Articles Posted in Penny Stock Fraud

Securities and Exchange Commission v. Douglas Roe and Donald Lindo, Case No. 8:17-cv-01293-TDC (D.Md., filed May 11, 2017) The Securities and Exchange Commission recently announced charges against two individuals involved in a fraudulent scheme to offer for sale a penny stock by filing false and misleading registration statements with the Commission. According to the SEC’s…

Boca Raton Florida Penny Stock Fraud and Misrepresentation Litigation and Arbitration Attorney Securities and Exchange Commission v. Fortitude Group, Inc., et al., Civil Action No. 1:16-cv-00050-SPB (W.D. Pa. filed Feb. 29, 2016) Securities and Exchange Commission v. Strategic Global Investments, Inc., et al., Civil Action No. 3:16-cv-00514-H-JLB (S.D. Ca. filed Feb. 29, 2016). SEC Charges…

Guy Gentile – Boca Raton, Florida Penny Common Stock Fraud Litigation and Arbitration Attorney Securities and Exchange Commission v. Guy Gentile, Civil Action No. 16-CV-1619 (JLL) (D.N.J.) SEC Charges New York Man with Conducting Penny Stock Manipulation Schemes On March 23, 2016, the Securities and Exchange Commission charged Guy Gentile, a resident of Putnam Valley,…

Shane Whittle – Boca Raton, Florida Fraudulent Promotion and Micro-Cap Stock Litigation Attorney: The Securities and Exchange Commission (SEC) recently announced fraud charges against several alleged perpetrators behind a $78 million pump-and-dump scheme involving the stock of Jammin’ Java, a company that operates as Marley Coffee and uses trademarks of late reggae artist Bob Marley…

Adam S. Gottbetter – South Florida Securities, Investment and Commercial Litigation Attorney SEC Charges New York Lawyer and Two Promoters With Market Manipulation The Securities and Exchange Commission recently announced fraud charges against a securities lawyer who used his New York law office as the headquarters for planning and implementing market manipulation schemes. Also charged…

South Florida, including Boca Raton, West Palm Beach and Royal Palm Beach Microcap Investment and Security Fraud and Misrepresentation Litigation Attorney Securities and Exchange Commission v. David Carven et. a. Civil Action No. 15-cv-1820 (S.D.N.Y.) SEC Files Emergency Action Against Father and Son Behind Pump and Dump Scheme, Obtains Asset Freeze The U.S. Securities and…

Fraudulent News Letters Used In Pump-and-Dump Schemes – Boca Raton, Florida Investment and Penny Stock Litigation Attorney SEC Charges Three Penny Stock Promoters Behind Pump-and-Dump Schemes The Securities and Exchange Commission recently charged three penny stock promoters with conducting pump-and-dump schemes involving stocks they were touting in their supposedly independent newsletters. The SEC alleges that…

False and Misleading Press Releases and Marketing Material (Pump and Dump) – Boca Raton, Florida FINRA Arbitration and Litigation Attorney SEC Charges Penny Stock Company Executives in New Jersey With Issuing False Press Releases to Inflate Stock Price The Securities and Exchange Commission recently charged father-and-son executives at a New Jersey-based penny stock company for…

Patrick G. Rooney, John R. Rooney and Positron Corporation – Boca Raton, Florida Market Manipulation and Investment Fraud Litigation and Arbitration Attorney SEC v. Patrick G. Rooney, John R. Rooney, and Positron Corporation, Civil Action No. 9:14-cv-81224-KAM (U.S. District Court for the Southern District of Florida) The Securities and Exchange Commission announced that on September…

Microcap and Penny Stock Market Manipulation and Fraud – Boca Raton, Fort Lauderdale and West Palm Beach, Florida State and Federal Court Litigation Attorney: SEC Charges Eight for Roles in Widespread Pump-and-Dump Scheme Involving California-Based Microcap Company The Securities and Exchange Commission recently charged a ring of eight individuals for their roles in an alleged…