January 2018 Archives - Going Public Lawyers

SEC Suspends Penny Stock Issuers-Posted by Brenda Hamilton

On January 9, 2018, the U.S. Securities and Exchange Commission (“SEC”) announced the temporary suspension of trading in the securities of three penny stock issuers: Blacksands Petroleum, Inc. (BSPE), China Education Alliance, Inc. (CEAI), DoMark International, Inc. (DOMK), and… Read More

SEC Charges Operators of $1.2 Billion Ponzi Scheme Targeting Main Street Investors

Last month, the Securities and Exchange Commission (“SEC”) announced charges and an asset freeze involving a Boca Raton Ponzi Scheme.  The SEC alleges that the operators  of the fund bilked thousands of retail investors, many of them seniors, in a $1.2 billion Ponzi scheme. SEC… Read More