Securities Lawyer 101 l Brenda Hamilton

Securities Lawyer 101 l Brenda Hamilton

Monday, June 30, 2014

Officer and Director Disclosures of Legal Proceedings


Securities Lawyer 101 Blog The securities laws require that public companies provide disclosure about the backgrounds of its officers and directors and describe certain material information that is “material to an evaluation of the ability or in...
http://www.securitieslawyer101.com/officer-director-disclosures/

Securities Lawyers Gone Wild – Marcus Luna


Going Public Lawyer On June 27, 2014, the U.S. District Court of Nevada issued an order imposing sanctions against a securities attorney, Marcus Luna, three other individuals Nathan Montgomery, Adam Daskivich, and David Murtha and their businesses for their roles in a multi-million dollar scheme.  According to the SEC, the defendant sold shares of Axis Technologies Group, Inc. stock in a... Read More Going Public Lawyer
http://www.securitieslawyer101.com/securities-lawyer-luna/

SEC Seeks to Reduce Gobbly Gook Disclosures By: Securities Lawyer 101


Securities Lawyer 101 Blog This month, the Securities and Exchange Commission (the “SEC”) provided guidance related to the enhanced mutual fund disclosure amendments it adopted in 2009. The SEC’s guidance is based on comments the staff of ...
http://www.securitieslawyer101.com/securities-lawyer-disclosure/

Securities Lawyers Gone Wild - Marcus Luna


On June 27, 2014, the U.S. District Court of Nevada issued an order imposing sanctions against a securities attorney, Marcus Luna, three other individuals - Nathan Montgomery, Adam Daskivich, and David Murtha - and their businesses for their roles in...
http://www.securitieslawyer101.com/securities-lawyer-luna/

Selling Stockholder Disclosures in Form S-1


Securities Lawyer 101 Blog Companies going public have a variety of structures for their transactions. Companies can go public using an initial public or direct public offering.  They can obtain their shareholders by selling stock in an initial pub...
http://www.securitieslawyer101.com/form-s-1-disclosure/

Court Enters Judgments Against AutoChina International Limited and Hui Kai Yan


Securities Lawyer 101 Blog On June 25, 2014, the Securities and Exchange Commission (the "SEC") a Massachusetts federal court entered final judgments against China-based AutoChina International Limited and its senior executive Hui Kai Yan, defendant...
http://www.securitieslawyer101.com/autochina/

SEC Charges 3 Regions Bank Executives


Securities Lawyer 101 Blog On June 25, 2014, the Securities and Exchange Commission (the "SEC") announced fraud charges against three former senior managers of Regions Bank for intentionally misclassifying loans that should have been recorded as...
http://www.securitieslawyer101.com/regions-bank/

Sunday, June 29, 2014

The Role of the Direct Public Offering Attorney


Securities Lawyer 101 Blog The direct public offering ("Direct Public Offering") has become the premier method used in going public transactions. A skilled Direct Public Offering attorney can guide a private company through the Direct Public Offeri...
http://www.securitieslawyer101.com/direct-public-offering-attorney/

Being Publicly Traded By: The Going Public Lawyers


Securities Lawyer 101 Blog After an issuer completes its going public transaction, an issuer that has filed a registration statement for an initial or direct public offering under the Securities Act of 1933, as amended (the “Securities Act”) m...
http://www.securitieslawyer101.com/publicly-traded/

The Role of the Direct Public Offering Attorney


Securities Lawyer 101 Blog The direct public offering ("Direct Public Offering") has become the premier method used in going public transactions. A skilled Direct Public Offering attorney can guide a private company through the Direct Public Offeri...
http://www.securitieslawyer101.com/direct-public-offering-attorney/

Item 502 of Regulation S-K


Going Public Lawyer Item 502 Inside Front and Outside Back Cover Pages of Prospectus The registrant must furnish this information in plain English. See Rule 421(d) of Regulation C. Table of contents. On either the inside front or outside back cover page of the prospectus, provide a reasonably detailed table of contents. It must show the page number of the various sections... Read More Going Public Lawyer
http://www.securitieslawyer101.com/item-502-s-k/

