Reverse Mergers - Securities l Corporate l Business Law

SEC Seeks Enforcement Action After Reverse Merger

    The Securities and Exchange Commission (SEC) filed an action to enforce compliance with document and testimony subpoenas served upon Jessica Gilbertson in an SEC investigation for possible violations of the securities laws captioned In the Matter… Read More

SEC Charges Michael Moore For Monkey Rock & Cytta

On September 29, 2015, the Securities and Exchange Commission (SEC) filed a complaint in the U.S. District Court for the District of Nevada against Michael J. Moore, formerly a certified public accountant known for auditing many questionable microcap… Read More

SEC Rules Affecting Shell Companies

The Securities and Exchange Commission (“SEC”) has published releases relating to Shell Companies that affect the use of Rule 144 of the Securities Act of 1933, as amended (the “Securities Act”), by shareholders of Shell Companies. In addition,… Read More

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

Utah Registry Established For White Collar Criminals

Last week, the Utah legislature passed a law that will create a white-collar offender registry. Similar to a sex offender registry, it will offer a website where anyone interested can view photos of convicted white collar criminals, along… Read More

SEC Charges Reverse Merger Purveyors By: Brenda Hamilton Attorney

Securities Lawyer 101 Blog On May 5, 2014, the Securities and Exchange Commission (the “SEC”) charged a Toronto-based consultant and four associates with conducting illegal reverse mergers with China-based companies to engage in pump and dump schemes.   The… Read More

Why Reverse Mergers Destroy Companies – Securities Lawyer 101

Securities Lawyer 101 Blog In recent years, the Securities and Exchange Commission (“SEC”) and the Financial Industry Regulatory Authority (“FINRA”) have taken steps to limit transactions involving private companies going public using reverse mergers with public shell companies. One… Read More