May 23, 2019/US SEC The Securities and Exchange Commission filed an emergency action charging Robert C. Morgan, a New York residential and commercial real estate developer, and two of his entities, Morgan Mezzanine Fund Manager LLC and Morgan Acquisitions, LLC, with fraud for siphoning and misusing investor funds. In its action, […]
Frauds & Scandals
SEC Charges Unregistered Broker Who Sold Woodbridge Securities to Retail Investors
May 22, 2019/US SEC On May 22, 2019, the Securities and Exchange Commission charged Charles Nilosek, a Massachusetts-based external sales agent for Woodbridge Group of Companies LLC, with illegally selling Woodbridge securities to retail investors while acting as an unregistered broker. According to the complaint, Nilosek was among Woodbridge’s top […]
SEC Brings Additional Charges in Insider Trading Scheme Involving NFL Player and Former Investment Banker
May 21, 2019/US SEC The Securities and Exchange Commission today charged Mark “Christian” Ramsey for participating in an insider trading scheme perpetrated by a professional football player and former investment banker previously charged by the SEC for insider trading. In August 2018, the SEC charged Mychal Kendricks, the football player, […]