Regulation S-K Item 503


Going Public Lawyer Regulation S-K Item 503 Prospectus Summary, Risk Factors, and Ratio of Earnings to Fixed Charges The registrant must furnish this information in plain English. See Rule 421(d) of Regulation C of this chapter. Prospectus summary. Provide a summary of the information in the prospectus where the length or complexity of the prospectus makes a summary useful. The summary should... Read More Going Public Lawyer
http://www.securitieslawyer101.com/s-k-item-503/

Transparency in Direct Public Offerings


Going Public Lawyer
http://www.securitieslawyer101.com/direct-public-offerings-disclosure/

Regulation S-K Item 504 Use of Offering Proceeds


Going Public Lawyer Item 504 Use of Proceeds State the principal purposes for which the net proceeds to the registrant from the securities to be offered are intended to be used and the approximate amount intended to be used for each such purpose. Where registrant has no current specific plan for the proceeds, or a significant portion thereof, the registrant shall so... Read More Going Public Lawyer
http://www.securitieslawyer101.com/regulation-s-k-item-504/

Regulation S-K Item 505 Offering Price


Going Public Lawyer Regulation S-K Item 505 Determination of Offering Price
http://www.securitieslawyer101.com/s-k-item-505/

Regulation S-K Item 507


Going Public Lawyer Regulation S-K Item 507 Selling Security Holders If any of the securities to be registered are to be offered for the account of security holders, name each such security holder, indicate the nature of any position, office, or other material relationship which the selling security holder has had within the past three years with the registrant or any of... Read More Going Public Lawyer
http://www.securitieslawyer101.com/s-k-item-507/

Regulation S-K Item 508 — Plan of Distribution


Going Public Lawyer Regulation S-K Item 508 Plan of Distribution
http://www.securitieslawyer101.com/s-k-item-508/

Regulation S-K Item 202 Description of Securities


Going Public Lawyer Regulation S-K Item 202 -Description of Registrant s Securities
http://www.securitieslawyer101.com/s-k-item-202/

How Small Is a Smaller Reporting Company?


Going Public Lawyer Securities Lawyer 101 Blog The Securities and Exchange Commission (the SEC ) adopted a system of disclosure rules for issuers who fall into the category of a smaller reporting company.   The “smaller reporting company” category includes generally, companies that enter the SEC reporting system with less than $75 million in common equity public float.  Companies that are unable to calculate... Read More Going Public Lawyer
http://www.securitieslawyer101.com/smaller-reporting-company/

SEC Disclosures in Direct Public Offerings


Securities Lawyer 101 Blog SEC Disclosures in Direct Public Offerings A common method of going public has become the direct public offering (“Direct Public Offering” or “DPO”).  Private companies are often unfamiliar with the registrat...
http://www.securitieslawyer101.com/direct-public-offerings-disclosure/

Item 404 of Regulation S-K


Going Public Lawyer
http://www.securitieslawyer101.com/item-404-s-k/

Regulation C of the Rules and Regulations of the Securities Act of 1933


Going Public Lawyer Regulation C contains the Plain English requirements for SEC filings. For investors to make informed decisions, disclosure documents must impart complex information. Using plain English assures the orderly and clear presentation of complex information so that investors have the best possible chance of understanding the disclosures provided by public companies. Plain English means analyzing and deciding what information investors need... Read More Going Public Lawyer
http://www.securitieslawyer101.com/regulation-c/

Item 501 of Regulation S-K


Going Public Lawyer Item 501 Forepart of the Form S-1 Registration Statement and Outside Front Cover Page of Prospectus The registrant must furnish the following information in plain English. See Rule 421(d) of Regulation C under the Securities Act. Front cover page of the registration statement. Where appropriate, include the delaying amendment legend from Rule 473 of Regulation C under the Securities... Read More Going Public Lawyer
http://www.securitieslawyer101.com/item-501-s-k/

Registration Statements on Form S-1 General Instructions


Going Public Lawyer Form S-1 general instructions are found in the front of the form.  The Form S-1 general instructions provide guidance about preparing and filing the registration statement.    It is important that issuers follow these general instructions to ensure a smooth going public transaction. This will help ensure timely effectiveness of the Form S-1. FORM S-1 GENERAL INSTRUCTIONS I.Eligibility Requirements for Use... Read More Going Public Lawyer
http://www.securitieslawyer101.com/form-s-1-general-instructions/

