Owner's Father Played Role In Sage Advisory Fraud: SEC

Law360, New York (September 1, 2011, 3:49 PM EDT) -- The U.S. Securities and Exchange Commission targeted Sage Advisory Group LLC anew Thursday in a Massachusetts federal court securities fraud suit, now accusing owner Benjamin Lee Grant's father of violating past orders not to associate with an investment adviser.

John Alexander “Jack” Grant, a lawyer and former stockbroker who in 1988 was barred from associating with broker-dealers or investment advisers after he was accused of selling unregistered securities and stealing investor funds, violated that injunction by advising investors to do business with his son's company, the...
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Case Information

Case Title

Securities and Exchange Commission v. Grant et al


Case Number

1:11-cv-11538

Court

Massachusetts

Nature of Suit

Securities/Commodities

Judge

George A. OToole, Jr

Date Filed

September 1, 2011

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