September 28, 2018/US SEC The Securities and Exchange Commission today charged Salix Pharmaceuticals Ltd. and its former CFO with repeatedly misleading analysts and investors about the company’s future prospects. The former CFO, Adam Derbyshire, will pay more than $1 million to settle the charges. According to the SEC’s complaint, Salix […]
Frauds & Scandals
SEC Charges Australia-Based Investment Adviser with Fraud
September 28, 2018/US SEC The Securities and Exchange Commission filed charges against an Australia-based investment adviser Goldsky Asset Management, LLC and its owner, Kenneth Grace, for making false and misleading statements about its business in filings with the Commission and on its website. According to the SEC’s complaint, Goldsky’s Forms […]
SEC Charges San Diego Technology Repair Company, Business Partners in Ponzi Scheme
September 28, 2018/US SEC The Securities and Exchange Commission today charged a San Diego company, its president, and his business partner with running a multimillion dollar Ponzi scheme that defrauded hundreds of individual investors. According to the SEC’s complaint, Jonny Ngo and Donato “Mick” Baca, Jr., raised more than $61 […]