SEC Disclosures in Direct Public Offerings


Going Public Lawyer Securities Lawyer 101 Blog SEC Disclosures in Direct Public Offerings A common method of going public has become the direct public offering (“Direct Public Offering” or “DPO”).  Private companies are often unfamiliar with the registration statement process and disclosures required for registered Direct Public Offerings.  This blog post discusses the disclosures required by smaller reporting companies who conduct registered direct... Read More Going Public Lawyer
http://www.securitieslawyer101.com/direct-public-offerings-disclosure/

Saturday, June 28, 2014

Stockholder Disclosures in Form S-1 Registration Statements


Securities Lawyer 101 Blog Companies going public have a variety of structures for their transactions. Companies can go public using an initial public or direct public offering. They can obtain their shareholders by selling stock in an initial pub...
http://www.securitieslawyer101.com/form-s-1-registration-statements/

The Role of the Direct Public Offering Attorney


Securities Lawyer 101 Blog The direct public offering ("Direct Public Offering") has become the premier method used in going public transactions. A skilled Direct Public Offering attorney can guide a private company through the Direct Public Offeri...
http://www.securitieslawyer101.com/direct-public-offering-attorney/

FINRA Bars Success Trade Securities By: Brenda Hamilton Attorney


Securities Lawyer 101 Blog This month Success Trade Securities was ordered to pay $13.7 million in restitution and expelled by a Financial Industry Regulatory Authority (“FINRA”) hearing panel. Success Trade Securities allegedly  ran a Ponzi sc...
http://www.securitieslawyer101.com/success-trade/

FINRA Bars Success Trade Securities By: Brenda Hamilton Attorney


Securities Lawyer 101 Blog This month Success Trade Securities was ordered to pay $13.7 million in restitution and expelled by a Financial Industry Regulatory Authority (“FINRA”) hearing panel. Success Trade Securities allegedly  ran a Ponzi sc...
http://www.securitieslawyer101.com/success-trade/

SEC Seeks to Reduce Gobbly Gook Disclosures in Form N-1A


Securities Lawyer 101 Blog This month, the Securities and Exchange Commission (the “SEC”) provided guidance related to the enhanced mutual fund disclosure amendments it adopted in 2009. The SEC’s guidance is based on comments the staff of ...
http://www.securitieslawyer101.com/form-n-1a/

Wednesday, June 25, 2014

Transparency Bootcamp – Custodianship Disclosures In Reverse Merger Transactions


Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney Securities Lawyer 101 Blog Recently custodianship and/or receivership proceedings involving publicly traded companies have been in the spotlight because of the increasing number of fraudsters seeking these appointments so that they can create their own personal inventory of public shell companies for reverse merger transactions.  Because custodians are fiduciaries all states impose disclosure obligations on any person seeking appointment as... Read More Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney
http://www.securitieslawyer101.com/custodians-reverse-merger/

Transparency Bootcamp - Custodians In Reverse Merger Transactions


Securities Lawyer 101 Blog Recently custodianship and/or receivership proceedings involving publicly traded companies have been in the spotlight because of the increasing number of fraudsters seeking these appointments so that they can create their ...
http://www.securitieslawyer101.com/custodians-reverse-merger/

Monday, June 23, 2014

Transparency Bootcamp – BrokerCheck 101 By: Brenda Hamilton Attorney


Securities Lawyer 101 Blog Any investor seeking to find out information about a penny stock should begin by investigating management, brokers and the promoters involved with the issuer.  FINRA BrokerCheck provides a free online database about broke...
http://www.securitieslawyer101.com/brokercheck/

SEC Extends DTC Proposal Period By: Brenda Hamilton


Securities Lawyer 101 Blog On December 5, 2013, The Depository Trust Company (“DTC”) submitted proposals to change SR-DTC-2013-11 (“Proposed Rules”) pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Exchange Act”) and...
http://www.securitieslawyer101.com/dtc-proposal/

Friday, June 20, 2014

Rule 15c2-11 Disclosure Requirements l Going Public Attorney l Securities Lawyer 101


