Articles Posted in Penny Stock Fraud

Securities and Exchange Commission v. 8000, Inc., Jonathan E. Bryant, Thomas J. Kelly, and Carl N. Duncan, Esq., Civil Action No. 12-CV-7261 (S.D.N.Y.) September, 2012: SEC Charges Company and its Two Principals and Attorney in Stock Manipulation Scheme The Securities and Exchange Commission recently announced the filing of an eforcement action, in federal court in…

SEC v. Rudolf D. Pameijer, et al., United States District Court for the Southern District of Indiana (Case No. 1:12-CV-01364) (S.D. In.) September, 2012: SEC CHARGES FOUR DEFENDANTS IN FRAUDULENT INVESTMENT SCHEME The Securities and Exchange Commission recently announced that it filed a complaint in the United States District Court for the Southern District of…

Securities and Exchange Commission v. Wwebnet, Inc. and Robert L. Kelly, Civil Action No. 12-CV-6581 (S.D.N.Y. August 28, 2012) August, 2012: Recently, the Securities and Exchange Commission filed a civil action in the United States District Court for the Southern District of New York charging Wwebnet, Inc. (Wwebnet) and its chief executive officer, Robert L.…

SEC Charges New York-Based Firm and Owner in Penny Stock Scheme August, 2912: The penny stock plague never goes away. It just changes its form. In another twist, the the Securities and Exchange Commission recently charged a New York-based firm and its owner with conducting a penny stock scheme in which they bought billions of…

Securities and Exchange Commission v. Thomas D. Coldicutt, Jr., et al., Case No. 4:12-CV-00505 (E.D.Tex.) (filed August 13, 2012) SEC Charges Six Individuals in $6 Million “Shell-Factory” Scheme Recently, the SEC filed suit in the United States District Court for the Eastern District of Texas against Thomas D. Coldicutt, Jr., Elizabeth L. Coldicutt, Robert C.…

Securities and Exchange Commission v. Ronald Feldstein, Civil Action No. 12 Civ. 5751 (S.D.N.Y.) July, 2012: SEC CHARGES AIDER AND ABETTOR OF PENNY STOCK COMPANY’S DISCLOSURE OF FAKE INVESTMENT The Securities and Exchange Commission recently filed a complaint in the United States District Court for the Southern District of New York alleging that Ronald Feldstein…

SEC v. Dynkowski, et al., Civil Action No. 1:09-361 (D. Del.) July, 2012: Defendant Matthew Brown Settles Penny Stock Manipulation Charges The Securities and Exchange Commission recently announced that Chief Judge Gregory M. Sleet of the United States District Court for the District of Delaware entered a final judgment against Defendant Matthew W. Brown on…

Securities and Exchange Commission v. Jerry S. Williams, Monk’s Den, LLC, and First In Awareness, LLC, 3:12-cv-01068 (District of Connecticut, Complaint filed July 20, 2012) July, 2012 SEC CHARGES STOCK PROMOTER IN INTERNET-BASED SCALPING SCHEME. The Securities and Exchange Commission recently announced that on July 20, 2012, it filed a civil fraud action against former…

Securities Fraud and Mismanagement Litigation, and FINRA Arbitration Lawyer, Russell L. Forkey, Esq. SEC v. Brian Gibson, Civil Action No. 0:11-cv-61458-WPD (U.S. District Court for the Southern District of Florida) SEC v. Douglas Newton and Real American Brands, Inc., n/k/a Real American Capital Corp., Civil Action No. 0:11-cv-61455-WJZ (U.S. District Court for the Southern District…