Securities Law

SEC Charges Man for Defrauding Investors out of Millions of Dollars by Posing as Hedge Fund Billionaire

September 29, 2022

The Securities and Exchange Commission today charged Justin Costello for using a false persona, as a Harvard-educated military veteran and hedge fund billionaire, to defraud investors out of millions of dollars. The SEC also charged Costello and David… Full report at: Read More

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SEC Monitoring Impact of Hurricanes Ian and Fiona on Capital Markets

September 29, 2022

SEC Chair Gary Gensler has directed the staff to carefully monitor developments as a result of Hurricanes Ian and Fiona. While the safety of local residents is the highest priority, the SEC invites inquiries from any person with obligations under the… Full report at: Read More

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Deloitte’s Chinese Affiliate to Pay $20 Million Penalty for Asking Audit Clients to Conduct Their Own Audit Work

September 29, 2022

The Securities and Exchange Commission today charged Deloitte Touche Tohmatsu Certified Public Accountants LLP (Deloitte-China), the Chinese affiliate of the Deloitte global network of accounting firms, with failing to comply with fundamental U.S.… Full report at: Read More

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SEC Charges The Hydrogen Technology Corp. and its Former CEO for Market Manipulation of Crypto Asset Securities

September 28, 2022

The Securities and Exchange Commission today announced charges against The Hydrogen Technology Corporation, its former CEO, Michael Ross Kane, and Tyler Ostern, the CEO of Moonwalkers Trading Limited, a self-described “market making” firm, for their… Full report at: Read More

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Joshua Rupp

September 28, 2022

Engaged in Fraudulent Scheme Read the full report at Read More

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Premium Point Investments LP et al.

September 28, 2022

SEC Obtains Judgments and Bar Against Former Hedge Fund CEO Related to Hedge Fund Valuation Scheme Read the full report at Read More

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Christian J. Gonzalez

September 27, 2022

SEC Charges Purported Underwriter for His Role in Alleged Ponzi Scheme Read the full report at Read More

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SEC Charges 16 Wall Street Firms with Widespread Recordkeeping Failures

September 27, 2022

The Securities and Exchange Commission today announced charges against 15 broker-dealers and one affiliated investment adviser for widespread and longstanding failures by the firms and their employees to maintain and preserve electronic communications.… Full report at: Read More

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Kendricks, et al., Mark Wayne Ramsey

September 27, 2022

SEC Settles Insider Trading Charges Against Former Investment Banking Analyst and Associate of Former Nfl Player Read the full report at Read More

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SEC Charges Oracle a Second Time for Violations of the Foreign Corrupt Practices Act

September 27, 2022

The Securities and Exchange Commission announced settled charges requiring Oracle Corporation to pay more than $23 million to resolve charges that it violated provisions of the Foreign Corrupt Practices Act (FCPA) when subsidiaries in Turkey, the United… Full report at: Read More

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