April 29, 2024/USS SEC On April 26, 2024, the U.S. District Court for New Jersey entered a final judgment against Mario E. Rivero, a former registered representative at a broker-dealer, who misappropriated more than $480,000 from his advisory clients and brokerage customers. According to the SEC’s complaint, filed on March […]
Frauds & Scandals
SEC Charges Alleged Convertible Note Dealer for Failure to Register
April 29, 2024/US SEC The Securities and Exchange Commission today charged John Francis Forsythe, III, a resident of New Jersey, and an entity he owns and controls, Tri-Bridge Ventures, LLC (“Tri-Bridge”), with failing to register with the SEC as securities dealers. As part of their business, Forsythe and Tri-Bridge allegedly […]
SEC Charges Former BP Senior Manager with Insider Trading
April 26, 2024/US SEC The Securities and Exchange Commission today charged Chicago-area resident Kevin Crotty with insider trading ahead of a February 16, 2023 announcement that BP p.l.c. agreed to acquire TravelCenters of America Inc. This is the second insider trading case the SEC has brought in connection with trading […]