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.

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

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

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 Securities and Exchange Commission (SEC) has charged three individuals who allegedly concocted a “Pre-IPO Scheme” that raised approximately $120 million. The individuals targeted were ...

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 ...

The firm was ordered to pay $6.5 million to the SEC, $6 million to FINRA to resolve ‘related charges’, and entered into a deferred prosecution agreement with the US Department of Justice and agreed to ...

The Securities and Exchange Commission announced registered investment adviser Macquarie Investment Management Business Trust (MIMBT) will pay a total of $79.8 million to settle charges for ...

On September 17, 2024, the US Securities and Exchange Commission (SEC) announced charges against 11 institutional investment managers for failing to file Forms 13F and 13H. All parties settled the ...

and former Senior VP of Neuroscience Lindsay Burns have agreed to pay over $40 million to resolve SEC charges over misleading statements related to a Phase 2 trial of the company’s controversial ...

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.