Securities Law

SEC Charges Advisory Firm Bruderman Asset Management and its Principal for Failing to Disclose Misuse of Investment Funds

September 26, 2023

The Securities and Exchange Commission today announced that New York-based Bruderman Asset Management LLC (BAM) and its principal, Matthew J. Bruderman, agreed to settle charges related to their failure to disclose the misuse of proceeds raised from… Full report at: Read More

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Stephen L. Bailey, Sapphire Exploration LLC, and Harris Exploration Inc.

September 25, 2023

Stephen L. Bailey, Sapphire Exploration LLC, and Harris Exploration Inc. Read the full report at Read More

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SEC Charges Cash Flow King Podcast Host with Perpetrating $11 Million Ponzi Scheme

September 25, 2023

The Securities and Exchange Commission today charged Matthew Motil, host of the podcast, “The Cash Flow King,” for fraudulently raising approximately $11 million from more than 50 investors in a Ponzi scheme involving notes that were purportedly backed… Full report at: Read More

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Michael Caridi

September 25, 2023

Michael Caridi Read the full report at Read More

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SEC Charges GTT Communications for Disclosure Failures

September 25, 2023

The Securities and Exchange Commission today charged GTT Communications, Inc. with failing to disclose material information about unsupported adjustments the company made in several Commission filings, which increased GTT’s reported operating income by… Full report at: Read More

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Nathalia I. Burgos, Christian A. Cuesta, Steven A. Fernandez et. al.

September 22, 2023

Nathalia I. Burgos, Christian A. Cuesta, Steven A. Fernandez et. al. Read the full report at Read More

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SEC Charges Private Equity Fund Adviser American Infrastructure Funds for Breaching Its Duties

September 22, 2023

The Securities and Exchange Commission today announced that American Infrastructure Funds LLC (AIM), a Foster City, California-based registered investment adviser to private funds, agreed to pay more than $1.6 million to settle charges resulting from its… Full report at: Read More

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J.H. Darbie & Co., Inc.

September 22, 2023

J.H. Darbie & Co., Inc. Read the full report at Read More

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SEC Charges Citadel Securities for Violating Order Marking Requirements of Short Sale Regulations

September 22, 2023

The Securities and Exchange Commission today announced settled charges against broker-dealer Citadel Securities LLC for violating a provision of Regulation SHO, the regulatory framework designed to address abusive short selling practices, which requires… Full report at: Read More

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Jonathan Becker

September 21, 2023

Jonathan Becker Read the full report at Read More

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