December 14, 2020/US SEC The Securities and Exchange Commission today announced charges against an additional three individuals for illegally selling securities of 1 Global Capital, LLC in unregistered transactions to retail investors while acting as unregistered brokers. The SEC previously charged 1 Global, its owner, and others with operating a […]
Frauds & Scandals
SEC Awards More Than $300,000 to Whistleblower with Audit Responsibilities
December 14, 2020/US SEC The Securities and Exchange Commission today announced an award of more than $300,000 to a whistleblower whose high-quality information and continuing assistance significantly contributed to a successful enforcement action. The whistleblower became aware of the potential securities law violations in connection with audit-related responsibilities. Although individuals […]
SEC Charges Sequential Brands Group, Inc. with Deceiving Investors by Failing to Timely Impair Goodwill
December 11, 2020/US SEC The Securities and Exchange Commission today charged New York-based brand-management company Sequential Brands Group, Inc. with failing to impair its goodwill as required by accounting principles and the federal securities laws. The SEC’s complaint alleges that Sequential failed to properly assess its goodwill for potential impairment […]
