April 07, 2011
An Illinois federal court on Tuesday ordered the co-founder and ex-CEO of now-defunct Canopy Financial Inc. to pay back nearly $2 million he skimmed from a $93 million scheme to solicit investments in the health care banking technology startup.
December 03, 2009
The U.S. Securities and Exchange Commission has accused health care banking technology startup Canopy Financial Inc. and founder Jeremy Blackburn of misrepresenting the company's financial condition to investors ahead of a $75 million private placement offering, then skimming millions of dollars off the top of the funds raised.