8/11/2018/US SEC The Securities and Exchange Commission today charged a stock research firm and its co-founders with defrauding investors by issuing reports purportedly based on “unbiased” and “not paid for” research when in reality they received thousands of dollars from issuers as a condition to providing each report. According to […]
Frauds & Scandals
Federal Jury Convicts Radio Talk Show Host for Fraud and Conspiracy
8/11/2018/US SEC A federal jury in Manhattan has convicted a sports radio personality for securities and wire fraud and conspiracy. The defendant was also charged by the Securities and Exchange Commission for related civil violations of the federal securities laws. The criminal charges against the New York-based sports talk show […]
Court Bars Long Island Based Cold-Caller and His Firm from Participating in Penny Stock Offerings for Twenty-Five Years
8/11/2018/US SEC A federal court in the District of Columbia has barred a Long Island-based individual whom the Securities and Exchange Commission charged with defrauding investors from participating in penny stock offerings for twenty-five years. The SEC charged Eric P. Lesak and his firms, Global Research, LLC (PA) and Global […]
