Fraud - Securities & Going Public Lawyers

Matthew and William Griffin Charged with Fraud

On November 23, 2016, the Securities and Exchange Commission (“SEC”) filed a civil action charging brothers Matthew Griffin and William Griffin with fraudulently offering interests in two Texas partnerships. The SEC alleges that, between November 2013 and July… Read More

Court Enters Final Judgments Against Paul Downey and Two Others

On September 29, the Honorable Sam R. Cummings of the United States District Court for the Northern District of Texas entered final judgments against Defendants Paul Downey, Jeffry Downey, and John Leonard. The judgments followed summary-judgment rulings in… Read More

Cannabis Company Infinex Ventures and CEO Ronald Salem Charged with Fraud

On September 30, 2016, the Securities and Exchange Commission (“SEC”) filed fraud charges against cannabis company Infinex Ventures, Inc. and its CEO Ronald Salem. According to the SEC’s complaint filed in the U.S. District Court for the District of Colorado,… Read More

Former IT Executive Charged in Computer Sciences Corporation Fraud Scheme

The Securities and Exchange Commission (“SEC”) announced on September 27, 2016 that a former IT executive at the Commonwealth Bank of Australia (CBA) has agreed to settle charges that he participated in a scheme to defraud Computer Sciences Corporation… Read More

Owners of North Star Finance LLC Charged with Fraud

On September 21, 2016, North Star Finance LLC, G. Thomas Ellis, and Yasuo Oda entered consents to settle the SEC’s charges against them. Without admitting or denying the allegations in the SEC’s complaint, North Star, Ellis, and Oda… Read More

Stock-Trading Whiz Kid and Company Wealthpire Inc. Charged with Fraud

On September 13, 2016 he Securities and Exchange Commission (“SEC”) announced that self-proclaimed “stock trading whiz kid” Manuel Jesus and his stock newsletter company in Los Angeles have agreed to pay nearly $1.5 million to settle charges that they defrauded… Read More

Donald Watkins and his Companies Charged with Defrauding Investors

The Securities and Exchange Commission (“SEC”) charged Alabama attorney Donald Watkins and companies he controls with defrauding professional athletes and other investors out of millions of dollars, much of which he spent on his girlfriend and to cover… Read More

Football Player Merrill Robertson Jr. Charged with Running a $10 Million Fraud

On August 10, 2016 the Securities and Exchange Commission (“SEC”) charged Merrill Robertson Jr., a former player for the Philadelphia Eagles, with defrauding investors, including former coaches he knew from his time playing football for the Fork Union… Read More

Court Finds Jeffry and Paul Downey and John Leonard Guilty of Oil and Gas Fraud

On July 25, the Honorable Sam R. Cummings of the United States District Court for the Northern District of Texas granted summary judgment for the SEC on all claims against the father-and-son duo of Paul and Jeffry Downey,… Read More

Attorney Herbert Sudfeld Sentenced to 6 Months Imprisonment for Insider Trading

On July 22, 2016, Judge Cynthia M. Rufe of the U.S. District Court for the Eastern District of Pennsylvania sentenced former attorney Herbert Sudfeld, Jr. to six months imprisonment followed by three years of supervised release and 150… Read More