Securities Lawyer 101 l Brenda Hamilton

Securities Lawyer 101 l Brenda Hamilton

Sunday, November 13, 2016

Marc Broidy Charged with Defrauding Investors in 3 Separate Schemes


On October 27, 2016 the Securities and Exchange Commission ("SEC") charged a Los-Angeles based investment advisory firm and its owner, Marc Broidy with fraudulently overbilling clients and stealing assets from their trusts to pay such personal expen...
https://www.securitieslawyer101.com/?p=36020

Southlake Resources Group and Owner Cody Winters Charged with Fraud


Texas company Southlake Resources Group, LLC and its president Cody Winters have agreed to pay over $5.4 million to settle charges by the Securities and Exchange Commission ("SEC") that they orchestrated an oil-and-gas fraud. The SEC also charged th...
https://www.securitieslawyer101.com/?p=36016

Friday, November 11, 2016

Brazilian Airplane Manufacturer Embraer S.A. Charged with FCPA Violations


The Securities and Exchange Commission ("SEC") announced a global settlement along with the U.S. Department of Justice and Brazilian authorities that requires aircraft manufacturer Embraer S.A. to pay more than $205 million to resolve alleged violat...
https://www.securitieslawyer101.com/2016/embraer-fcpa-violations/

Saturday, November 5, 2016

SEC Issues Form S-3 Registration and Annual Report C&DIs


On November 2, 2016, the Securities and Exchange Commission (“SEC”) Division of Corporation Finance released two new compliance and disclosure interpretations (“C&DIs”) addressing eligibility to use Form S-3 registration statements and ...
https://www.securitieslawyer101.com/2016/form-s-3-annual-report/

SEC Charges Pelorus Group and Owner with Failure to Produce Documents in a Pending Investigation


The Securities and Exchange Commission ("SEC") filed a subpoena enforcement action in U.S. District Court for the Central District of California on October 6, 2016 against the Pelorus Group, LLC ("Pelorus Group") and its owner, James Bramlette, for ...
https://www.securitieslawyer101.com/?p=35976

Court Enters Final Judgment Against Coleman Flaherty in CitySide Tickets Fraud


On October 4, 2016, the Honorable Nathaniel M. Gorton of the United States District Court for the District of Massachusetts entered final judgments by consent against Coleman Flaherty III and Thomas Brazil for their roles in defrauding investors in C...
https://www.securitieslawyer101.com/?p=35974

Ikenna Ikokwu Charged with Recommending Tax Lien Investment Scheme to Clients


The Securities and Exchange Commission ("SEC") announced fraud charges against Ikenna Ikokwu, an investment adviser who recommended a Ponzi-like tax lien investment scheme to his clients. According to the SEC's complaint, filed in the U.S. Distric...
https://www.securitieslawyer101.com/?p=35971

Court Enters Final Judgments Against Paul Downey and Two Others


On September 29, the Honorable Sam R. Cummings of the United States District Court for the Northern District of Texas entered final judgments against Defendants Paul Downey, Jeffry Downey, and John Leonard. The judgments followed summary-judgment rul...
https://www.securitieslawyer101.com/?p=35969

Rule 506 Offerings FAQ By: Brenda Hamilton Attorney


Securities Lawyer 101 Blog Rule 506 Offerings are the most common of the Regulation D exemptions from registration under the Securities Act of 1933, as amended (the “Securities Act”).   It has been approximately a year since the Securities a...
https://www.securitieslawyer101.com/?p=18014