Posted by Securities Lawyer 101 - Going Public Attorneys Rule 15c2-11 under the Securities and Exchange Act of 1934 (Exchange Act) governs the submission and publication of quotations by brokers and dealers for OTC equity securities. Specifically, t...
http://www.securitieslawyer101.com/going-public-attorney/

Sunday, June 15, 2014

How the Rule 506 Bad Actor Rules Impact Stock Promoters


Securities Lawyer 101 Blog The bad actor rules adopted by the Securities and Exchange Commission ("SEC") for Rule 506 offerings create disclosure obligations for issuers using the services of stock promoters with triggering events often present in r...
http://www.securitieslawyer101.com/stock-promoters/

The Going Public Lawyer’s Due Diligence Review


Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney The securities laws require companies to disclose a myriad of facts during the going public process.  These expansive disclosure requirements apply to private companies going public.  During the going public process, companies must generally disclose information about their financial condition, business plan and operations, material risks, management, litigation and stockholders, in addition to how many shares will be offered and at the offering... Read More Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney
http://www.securitieslawyer101.com/going-public-lawyer/

The Going Public Lawyer's Due Diligence Review


The securities laws require companies to disclose a myriad of facts during the going public process.  These expansive disclosure requirements apply to private companies going public.  During the going public process, companies must generally dis...
http://www.securitieslawyer101.com/going-public-lawyer/

The Going Public Lawyer's Due Diligence Review


The securities laws require companies to disclose a myriad of facts during the going public process.  These expansive disclosure requirements apply to private companies going public.  During the going public process, companies must generally dis...
http://www.securitieslawyer101.com/going-public-lawyer/

The Going Public Lawyer's Due Diligence Review


Securities Lawyer 101 Blog  The securities laws require companies to disclose a myriad of facts during the going public process.  These expansive disclosure requirements apply to private companies going public.  During the going public process...
http://www.securitieslawyer101.com/going-public-lawyer/

Form S-1 Going Public Bootcamp By: Brenda Hamilton Securities Lawyer


Securities Lawyer 101 Blog Form S-1 Going Public Bootcamp The process of “going public” is complex and at times precarious. While going public offers many benefits it also comes with risks and quantities of regulations with which issuers mu...
http://www.securitieslawyer101.com/form-s-1-going-public/

Thursday, June 12, 2014

SEC Issues Trading Suspensions To Prevent Corporate Hijackings


Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney Securities Lawyer 101 Blog On June 11, 2014, the U.S. Securities and Exchange Commission announced the temporary suspension of trading in the securities of LifeHealthCare, Inc. (LFHE),  Smartlinx, Inc. (SMLK) and Total Apparel Group, Inc. (TLAG).  The suspension begins at 9:30 a.m. EDT on June 11, 2014 and terminates at 11:59 p.m. EDT on June 24, 2014 due to a lack of current and accurate information... Read More Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney
http://www.securitieslawyer101.com/corporate-hijackings-sec/

SEC Initiates Proceedings Against Six Issuers to Prevent Corporate Hijackings


Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities AttorneyThis week the Securities and Exchange Commission (“Commission”) announced it deemed it necessary and appropriate for the protection of investors that public administrative proceedings be instituted pursuant to Section 12(j) of the Securities Exchange Act of 1934 (“Exchange Act”) against six issuers, The Bank Holdings, Community Valley Bancorp, Genemen, Inc., GWS Technologies, Inc., Homeland Precious Metals Corp., and NuRx Pharmaceuticals, Inc.   In the past... Read MoreSecurities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney
http://www.securitieslawyer101.com/sec-corporate-hijackings/

SEC Suspends Six Issuers to Prevent Corporate Hijackings


This week the Securities and Exchange Commission (“Commission”) announced it deemed it necessary and appropriate for the protection of investors that public administrative proceedings be instituted pursuant to Section 12(j) of the Securities Ex...
http://www.securitieslawyer101.com/sec-corporate-hijackings/

