October 9, 2018/US SEC A federal district court in Washington, DC has entered a final judgment against Lawrence P. Schmidt in a case the Securities and Exchange Commission brought against Schmidt and several entities he controlled for defrauding investors in connection with unregistered debt offerings. In its complaint, filed on […]
Frauds & Scandals
SEC Files Subpoena Enforcement Against Investment Company Trust and Trustee for Failure to Produce Documents
October 9, 2018/US SEC The Securities and Exchange Commission announced that it filed a subpoena enforcement action against the Saint James Holding and Investment Company Trust and its sole trustee, Jeffre James. According to the SEC’s application, filed on October 5, 2018 in U.S. District Court for the Central District […]
NSE Suspends Trading in the Shares of IEI, Union Dicon, Four Others
October 8, 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 […]
