Representation of Investors in EminiFX

Posted on by

According to the US Attorney for the Southern District of New York, and the Commodity Futures Trading Commission, Eddy Alexandre the leader of a purported cryptocurrency and forex trading platform called EminiFX, has been charged with commodities fraud and wire fraud offenses.  

The CFTC also obtained an order from the Court appointing a receive to collect and manage the assets of EminiFX.

Sallah Astarita & Cox, LLC has been contacted by EminiFX investors and is reviewing the matter on their behalf.

The goverment alleges that Alexandre solicited more than $59 million in investments from hundreds of individual investors after making false representations in connection with the EminiFX trading platform.  

The US Attorney’s office issued a press release regarding the arrest.

If you were an investor in EminiFX and wish to discuss the matter, please email your contact information to their  EminiFX Investor team at info@eminifx-investors.com

SEC Charges Allianz Global Investors and Three Former Senior Portfolio Managers with Multibillion Dollar Securities Fraud

Posted on by

The Securities and Exchange Commission (SEC) today charged Allianz Global Investors U.S. LLC (AGI US) and three former senior portfolio managers with a massive fraudulent scheme that concealed the immense downside risks of a complex options trading…

Read the Full Press Release

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

Work-from-home stocks are getting crushed

Posted on by
News from CNN.com
News: What you need to know about the markets
 
 
Work-from-home stocks are getting crushed
You remember the early days of the pandemic, when millions of office workers started doing their jobs from home for the first time. Read more »
 
Here’s what’s getting more expensive at the grocery store
Inflation may be slowing just a bit, but food prices are on fire. Read more »
 
Tesla’s stock slide raises doubts about Elon Musk’s Twitter purchase
Elon Musk’s bold plan to buy Twitter depends partly on how his investment in Tesla is doing. Uh-oh. Read more »
 
Here’s what to do if you have a loss on an investment
When it comes to your investments, these are the days to make some lemonade. Read more »
 
Bitcoin crash is crushing Coinbase. Stock plunges again
The bitcoin crash is hitting Coinbase really, really hard. Read more »
 
Best Buy has a new strategy to win bargain hunters
Prices are surging, and Best Buy has a plan to draw in shoppers hunting for deals on TVs and laptops: more outlet stores. Read more »
 
 
 
                                                 

SEC Extends Comment Period for Proposed Rules on Climate-Related Disclosures, Reopens Comment Periods for Proposed Rules Regarding Private Fund Advisers and Regulation ATS

Posted on by

The Securities and Exchange Commission today announced that it has extended the public comment period on the proposed rulemaking to enhance and standardize climate-related disclosures for investors until June 17, 2022. The SEC also announced that it will…

Read the Full Press Release

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

SEC Charges NVIDIA Corporation with Inadequate Disclosures about Impact of Cryptomining

Posted on by

The Securities and Exchange Commission today announced settled charges against technology company NVIDIA Corporation for inadequate disclosures concerning the impact of cryptomining on the company’s gaming business. The SEC’s order finds that, during…

Read the Full Press Release

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

SEC Halts Fraudulent Cryptomining and Trading Scheme

Posted on by

The Securities and Exchange Commission today announced fraud charges against MCC International Corp. (MCC), which does business as Mining Capital Coin Corp., its founders Luiz Carlos Capuci, Jr. (aka Junior Caputti or Capuci) and Emerson Souza Pires (…

Read the Full Press Release

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

SEC Issues Nearly $3.5 Million Award to Four Whistleblowers

Posted on by

The Securities and Exchange Commission today announced a total award of nearly $3.5 million to four whistleblowers who provided information and assistance in a single covered action. Three joint whistleblowers provided Commission staff with information…

Read the Full Press Release

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

SEC Charges CEO and President of Synergy Settlement Services with Fraudulent Operation of Special Needs Pooled Trusts

Posted on by

The Securities and Exchange Commission today announced fraud charges against Synergy Settlement Services, Inc., CEO Jason D. Lazarus, Esq., both based in Orlando, FL, and President Anthony F. Prieto, Jr. of Tampa, FL, for allegedly defrauding individuals…

Read the Full Press Release

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

OMWI Reports Highlight Progress in Diversity, Equity and Inclusion

Posted on by

As part of its continuing efforts to educate regulated entities on the benefits and importance of sharing self-assessments of their diversity policies and practices, the Securities and Exchange Commission (SEC) published a Diversity Assessment Report…

Read the Full Press Release

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

SEC Nearly Doubles Size of Enforcement’s Crypto Assets and Cyber Unit

Posted on by

The Securities and Exchange Commission today announced the allocation of 20 additional positions to the unit responsible for protecting investors in crypto markets and from cyber-related threats. The newly renamed Crypto Assets and Cyber Unit (formerly…

Read the Full Press Release

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