Oct 11, 2021 | SEC Investigations
On October 5, the SEC announced that it had charged CanaFarma Hemp Products Corp., a Canadian startup, and its co-founders with violating the antifraud provisions of the securities laws. The SEC alleges that the company fraudulently raised $15 million from various...
Sep 29, 2021 | SEC Investigations
On September 24, the SEC announced that it had reached a settlement with the world’s largest advertiser, WPP plc, to resolve allegations that the company violated the Foreign Corrupt Practices Act (FCPA) on multiple occasions. WPP was accused of violating the...
Sep 21, 2021 | SEC Investigations
If you are reading this, the chances are good that you have heard of cryptocurrency. But what is cryptocurrency? How does it work? Is it actually currency? Is it property? Who regulates it? All great questions and all with answers that leave a little to be...
Sep 7, 2021 | SEC Investigations
On August 18, the SEC announced that it had charged three former Netflix Inc. software engineers and two close associates with insider trading. The SEC alleges that the group realized over $3 million in profit by trading on material non-public information concerning...
Aug 10, 2021 | SEC Investigations
On August 6, the U.S. Attorney’s Office for the Northern District of Georgia announced that Richard J. Randolph, III, formerly the CEO of Randolph Acquisitions, Inc., had been sentenced to six years, six months in prison after pleading guilty to securities fraud. ...
Jul 7, 2021 | SEC Investigations
On July 2, the SEC and DOJ both announced charges against a Canadian trader for entering into trades based on the knowledge of upcoming trades by the trader’s employer, a large Canadian asset management firm. The trader is alleged to have made trades in tandem with...
