Articles Posted in SEC Enforcement Actions 2015

Concealing Poor Performance of Fund Assets – South Florida Securities and Investment Mismanagement Attorney SEC Announces Fraud Charges Against Investment Adviser Accused of Concealing Poor Performance of Fund Assets From Investors The Securities and Exchange Commission recently announced fraud charges against an investment adviser and her New York-based firms accused of hiding the poor performance…

Underwriter Due Diligence – Fact or Fiction – Boca Raton, Florida Fraudulent Underwriting Attorney Securities and Exchange Commission v. Macquarie Capital (USA) Inc. et al., Civil Action No. 15-CV-02304 SEC Charges New York-Based Brokerage Firm with Faulty Underwriting of Public Offering by China-Based Company The Securities and Exchange Commission recently announced charges against a New…

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…

Securities and Exchange Commission v. Caledonian Bank Ltd., et al., Civil Action No. 15-CV-00894 The Securities and Exchange Commission has charged five offshore entities with offering and selling unregistered penny stocks into the public markets. According to the SEC’s complaint filed on February 6, 2015, Cayman Islands-based, Caledonian Bank Ltd. and Caledonian Securities Ltd., Belize-based,…

South Florida Investment Fraud and Misrepresentation Litigation and Arbitration Attorney: SEC Charges Oppenheimer With Securities Law Violations Related to Improper Penny Stock Sales The Securities and Exchange Commission recently charged Oppenheimer & Co. with violating federal securities laws while improperly selling penny stocks in unregistered offerings on behalf of customers. Oppenheimer agreed to admit wrongdoing…

Boca Raton, Florida Securities and Investment Fund Fraud and Misrepresentation Litigation and Arbitration Attorney: Securities and Exchange Commission v. Frederic Elm f/k/a Frederic Elmaleh, et al., Case No. 15-cv-60082-DIMITROULEAS/SNOW SEC Charges Investment Adviser and Manager in South Florida-Based Fraud The Securities and Exchange Commission recently announced fraud charges and an asset freeze against a Fort…