November 1, 2018/NSE Pursuant to Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, Rulebook of The Exchange (Issuers’ Rules) (“Default Filing Rules”), which provides that; “If an Issuer fails to file the relevant accounts by the expiration of the Cure Period, The Exchange will: (a) Send […]
Frauds & Scandals
SEC Stops Broker’s Ongoing Theft of Retirees’ Investment Funds and Obtains Asset Freeze
October 31, 2018/US SEC The Securities and Exchange Commission today announced that it has obtained a court order halting an ongoing fraud perpetrated by a registered stock broker and several companies he controlled. The SEC’s complaint alleges that Sean Kelly used his companies, Lion’s Share Financial of East Cobb, Inc., […]
SEC Obtains Preliminary Injunction in International Microcap Fraud Scheme
October 30, 2018/US SEC The Securities and Exchange Commission has obtained a preliminary injunction and continued asset freeze against two individuals and their companies involved in a scheme that generated more than $165 million of illegal sales of stock in at least 50 microcap companies. The court originally entered a […]
