Securities Lawyer 101 Brenda Hamilton - Securities l Corporate l Business Law

Francisco Martin Charged with Defrauding Investors in Native American Tribal Bonds

On November 14, 2016, the Securities and Exchange Commission (“SEC”) added Francisco Martin of Woodland Hills, California to a civil injunctive action currently pending in the U.S. District Court for the Southern District of New York, charging him with defrauding… Read More

Four Fraudsters Charged in Arco Hills Silica Mining Company Scheme

The Securities and Exchange Commission (“SEC”) charged Gordon Jenkins, Theodore Sweeten, Francis Kreais and Craig Parkinson with orchestrating an offering fraud involving the sale of interests in a purported mining company, Arco Hills Silica Company. The SEC’s complaint, filed… Read More

Court Enters Final Judgment Against Kenneth Rampino for Insider Trading

The Securities and Exchange Commission (SEC) announced that the federal district court in Rhode Island has entered a final judgment against Kenneth Rampino, a resident of Seekonk, Massachusetts and a practicing attorney, ordering him to pay approximately $39,000… Read More

Three Fraudsters on a Shopping Spree Met with an Asset Freeze

On July 28, 2016 the Securities and Exchange Commission (“SEC”) announced an asset freeze it has obtained against three men who aren’t registered to sell investments and allegedly went on lavish shopping sprees with more than $5 million raised from… Read More

Daniel and Matthew Rivera Charged for Running a Ponzi Scheme Directed at Seniors

  On March 24, 2016, the Securities and Exchange Commission charged two brothers, and a company that they founded purportedly to develop and sell real estate, with engaging in a $2.7 million Ponzi scheme that targeted approximately 30,… Read More

SEC Charges Andrew Caspersen with Defrauding Two Institutions

The Securities and Exchange Commission (SEC) charged a New York-based securities professional with defrauding two institutions he solicited to invest in a shell company he controlled whose name was deceptively similar to that of a legitimate private equity… Read More

AVEO Pharmaceuticals Misleads Investors About FDA Approval of New Drug

The Securities and Exchange Commission announced fraud charges against a Massachusetts-based biotech company and three former executives for misleading investors about the company’s efforts to obtain Food and Drug Administration (FDA) approval for its flagship developmental drug to… Read More

Court Holds James Louks and FiberPop Solutions in Civil Contempt

The Securities and Exchange Commission (SEC) announced that the Honorable Patrick J. Schiltz of the United States District Court for the District of Minnesota has entered an order holding defendants James Louks and FiberPoP Solutions, Inc. in civil… Read More

CEO of TierOne Bank Sentenced to 11 Years in Prison

The Securities and Exchange Commission (SEC) announced that on March 23, 2016, Gilbert Lundstrom, the former chairman of the board and CEO of TierOne Bank, based in Nebraska, was sentenced to 11 years in federal prison and ordered… Read More

Court Enters Final Judgment Against Fraudster Bruce Strebinger

The Securities and Exchange Commission (SEC) announced on March 21, 2016 that on March 15, 2016, the Honorable Leigh Martin May of the United States District Court for the Northern District of Georgia entered a final judgment against defendant Bruce… Read More