September 18, 2018/US SEC The Securities and Exchange Commission has filed a subpoena enforcement action against John Paul Waymack, seeking an order directing him to comply with an investigative subpoena for documents and testimony. According to the application and supporting papers, which were filed in the United States District Court […]
Frauds & Scandals
SeaWorld and Former CEO to Pay More Than $5 Million to Settle Fraud Charges
September 18, 2018/US SEC The Securities and Exchange Commission today announced that SeaWorld Entertainment Inc. and its former CEO have agreed to pay more than $5 million to settle fraud charges for misleading investors about the impact the documentary film Blackfish had on the company’s reputation and business. SeaWorld’s former vice president […]
SEC Charges Former Owner of Investment Education Franchise with Misleading Investors
September 17, 2018/US SEC The Securities and Exchange Commission today announced charges against the former owner of a Texas-based investment education franchise for lying to dozens of investors in connection with a multimillion dollar offering fraud. According to the SEC’s complaint, Defendant Thomas J. Caufield convinced more than 40 investors […]
