May 15, 2019/US SEC Jurors in Manhattan federal court today returned a verdict in the Securities and Exchange Commission’s favor against a brokerage firm and two of its executives. The SEC charged the brokerage firm, Portfolio Advisors Alliance Inc. (PAA), Howard J. Allen, the indirect owner of PAA, and Kerri L. Wasserman, […]
Frauds & Scandals
Court Orders Robert M. Morano to Pay Insider Trading Penalty
13/5/2019/US SEC On May 3, 2019, the U.S. District Court for the District of Oregon entered a final judgment against Robert M. Morano ordering him to pay a $75,000 insider trading penalty, which represents approximately two times the amount of Morano’s illegal trading profits. The SEC’s complaint charges Morano, a […]
SEC Says Approval Granted for the Commencement of Payment to the Investors of Dantata Success
May 13, 2019/SEC The Securities and Exchange Commission (the Commission), pursuant to its powers under section 13(w) of the Investments and Securities Act 2007, on 6th February 2019 sealed up the business premises of Dantata Success and Profitable Company (DSPC). The company has been involved in unlawful solicitation of funds […]
