NJ Atty Is Liable As Issuer In Stock Scheme, Judge Rules

Law360, New York (July 11, 2013, 6:22 PM EDT) -- A New Jersey lawyer played such a key role in allowing Greenstone Holdings Inc. to fraudulently hawk more than 6 million shares of stock that she is subject to liability under laws governing issuers that offer securities for sale, a New York federal judge ruled Wednesday.

U.S. District Judge Miriam Goldman Cedarbaum granted summary judgment to the U.S. Securities and Exchange Commission against attorney Virginia K. Sourlis after an earlier decision holding the lawyer liable for aiding and abetting securities fraud by issuing a false legal...
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Case Information

Case Title

Securities and Exchange Commission v. Greenstone Holdings, Inc. et al


Case Number

1:10-cv-01302

Court

New York Southern

Nature of Suit

Securities/Commodities

Judge

Miriam Goldman Cedarbaum

Date Filed

February 18, 2010

Government Agencies

UK Financial Services

UK Financial Services

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