SEC Reinstates Richard Hylland CPA to Practice Before the Commission


Securities Lawyer 101 Blog On June 11, 2014, the Securities and Exchange Commission (the "SEC") announced that it had reinstated Richard Hylland, CPA to practice before the SEC.  On July 16, 2007, Richard Hylland, CPA (“Hylland”) was suspended ...
http://www.securitieslawyer101.com/richard-hylland/

SEC Charges Chicago Securities Attorney


Securities Lawyer 101 Blog Posted by Brenda Hamilton, Attorney On June 12, 2014, the Securities and Exchange Commission (the "SEC") charged the founder of an investment advisory firm located in suburban Chicago with defrauding investors in co...
http://www.securitieslawyer101.com/securities-attorney-charged/

Sunday, June 8, 2014

SEC Trading Suspensions 101


Securities Lawyer 101 Blog The Securities Exchange Act of 1934 authorizes the Securities and Exchange Commission (the "SEC") to issue a trading suspension for up to ten business days. The SEC will order a trading suspension if it determines it is
http://www.securitieslawyer101.com/sec-trading-suspensions-2/

SEC Charges Reverse Merger Purveyors By: Brenda Hamilton Attorney


Securities Lawyer 101 Blog On May 5, 2014, the Securities and Exchange Commission (the "SEC") charged a Toronto-based consultant and four associates with conducting illegal reverse mergers with China-based companies to engage in pump and dump scheme...
http://www.securitieslawyer101.com/reverse-merger-scheme/

Fugitive Fraudster Pleads Guilty By: Brenda Hamilton Attorney


Securities Lawyer 101 Blog Posted by Brenda Hamilton Securities Attorney On June 5, 2014, fugitive banker Aubrey Lee Price plead guilty to bank, securities and wire fraud charges. Aubrey faces up to 30 years in prison and millions in restitution ...
http://www.securitieslawyer101.com/brenda-hamilton-atty/

Friday, June 6, 2014

$875,000 Awarded to SEC Whistleblower By: Brenda Hamilton Attorney


Securities Lawyer 101 Blog This week the Securities and Exchange Commission (the "SEC")  announced a whistleblower award of more than $875,000 to be split evenly between two individuals who provided tips and assistance to help the agency bring an e...
http://www.securitieslawyer101.com/sec-whistleblower/

Thursday, June 5, 2014

Fusion Pharm Raided by Feds


Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities AttorneySecurities Lawyer 101 Blog On May 16, 2014, the Securities and Exchange Commission (“SEC”) suspended trading in Fusion Pharm, Inc. (FSPM) for ten days.  The reason given for the action was “questions that have been raised about   (1) the company s assets; (2) the company s revenues; (3) the company s financial statements; (4) the company s business transactions; and (5) the company s current... Read MoreSecurities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney
http://www.securitieslawyer101.com/fusionpharm/

FusionPharm Raided by Feds By: Brenda Hamilton Attorney


Securities Lawyer 101 Blog On May 16, 2014, the Securities and Exchange Commission (“SEC”) suspended trading in FusionPharm, Inc. (FSPM) for ten days.  The reason given for the action was “questions that have been raised about...  (1) the ...
http://www.securitieslawyer101.com/fusionpharm/

Wednesday, June 4, 2014

Investment Newsletters 101 By: Brenda Hamilton Attorney


Securities Lawyer 101 Blog On June 2, 2014, the Securities and Exchange Commission (“SEC”) issued an Investor Alert warning about the use of investment newsletters as tools for fraud.  In this digital age, sensible people know they should be wa...
http://www.securitieslawyer101.com/investment-newsletters/

Tuesday, June 3, 2014

Genarme & Ezat Rahimi Settle SEC Charges By: Brenda Hamilton SEC Attorney


Securities Lawyer 101 Blog Settlements have been approved resolving claims by the Securities and Exchange Commission against Gendarme Capital Corporation, its former principal, Ezat Rahimi, and its former attorney, Cassandra Armento. The SEC’s com...
http://www.securitieslawyer101.com/gendarme/

SEC Charges Ronald Drewery With Insider Trading By: Brenda Hamilton Lawyer


Securities Lawyer 101 Blog On May 27, 2014, the Securities and Exchange Commission (the "SEC") charged Ronald Drewery with insider trading in the stock of a publicly-traded insurance company shortly before the announcement of that company's acquisit...
http://www.securitieslawyer101.com/ronald-drewery/

