November 9, 2020/US SEC The Securities and Exchange Commission charged Hughe Duwayne Graham, Donald Lee Howard, and Larry Louis Matyas, with acting as unregistered brokers in the sale of the securities of microcap issuer US Lighting Group, Inc. According to the SEC’s complaint, from at least October 2017 through at […]
Frauds & Scandals
Three Traders Settle Fraud Charges in Edgar Hacking Case
November 5, 2020/US SEC The Securities and Exchange Commission today announced settlements with Sungjin Cho, Ivan Olefir, and Capyield Systems, Ltd., an entity controlled by Olefir, who were charged with trading on nonpublic corporate earnings information hacked from the SEC’s EDGAR system. According to the SEC’s complaint, Cho, Olefir, Capyield, […]
SEC Awards More Than $3.6 Million and $750,000 in Separate Whistleblower Awards
November 5, 2020/US SEC The Securities and Exchange Commission today announced two separate whistleblower awards for total payments of over $4.3 million. In the first order, the Commission awarded a whistleblower over $3.6 million for providing important information that alerted the Commission to misconduct occurring abroad. The whistleblower provided substantial […]
