Securities Lawyer 101 l Brenda Hamilton

Securities Lawyer 101 l Brenda Hamilton

Friday, May 25, 2018

Capital Cove Bancorp LLC and Christopher Lee aka Rashid Khalfani Charged with Defrauding Investors to Pay Over $3.8 Million


On April 11, 2018, a federal district court has ordered Christopher Lee aka Rashid Khalfani, whom the Securities and Exchange Commission charged in 2015 with pocketing money raised from investors, to pay over $3.8 million in disgorgement and civil pe...
https://www.securitieslawyer101.com/?p=37293

Tuesday, May 22, 2018

SEC Charges Saverio Barbera with Insider Trading


On April 5, 2018, the Securities and Exchange Commission charged Saverio Barbera with tipping his brother and father with material nonpublic information about an upcoming corporate acquisition. The SEC's complaint, filed in the United States Distr...
https://www.securitieslawyer101.com/?p=37298

Sunday, May 20, 2018

SEC Obtains Final Judgment Against Merrill Robertson Charged With Running $10 Million Fraud


On April 5, 2018, a federal district court in Richmond, Virginia has entered a final judgment against Merrill Robertson, Jr., a former football player charged by the Securities and Exchange Commission with defrauding investors, including coaches he...
https://www.securitieslawyer101.com/?p=37300

Friday, May 18, 2018

SEC Charges John Jumper with Stealing Millions from a Pension Plan


On April 18, 2018 the Securities and Exchange Commission charged John Jumper with stealing approximately $5.7 million from a Pennsylvania company's pension plan. According to the SEC's complaint filed in federal court in Memphis, Tennessee, on thr...
https://www.securitieslawyer101.com/?p=37287

Wednesday, May 16, 2018

Shane Fleming Charged with Insider Trading


On September 29, 2017, the Securities and Exchange Commission charged Shane Fleming, a middleman tipper, and six traders with insider trading ahead of the announcement that the company would be purchased and taken private. In a complaint filed in ...
https://www.securitieslawyer101.com/?p=37310

Monday, May 14, 2018

SEC Charges Michael Scronic with Engaging in Ponzi-like Scheme


On April 4, 2018, the Securities and Exchange Commission charged Michael Scronic with fraud stemming from lies to retail investors about the value of their investments in a Ponzi-like scheme. The SEC alleges that, starting in approximately 2010, M...
https://www.securitieslawyer101.com/?p=37313

Saturday, May 12, 2018

SEC Charges Michael Liberty with Fraudulent Scheme to Defraud Investors and Misappropriate Funds


On April 4, 2018, the Securities and Exchange Commission has charged Michael Liberty, the founder of the fintech startup now known as Mozido, Inc., with a fraudulent scheme to trick hundreds of investors into investing in his shell companies instea...
https://www.securitieslawyer101.com/?p=37317

Thursday, May 10, 2018

Operation Shell Expel in Retrospect


      When Jay Clayton was sworn in as Chairman of the Securities and Exchange Commission (SEC) in May 2017, he was perceived as a business-friendly choice.  While he is indeed committed to creating new opportunities for ...
https://www.securitieslawyer101.com/2018/operation-shell-expel-in-retrospect/