March 5, 2021/US SEC The Securities and Exchange Commission today charged AT&T, Inc. with repeatedly violating Regulation FD, and three of its Investor Relations executives with aiding and abetting AT&T’s violations, by selectively disclosing material nonpublic information to research analysts. According to the SEC’s complaint, AT&T learned in March 2016 […]
Frauds & Scandals
SEC Charges Utah Resident with Defrauding Investors
March 5, 2021/US SEC The Securities and Exchange Commission today charged Craig C. Garrick, Jr. of Alpine, Utah, with defrauding investors by misappropriating their funds. According to the SEC’s complaint, Garrick induced investors to invest at least $450,000 in a company Garrick partially controlled, while concealing from the investors that […]
SEC Charges Seven Individuals for $45 Million Fraudulent Scheme
March 5, 2021/US SEC The Securities and Exchange Commission charged seven individuals and a technology company in connection with a fraudulent scheme to gain control of Airborne Wireless Network, promote its stock, and defraud investors. According to the SEC’s complaint, Kalistratos “Kelly” Kabilafkas secretly purchased essentially all the outstanding stock […]
