On September 16, 2024, the Securities and Exchange Commission (SEC) filed civil charges against former CEO Paul D. Roberts, former Chief Financial Officer Joshua A. Weiss, and former Audit ...

Cassava and former executives were charged Thursday by the SEC with making misleading claims in 2020 about trials for the ...

The software company co-founder allegedly raised more than $30 million by falsely claiming the company had millions of ...

In its correction, the firm also paid out $220,000 to 846 retail customers, accounting for upfront sales charges plus interest. The SEC's examination priorities for 2024 indicated Regulation Best ...

On September 3, 2024, the U.S. Securities and Exchange Commission (the “SEC”) announced settled charges against Galois Capital Management LLC (“Galois”), a Florida-based former registered ...

The Securities and Exchange Commission has brought civil charges against two former Cetera advisors for allegedly orchestrating separate cherry-picking schemes that cost clients millions of dollars.

The SEC charges DraftKings with selectively disclosing nonpublic information to investors who followed the company CEO’s social accounts. DraftKings agrees to pay a $200,000 civil penalty to ...

The U.S. Securities and Exchange Commission's wide-sweeping investigation into recordkeeping violations resulted in a crop of charges against ... settle the matter, the SEC said on Tuesday.

A former Cetera Financial advisor cherry-picked daily trades for his own benefit, netting about $5.3 million in “illicit” first-day profits, according to new charges from the SEC. The ...

Shares in Cassava were down more than 10% in pre-market trading following the SEC's announcement. Cassava will pay $40 million to settle the civil charges, while Barbier and Burns, have agreed to ...

Merrill Lynch, Pierce, Fenner & Smith Inc. and Harvest Volatility Management LLC have agreed to pay a combined $9.3 million ...

In the complaint, which was filed in the U.S. District Court for the Northern District of California, the SEC outlined two main ... that amounted to annual charges of $480,000.