Monday, June 2, 2014

Unregistered Broker Dealer Activity on the Rise By: Brenda Hamilton


The Securities and Exchange Commission (the "SEC") Division of Enforcement is pursuing unregistered broker dealer activity which runs rampant in the penny stock markets.  Since Rule 506(c) was created many unregistered broker-dealers have appeared i...
http://www.securitieslawyer101.com/unregistered-broker/

SEC SEC Charges Neal V. Goyal in Ponzi Scheme By: Brenda Hamilton Attorney


Securities Lawyer Blog On May 28, 2014, the Securities and Exchange Commission (the "SEC") obtained a court order freezing assets and halting a fraudulent scheme by Chicago, Illinois-based investment adviser Neal V. Goyal. In its complaint, the SEC ...
http://www.securitieslawyer101.com/neal-goyal/

SEC Settles Charges in We the People Charity Fraud Case By: Brenda Hamilton Attorney


Securities Lawyer 101 Blog May 29, 2014, the Securities and Exchange Commission announced that a Florida husband and wife that were charged last year with defrauding seniors through a purported charitable organization agreed to pay more than $2 mill...
http://www.securitieslawyer101.com/richard-olive/

SEC Charges Steven McCraw By: Brenda Hamilton Florida Attorney


Securities Lawyer 101 Blog On May 30, 2014, the Securities and Exchange Commission filed charges against Steven McCraw for aiding and abetting a fraudulent forex trading scheme.   The SEC alleges that McCraw knowingly or recklessly provided substa...
http://www.securitieslawyer101.com/steven-mccraw/

Securities Lawyers Gone Wild - Marcus Luna


Securities Lawyer 101 Blog On May 23, 2014, the Securities and Exchange Commission (the “SEC”) barred Marcus Luna, an attorney working in Henderson, Nevada, from practicing before the Commission.  The action stemmed from a penny stock fraud in ...
http://www.securitieslawyer101.com/marcus-luna/

Sunday, June 1, 2014

Unregistered Broker Dealer Activity on the Rise


Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities AttorneyThe Securities and Exchange Commission (the SEC ) Division of Enforcement is pursuing unregistered broker dealer activity which runs rampant in the penny stock markets.  Since Rule 506(c) was created many unregistered broker-dealers have appeared in the OTC marketplace touting their skills as capital raisers despite not being registered with the SEC.  Recent SEC enforcement actions demonstrate there are serious consequences for those... Read MoreSecurities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney
http://www.securitieslawyer101.com/unregistered-broker/

FINRA Investor Alert For High Yield CD Scams By: Brenda Hamilton Attorney


Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities AttorneySecurities Lawyer 101 Blog The Financial Industry Regulatory Authority ( FINRA ) has issued a new investor alert called High-Yield CDs: Red Flags That Signal a Scam warning investors to be cautious of investments in certificates of deposit (CDs) that promise to good to be true returns.  Certificate of Deposit scams promise interest rates that are substantially higher than current averages. In one instance... Read MoreSecurities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney
http://www.securitieslawyer101.com/high-yield-cd-scams/

SEC Charges Transfer Agent, IST Shareholder Services By: Brenda Hamilton Attorney


Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities AttorneySecurities Lawyer 101 Blog On May 28, 2014, the SEC announced fraud charges and an emergency asset freeze against IST Shareholder Services, a transfer agent and its owner, Robert Pearson whose misappropriation scheme was discovered during an SEC examination.  Transfer agents are the record keepers for publicly traded companies to maintain records of share ownership and records.   Transfer agents can... Read MoreSecurities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney
http://www.securitieslawyer101.com/ist-shareholder-services/

SEC Obtains Judgment Against Inofin Management By: Brenda Hamilton Attorney


Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities AttorneySecurities Lawyer 101 Blog On May 28, 2014, the Securities and Exchange Commission (the SEC ) announced that the U.S. District Court for the District of Massachusetts entered final judgment by consent against Inofin Inc. s chief operating officer, Melissa George.Among other things, the judgment ordered George to pay a total of $177,431.69 in disgorgement of ill-gotten gains plus pre-judgment interest and a... Read MoreSecurities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney
http://www.securitieslawyer101.com/inofin/

