April 10, 2019/US SEC The Securities and Exchange Commission charged a former senior lawyer at SeaWorld Entertainment Inc. (Sea World) with insider trading based on nonpublic information that the company’s revenue would be better than anticipated for the second quarter of 2018. The SEC alleges that Paul B. Powers had […]
Frauds & Scandals
SEC Charges New Jersey Investment Adviser with Securities Fraud
April 10, 2019/US SEC The Securities and Exchange Commission filed a civil injunctive action, charging a New Jersey resident with defrauding an investor by lying about his trading success, concealing trading losses, and misappropriating funds. The SEC’s complaint, filed in federal court in Brooklyn, alleges that Gonzalo Ortiz, of Hackensack, […]
SEC Charges Former SeaWorld Associate General Counsel With Insider Trading
April 10, 2019/US SEC The Securities and Exchange Commission today charged a former senior lawyer at SeaWorld Entertainment Inc. with insider trading based on nonpublic information that the company’s revenue would be better than anticipated for the second quarter of 2018. The SEC alleges that Paul B. Powers had early […]
