May 20, 2019/US SEC The Securities and Exchange Commission charged four individuals for their roles in a $1.9 million pump-and-dump scheme in the stock of a public Southern California beverage and cannabis company, Green Cures & Botanical Distribution, Inc. According to the SEC’s complaint, in 2015, Ishmail Calvin Ross of […]
Frauds & Scandals
SEC Files Subpoena Enforcement Against Individual for Failing to Produce Documents and Appear for Testimony
May 20, 2019/US SEC The Securities and Exchange Commission filed a subpoena enforcement action against Tracson McLeod of San Diego, California, seeking an order directing him to comply with an investigative subpoena for documents and testimony. According to the SEC’s application, filed in U.S. District Court for the Southern District […]
SEC Charges Five Individuals with Running a Pump-And-Dump Scheme
May 17, 2019/US SEC The U.S. Securities and Exchange Commission filed settled charges against five individuals for orchestrating a fraudulent pump-and-dump scheme involving multiple penny stocks. The SEC alleges that between May 2011 and May 2017, Andrew I. Farmer of Katy, Texas, Scott R. Sieck of Winter Park, Florida, Eddie […]
