September 2, 2020/US SEC The Securities and Exchange Commission today charged Steven M. Sexton and his firm, Sexton Advisory Group, Inc., in federal district court with the unregistered offer and sale of securities and with acting as an unregistered broker in connection with their sale of securities of the Woodbridge […]
Frauds & Scandals
SEC Charges Connecticut Investment Adviser with Stealing Client Funds
September 1, 2020/US SEC The Securities and Exchange Commission today filed an emergency action charging investment adviser Matthew O. Clason, of Cheshire, Connecticut, with stealing thousands of dollars from an advisory client. In its action, the SEC seeks an asset freeze and other relief. The SEC alleges that, beginning in […]
SEC Awards Over $2.5 Million to Joint Whistleblowers for Detailed Analysis That Led to Multiple Successful Actions
September 1, 2020/US SEC The Securities and Exchange Commission today announced an award of over $2.5 million to joint whistleblowers whose tip based largely on highly probative independent analysis of a public company’s filings led to several successful enforcement actions. In addition to their tip, the whistleblowers provided helpful assistance […]
