June 26, 2018/US SEC The Securities and Exchange Commission today charged a credit ratings agency employee with tipping two friends about The Sherwin-Williams Co.’s confidential plans to acquire The Valspar Corp., which he learned of through his work. The SEC also charged the two friends with trading on the illicit […]
Frauds & Scandals
SEC Charges Texas Businessman in Multi-Million Dollar Ponzi Scheme
June 26, 2018/US SEC The Securities and Exchange Commission today filed charges against Texas resident James VanBlaricum and six others for running an oil and gas Ponzi scheme. The SEC’s complaint alleges that VanBlaricum was the driving force behind a company called Texas Energy Mutual, LLC (f/k/a Texas Energy Management). […]
SEC Obtains Final Judgment Against Attorney in Scheme to Manipulate Stock of Sports Ticket Broker
June 26, 2018/US SEC On June 22, 2018, a federal district court in Massachusetts entered a final judgment against Richard Weed, formerly a partner in a Newport Beach, California law practice, for his role in defrauding investors in CitySide Tickets Inc., a Massachusetts-based ticket brokering business. The final judgment imposes […]
