEC staff to violations, identified key issues for staff to focus […]
Frauds & Scandals
Court Enters Final Judgment Against Investment Adviser Who Defrauded Retired Couple
April 20, 2021/US SEC On April 19, 2021, the U.S. District Court for the District of Connecticut entered a judgment against unregistered investment adviser Hai Khoa Dang for defrauding a retired couple who had been his advisory clients for 20 years. According to the SEC’s complaint, filed on September 10, […]
SEC Obtains Final Judgments Against Three Defendants in International Microcap Manipulation Scheme
April 19, 2021/US SEC On April 16, 2021, the U.S. District Court for the District of Massachusetts entered final judgments against three defendants in a previously-filed SEC enforcement action alleging a scheme to profit from the manipulation and illegal sale of stock of two publicly traded companies. According to the […]
