February 22, 2019/US SEC On February 20, 2019, the Honorable Joan A. Lenard of the U.S. District Court for the Southern District of Florida entered final judgments on consent against Mathias Francisco Sandoval Herrera and Maria D. Cidre, the former Chief Executive Officer and former Chief Financial Officer, respectively, of the […]
Frauds & Scandals
SEC Settles with Biotech Insider Trader
February 22, 2019/US SEC The Securities and Exchange Commission today charged a former employee of a biotech company with insider trading on confidential information regarding the company’s withdrawal of certain products from consideration by the U.S. Food and Drug Administration (FDA). The former employee of Trinity Biotech plc, Joseph Frank […]
SEC Charges Broker-Dealer and Transfer Agent in Microcap Shell Factory Fraud
February 21, 2019/US SEC The Securities and Exchange Commission on Wednesday announced charges against a broker-dealer, a transfer agent, and three individuals for their roles in the creation of over a dozen undisclosed “blank check” companies from 2009 to 2014. In its complaint, the SEC alleges that broker-dealer Spartan Securities […]
