November 23, 2020/US SEC The Securities and Exchange Commission today announced settled charges against Pennsylvania resident Michael R. Sullivan for allegedly trading on material, nonpublic information that he obtained through his employment at Dick’s Sporting Goods, Inc. The SEC’s complaint alleges that in August 2018, while employed in the Product […]
Frauds & Scandals
SEC Obtains Final Judgment in Offering Fraud
November 20, 2020/US SEC On November 20, 2020, the U.S. District Court for the Western District of North Carolina entered final consent judgments against Mark N. Pyatt and Winston Reed Investments LLC in connection with their roles in a fraudulent investment scheme. The SEC’s complaint alleged that, beginning in April […]
SEC Awards Whistleblower Over $900,000
November 19, 2020/US SEC The Securities and Exchange Commission today announced an award of over $900,000 to a whistleblower who identified securities law violations occurring overseas. The whistleblower’s timely and important information resulted in a significant expansion of an ongoing investigation. “Today’s award underscores the significance of the SEC whistleblower program’s […]
