Brenda Hamilton - Securities & Going Public Lawyers

SEC Uses Satellite Imagery to Charge Desarrolladora Homex

Anyone who thinks that the Securities and Exchange Commission (the “SEC”) is behind the times should check out the SEC’s latest action against Mexico-based home building company Desarrolladora Homex S.A.B. de C.V.  The SEC used satellite imagery to help… Read More

SEC Staff Issues Guidance and Investor Bulletin on Robo-Advisers

On February 23, 2017 the Securities and Exchange Commission (the “SEC”) published information and guidance concerning robo-advisers for investors and the financial services industry on the fast-growing use of robo-advisers, which are registered investment advisers that use computer… Read More

James P. Toner Jr Settles Fraud Charges – Posted by Brenda Hamilton

The Securities and Exchange Commission (SEC) on February 14, 2017 announced that James P. Toner Jr, a purported real estate investment manager has agreed to pay more than a half-million dollars to settle charges that he pocketed investor… Read More

Financial Adviser Funds Lavish Lifestyle by Stealing from Client Accounts

  The Securities and Exchange Commission (SEC) on February 3, 2017 charged Barry Connell, an investment adviser representative with stealing approximately $5 million from client accounts by initiating unauthorized wire transfers and issuing checks to third parties to… Read More

Sidoti & Company Fined For Compliance and Trading Surveillance Failures

  The Securities and Exchange Commission (SEC) on February 13, 2017 announced that Sidoti & Company LLC, a New York-based brokerage firm has agreed to pay a $100,000 penalty to settle charges of compliance and trading surveillance failures.Federal… Read More

Former Shell Company, Terminus Energy and Its Officers Charged With Securities Fraud

On February 14, 2017 the Securities and Exchange Commission (the “SEC) charged Terminus Energy, Inc and four corporate officers with securities fraud. According to the SEC, Terminus Energy and its four officers misleading investors about the research, development,… Read More

Final Judgment Entered Against Gregg Mulholland Posted by Brenda Hamilton

On January 11, 2017, the U.S. District Court for the Eastern District of New York entered a final judgment against defendant Gregg R. Mulholland, a penny stock promoter charged in an SEC action with illegally selling more than… Read More

Final Judgment Entered in “Prime Bank” Fraud – By: Brenda Hamilton

On January 13, 2017, the U.S. District Court for the District of Minnesota entered a final judgment against Minnesota resident James M. Louks and his company, FiberPoP Solutions, Inc. Louks and FiberPoP are defendants in an SEC civil… Read More

Traders Charged With Hacking Lawyers – Posted by Brenda Hamilton

  On December 27, 2016, the Securities and Exchange Commission charged three Chinese traders with fraudulently trading on hacked nonpublic market-moving information stolen from two prominent New York-based law firms, racking up almost $3 million in illegal profits. … Read More

General Cable Corporation Settles FCPA Charges – Posted by Brenda Hamilton

Posted by Brenda Hamilton One December 29, 2016, the Securities and Exchange Commission announced that Kentucky-based General Cable Corporation agreed to pay more than $75 million to resolve parallel SEC and U.S. Department of Justice investigations related to its violations… Read More