January 28, 2019/US SEC The Securities and Exchange Commission today announced that a federal court in Florida ordered Woodbridge Group of Companies LLC and its former owner to pay $1 billion in penalties and disgorgement for operating a Ponzi scheme that targeted retail investors. The Honorable Judge Marcia G. Cooke of the […]
Frauds & Scandals
Court Dismisses Appeal Filed by Former F-Squared CEO, Affirms Sec’s Judgment
January 28, 2019/US SEC The Securities and Exchange Commission announced today that on January 15, 2019 the United States Court of Appeals for the First Circuit dismissed the appeal filed in May 2018 by Howard B. Present, co-founder and former CEO of investment management firm F-Squared Investments. In March 2018, […]
SEC Charges Atlanta Investment Adviser with Defrauding a Private Fund and Its Investors
January 28, 2019/US SEC The Securities and Exchange Commission has charged an Atlanta investment adviser and an entity he controls with defrauding a private fund they managed and its investors. The SEC’s complaint, filed in federal district court in Atlanta, alleges that, beginning in August 2009 and continuing until at […]
