Receivership Shell - Securities & Forensic Lawyers

The Operation “Shell Expel” Facade

Operation Shell-Expel was announced by the SEC in 2012. Since then the Securities and Exchange Commission (SEC) has repeatedly announced the success of its efforts by issuing trading suspensions of more than 800 shell companies. Despite this, the SEC has… Read More

Medbox & The License to Swindle – Peter Berney Shells

Down the Rabbit Hole We Go We were recently asked to review a penny stock company called Medbox Inc. (MDBX).  The Medbox story has been of considerable interest over the past two years, for the most part because… Read More

Alert About Dormant Shell Companies

The Securities and Exchange Commission (the “SEC”) as well as the Financial Industry Regulatory Authority recently issued an alert warning investors that many penny stocks touted as great investment opportunities may, in fact, be dormant shell companies. Despite the… Read More

Shell Shocked – FBI Uses Receivership Shell In Sting

On July 16, 2014, the Securities and Exchange Commission (“SEC”), the U.S. Attorney for the District of Massachusetts, and the Federal Bureau of Investigation have announced charges against five individuals, who the authorities allege  attempted to manipulate shares of… Read More