April 06, 2012
A Texas federal judge on Thursday ordered five men, including a former U.S. Securities and Exchange Commission attorney already in prison for securities fraud, to pay millions of dollars in disgorgement and civil penalties for allegedly trading unregistered penny stocks.
January 26, 2012
A Texas federal judge on Thursday ruled on summary judgment that six individuals, including a former U.S. Securities and Exchange Commission attorney already in prison for securities fraud, traded unregistered penny stocks in six companies.