July 30, 2024/US SEC The Securities and Exchange Commission today charged Palm Beach County resident Charles Baugh with violations of the anti-fraud provisions of the federal securities laws in connection with his trading in the securities of ADT, Inc. ahead of an announcement that the company had agreed to enter […]
Frauds & Scandals
SEC Wins Summary Judgment Against Former Silicon Valley Software Engineer in Multimillion Dollar Insider Trading Ring Case
July 29, 2024/US SEC On July 25, 2024, Judge Richard Seeborg of the U.S. District Court for the Northern District of California granted the SEC’s motion for summary judgment against Sivannarayana Barama and entered a final judgment against Barama, finding him liable for almost $8.5 million as a result of […]
SEC Charges CEO of Houston Energy Company with Fraud
July 29, 2024/US SEC The Securities and Exchange Commission announced today that it filed charges against Thomas San Miguel, founder and former Chief Executive Officer of SGR Energy, Inc. (“SGR Energy”), a Houston-based fuel-blending business, for engaging in an unregistered and fraudulent securities offering. The SEC’s complaint alleges that between […]
