October 10, 2018/US SEC The Securities and Exchange Commission announced today the entry of a final judgment against Dennis Hamilton, a former executive at Stamford, Conn.-based electronics company Harman International Industries, Inc. who had been charged with insider trading in Harman’s stock. On February 5, 2016, the Commission filed a […]
Frauds & Scandals
SEC Obtains Final Judgment in Forex-Based Offering Fraud Case
October 9, 2018/US SEC The Securities and Exchange Commission today announced that, on September 10, 2018, it obtained a final judgment in its civil action against Steve H. Karroum and his Virginia-based company, FX & Beyond Corporation. On February 16, 2017, the SEC filed a complaint in the U.S. District […]
SEC Obtains $25 Million Final Judgment Against Perpetrator of Offering Fraud That Targeted Retail Investors
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 […]
