July 2014 Archives - Going Public Lawyers

SEC Charges CEO & CFO with Sarbanes-Oxley Violations

Securities Lawyer 101 Blog On July 31, 2014, the Securities and Exchange Commission (the “SEC”) announced charges against Marc Sherman, the CEO and Edward Cummings, the CFO of a Florida-based computer equipment company for misrepresenting to external auditors… Read More

Former Officer of Harbinder to Settle Charges In Hedge Fund Scheme

Securities Lawyer 101 Blog On July 28, 2014, the Securities and Exchange Commission (the “SEC”) announced that the former chief operating officer at Harbinger Capital Partners LLC agreed to settle charges that he assisted a scheme by Philip… Read More

What is SEC Form D – Notice of Sales ?

Securities Lawyer 101 Blog Whether or not a company is selling shares to accredited or non-accredited investors in its private placement offering under Regulation D, it must file a Form D – Notice of Sales with the Securities… Read More

Whistleblowers Gone Wild

Nearly everyone believes the Securities and Exchange Commission’s Whistleblower Program under the Dodd Frank Act is a good idea.  By the agency’s account, a considerable number of fraudulent schemes have been exposed, and devious perpetrators brought to justice thanks… Read More

Securities Lawyers Gone Wild – Bernard Butts

Securities Lawyer 101 Blog On July 15, 2014, the Securities and Exchange Commission announced that a federal judge ordered a Miami-based attorney to pay nearly $4 million in a consent judgment of an SEC case against him for… Read More

Frank Speight and International Stock Transfer Charged

Securities Lawyer 101 Blog On July 24, 2014, the Securities and Exchange Commission (the”SEC”) and Department of Justice announced charges against Frank-Speight (Cecil Franklin Speight) and his Florida-based transfer agent with defrauding investors by using aggressive boiler room tactics to… Read More

Carolyn Winsor Apprehended by U.S. Authorities

Securities Lawyer 101 Blog On June 27, 2014, Caroline Winsor, also known as Caroline Meyers and Caroline Danforth was apprehended and is in custody of the U.S. authorities. Winsor was indicted with conspiracy, wire fraud, and securities fraud. In… Read More

What is a Confidential Treatment Request?

An issuer filing a registration statement with the Securities and Exchange Commission (the “SEC”) that desires to keep certain information confidential and out of the public domain may do so under limited circumstances by filing an SEC request… Read More

The SEC’s Oversight of the Registration Statement Process

Securities Lawyer 101 Blog The Securities and Exchange Commission (“SEC”) is the key regulator of going public transactions, securities offerings and securities professionals. During the going public and registration statement process the SEC provides oversight of various professionals… Read More

Company Website Requirements for Periodic Reports

Securities Lawyer 101 Blog It has become almost routine for publicly traded companies to use their websites to provide information to investors.  In going public transactions, the issuer’s website can be used to keep shareholders informed about the… Read More