Securities Law

David Sheldon Wells

September 21, 2022

SEC Charges Former Registered Investment Advisor Representative with Securities Fraud Read the full report at Read More

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SEC Charges Cheetah Mobile’s CEO and its Former President with Insider Trading

September 21, 2022

The Securities and Exchange Commission today charged the CEO of Cheetah Mobile Inc. and the company’s former President with insider trading for selling Cheetah Mobile’s securities, pursuant to a purported 10b5-1 trading plan, while in possession of… Full report at: Read More

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John P. Mendes, et al.

September 20, 2022

SEC Charges Securities Professional and Former Corporate Insider with Insider Trading Read the full report at Read More

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Morgan Stanley Smith Barney to Pay $35 Million for Extensive Failures to Safeguard Personal Information of Millions of Customers

September 20, 2022

The Securities and Exchange Commission today announced charges against Morgan Stanley Smith Barney LLC (MSSB) stemming from the firm’s extensive failures, over a five-year period, to protect the personal identifying information, or PII, of approximately… Full report at: Read More

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Aaron B. Fletcher, et al.

September 19, 2022

SEC Obtains Final Judgment Against Municipal Advisor and Its Owner in Municipal Bond Offering Schemes Read the full report at Read More

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Sparkster to Pay $35 Million to Harmed Investor Fund for Unregistered Crypto Asset Offering

September 19, 2022

The Securities and Exchange Commission today issued a cease-and-desist order against Sparkster Ltd. and its CEO, Sajjad Daya, for the unregistered offer and sale of crypto asset securities from April 2018 through July 2018 and charged crypto influencer… Full report at: Read More

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SEC Investor Advisory Committee to Discuss Human Capital Labor Valuation, Security-Based Swaps, Beneficial Ownership, and ESG Disclosure on Sept. 21

September 19, 2022

The Securities and Exchange Commission’s Investor Advisory Committee will hold a virtual public meeting on September 21 at 10 a.m. ET. The meeting will be webcast on the SEC website. The committee will host four panels to discuss: Human… Full report at: Read More

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Office of the Investor Advocate Releases Research Study on Fund Performance Benchmarks

September 19, 2022

Researchers from the SEC’s Office of the Investor Advocate (OIAD) released an independent research study examining the impact of mutual fund performance benchmarks on investor decision-making, and potential strategic behavior by firms in displaying… Full report at: Read More

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Nutra Pharma Corp. et al

September 16, 2022

SEC Obtains Partial Summary Judgment Against Microcap Issuer and Its CEO Read the full report at Read More

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SEC Charges Gol Intelligent Airlines, Brazil’s Second Largest Airline, with FCPA Violations

September 15, 2022

The Securities and Exchange Commission today charged Brazil’s second largest domestic airline, GOL Linhas Aéreas Inteligentes, for violating the Foreign Corrupt Practices Act (FCPA). The São Paulo-based company, also known as Gol Intelligent Airlines,… Full report at: Read More

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