Genarme & Ezat Rahimi Settle SEC Charges By: Brenda Hamilton SEC Attorney


Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities AttorneySecurities Lawyer 101 Blog Settlements have been approved resolving claims by the Securities and Exchange Commission against Gendarme Capital Corporation, its former principal, Ezat Rahimi, and its former attorney, Cassandra Armento. The SEC’s complaint had alleged that the defendants violated Section 5 of the Securities Act of 1933, by offering and selling the securities of several issuers without a filed... Read MoreSecurities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney
http://www.securitieslawyer101.com/gendarme/

SEC Charges Ronald Drewery With Insider Trading By: Brenda Hamilton Lawyer


Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities AttorneySecurities Lawyer 101 Blog On May 27, 2014, the Securities and Exchange Commission (the SEC ) charged Ronald L. Drewery with insider trading in the stock of a publicly-traded insurance company shortly before the announcement of that company s acquisition. The SEC alleges that Defendant Drewery misappropriated material nonpublic information regarding the impending acquisition of Mercer Insurance Group, Inc. ( Mercer ).According to the SEC,... Read MoreSecurities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney
http://www.securitieslawyer101.com/ronald-drewery/

SEC Charges John Bensen & DGSE Companies By: Brenda Hamilton Attorney


Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities AttorneySecurities Lawyer 101 Blog On May 27, 2014, the Securities and Exchange Commission (the SEC ) announced accounting fraud charges against a Dallas-based company and its former chief financial officer for manipulating its inventory accounts.   The SEC alleges that I. John Benson made repeated false accounting entries that materially inflated the value of inventory on the balance sheets at DGSE Companies... Read MoreSecurities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney
http://www.securitieslawyer101.com/john-bensen/

Securities Lawyers Gone Wild – Marcus Luna


Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities AttorneySecurities Lawyer 101 Blog On May 23, 2014, the Securities and Exchange Commission (the “SEC”) barred Marcus A. Luna, an attorney working in Henderson, Nevada, from practicing before the Commission.  The action stemmed from a penny stock fraud in which Luna was involved in 2006.  The SEC had sued Luna, three associates, and four companies controlled by them in 2014. ... Read MoreSecurities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney
http://www.securitieslawyer101.com/marcus-luna/

SEC Charges Steven McCraw By: Brenda Hamilton Florida Attorney


Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities AttorneySecurities Lawyer 101 Blog On May 30, 2014, the Securities and Exchange Commission filed charges against Steven McCraw for aiding and abetting a fraudulent forex trading scheme.   The SEC alleges that McCraw knowingly or recklessly provided substantial assistance to Kevin G. White and his company, KGW Capital Management, LLC, in perpetrating a fraudulent scheme that raised approximately $7.4 million between... Read MoreSecurities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney
http://www.securitieslawyer101.com/steven-mccraw/

SEC Settles Charges Against Florida Couple in Charity Fraud Case By: Brenda Hamilton Attorney


Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities AttorneySecurities Lawyer 101 Blog May 29, 2014, the Securities and Exchange Commission announced that a Florida husband and wife that were charged last year with defrauding seniors through a purported charitable organization agreed to pay more than $2 million and be barred from the securities industry. The SEC filed its enforcement action in February 2013 against Richard and Susan Olive and their... Read MoreSecurities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney
http://www.securitieslawyer101.com/richard-olive/

SEC SEC Charges Neal V. Goyal in Ponzi Scheme By: Brenda Hamilton Attorney


Securities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities AttorneySecurities Lawyer Blog On May 28, 2014, the Securities and Exchange Commission (the SEC ) obtained a court order freezing assets and halting a fraudulent scheme by Chicago, Illinois-based investment adviser Neal V. Goyal. In its complaint, the SEC alleges that Goyal told investors that the private funds he managed would invest in securities following a long-short trading strategy. According to... Read MoreSecurities Lawyer Blog Direct Public Offering Going Public Lawyer Going Public Attorney Securities Attorney
http://www.securitieslawyer101.com/neal-goyal/