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Securities and Exchange Commission v. Medient Studios, Inc. et al
Case Number:
4:16-cv-00253
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Firms
Government Agencies
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November 28, 2017
Ga. Exec Barred From Helming Public Cos. In Fraud Suit Deal
A Georgia executive accused of defrauding investors in what was supposed to be a project to build a massive movie studio near Savannah has been barred from serving as an officer or director of a public company for five years as part of deals resolving the U.S. Securities and Exchange Commission's claims against him and his company.
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September 23, 2016
Ex-NY Gov. Settles As SEC Sues Defunct Movie Studio Execs
Ex-New York Gov. David Paterson and a music executive have settled with the U.S. Securities and Exchange Commission over charges they failed to timely report stock ownership while on the board of a defunct startup movie production company whose executives are accused of fraud, the agency said Friday.