Ex-NHL Owner Conned Investors Out Of $14M, SEC Says
By Hayley Fowler (April 5, 2018, 8:01 PM EDT) -- The U.S. Securities and Exchange Commission socked the former owner of the National Hockey League's Edmonton Oilers, his medical device company and five others with a suit in California federal court Thursday alleging they bilked $14 million from investors while hiding the owner's past felony conviction.
Peter H. Pocklington, a Canadian citizen also known as Puck, is accused of using Nova Oculus Partners LLC, formerly The Eye Machine LLC, to solicit funds from 260 investors who weren't told of his convictions for securities fraud in Arizona and passing the money out to other named defendants as lofty commissions. Pocklington also allegedly...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!