12/9/2018/US SEC The Securities and Exchange Commission today charged a hedge fund adviser and his investment advisory firm with illegally profiting from a scheme to drive down the price of San Diego-based Ligand Pharmaceuticals Inc., reaping more than $1.3 million of gains for the adviser and the hedge fund. The […]

12/9/2018/US SEC On September 7, 2018, the Securities and Exchange Commission filed an action against Joseph M. Laura, Anthony R. Sichenzio, and Walter Gil de Rubio, for defrauding approximately 80 investors of over $3.7 million. According to the SEC’s complaint, the defendants defrauded investors and misappropriated investor funds between June […]

September 12, 2018/US SEC The Securities and Exchange Commission today charged a New Jersey-based broker with misusing his access to customers’ brokerage accounts to enrich himself and family members at the expense of his customers, many of whom had entrusted him with their retirement accounts.  The SEC uncovered the alleged […]