SEC, CFTC Claim Forex Trader Cost Clients More Than $3M

Law360, New York (September 9, 2011, 3:43 PM EDT) -- Regulators on Thursday slammed EagleEye Asset Management LLC and its owner in two suits in Massachusetts, alleging the money management firm defrauded customers out of at least $3 million in retirement funds.

The U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission filed parallel civil suits claiming Jeffrey A. Liskov and his investment firm unlawfully netted $300,000 in performance fees in an off-exchange foreign currency scam by forging documents and misleading investors.

“Liskov misrepresented the nature of forex investments he made on [his...
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Case Information

Case Title

Securities and Exchange Commission v. EagleEye Asset Management et al


Case Number

1:11-cv-11576

Court

Massachusetts

Nature of Suit

Securities/Commodities

Judge

William G. Young

Date Filed

September 8, 2011


Case Title

United States Commodity Futures Trading Commission v. Liskov et al


Case Number

1:11-cv-11577

Court

Massachusetts

Nature of Suit

Securities/Commodities

Judge

Joseph L. Tauro

Date Filed

September 8, 2011

Government Agencies

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