September 30, 2020/US SEC The Securities and Exchange Commission today announced charges against technology company HP Inc. for misleading investors by failing to disclose the impact of sales practices undertaken in an effort to meet quarterly sales and earnings targets. HP has agreed to pay $6 million to settle the charges. […]
Frauds & Scandals
SEC Charges Four Individuals in a Fraudulent Manipulation and Kickback Scheme
September 30, 2020/US SEC The Securities and Exchange Commission today announced charges against two stock promoters, Joel Stohlman and Ricardo Richardson, along with an attorney, Gary Wolff, and an accountant, Edward Heil, for their roles in a scheme designed to manipulate the volume and price of microcap stocks and illegally […]
SEC Whistleblower Program Ends Record-Setting Fiscal Year With Four Additional Awards
September 30, 2020/US SEC The Securities and Exchange Commission today announced awards to four individuals for total payments of almost $5 million. Each of these whistleblowers provided critical information that alerted the Commission of the alleged wrongdoing and resulted in successful enforcement action. This year the SEC has made a record 39 […]
