Category Archives: Investor

SEC Charges Man for Defrauding Investors out of Millions of Dollars by Posing as Hedge Fund Billionaire


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SEC Charges Man for Defrauding Investors out of Millions of Dollars by Posing as Hedge Fund Billionaire
The Securities and Exchange Commission today charged Justin Costello for using a false persona, as a Harvard-educated military veteran and hedge fund billionaire, to defraud investors out of millions of dollars. The SEC also charged Costello and David…

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SEC Charges Kim Kardashian for Unlawfully Touting Crypto Security


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SEC Charges Kim Kardashian for Unlawfully Touting Crypto Security
The Securities and Exchange Commission today announced charges against Kim Kardashian for touting on social media a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion. Kardashian agreed to…

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Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
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SEC to Spotlight Financial Planning and Resilience during World Investor Week 2022


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SEC to Spotlight Financial Planning and Resilience during World Investor Week 2022
The Securities and Exchange Commission today announced that it will highlight the importance of long-term planning and investor resilience during World Investor Week (WIW) 2022, which takes place October 3-9. Planning for life’s unexpected…

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Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
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Barclays Agrees to a $361 Million Settlement to Resolve SEC Charges Relating to Over-Issuances of Securities


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Barclays Agrees to a $361 Million Settlement to Resolve SEC Charges Relating to Over-Issuances of Securities
The Securities and Exchange Commission today charged Barclays PLC and Barclays Bank PLC (BBPLC) in connection with the unregistered offer and sale of an unprecedented amount of securities due to a failure to implement any internal control to track such…

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Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
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SEC Charges Audit Firm RSM and Three Senior-Level Employees with Failure to Properly Conduct Client Audits


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SEC Charges Audit Firm RSM and Three Senior-Level Employees with Failure to Properly Conduct Client Audits
The Securities and Exchange Commission today charged audit firm RSM US LLP and three senior-level employees with improper professional conduct for failing to properly audit Revolution Lighting Technologies Inc.’s (“Revolution”) financial statements over…

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Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
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SEC Charges Eight in Scheme to Fraudulently Promote Securities Offerings


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SEC Charges Eight in Scheme to Fraudulently Promote Securities Offerings
The Securities and Exchange Commission today announced charges against six individuals and two companies for their involvement in a fraudulent scheme to promote the securities of issuers that were conducting (or purporting to conduct) offerings pursuant…

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Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
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SEC Charges Two Canadian Software Engineers with Insider Trading


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SEC Charges Two Canadian Software Engineers with Insider Trading
The Securities and Exchange Commission today announced insider trading charges against two Canadian software engineers who made $1.6 million by trading ahead of non-public, market-moving financial information. According to the SEC’s complaint, from at…

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Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
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