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 […]
Frauds & Scandals
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 […]
SEC Charges Husband with Insider Trading Ahead of Announcements by Wife’s Employer
8/11/2018/US SEC The Securities and Exchange Commission today charged James E. Hengen with insider trading based on material, nonpublic information that he misappropriated from his wife, a human resources executive at a healthcare company who worked on corporate acquisitions. The SEC alleges that Hengen, whose wife worked for a subsidiary […]
