February 24, 2021/US SEC On February 23, 2021, the Securities and Exchange Commission charged microcap issuer Medifirst Solutions, Inc., its president, Bruce Schoengood, and a stock promoter, Joshua Tyrell, with fraud in connection with their roles in unregistered offerings of Medifirst’s stock to the public. The SEC also charged Schoengood […]
Frauds & Scandals
Court Imposes Fraud Injunction and Penny Stock Bar On Individual and Orders Judgments of Over $14 Million Against Entities That Facilitated International Microcap Scheme
February 24, 2021/US SEC A federal court in New York recently entered final judgments against Anthony Killarney and the entities Blacklight SA, Tamarind Investments Inc., and SSID Ltd. for their roles in a scheme that generated more than $35 million of illegal sales of stock in at least 45 microcap […]
SEC Issues Press Statement on Court Judgment Against Infringement on Oando Shareholders Right
February 24, 2021/SEC Nigeria The attention of the Securities and Exchange Commission (the Commission) has been drawn to several publications in the media, where it is reported that a shareholder of Oando Plc, purportedly obtained a judgment from the Federal Capital Territory High Court against the Commission. The Commission wishes to […]
