March 31, 2016
A D.C. federal judge on Wednesday denied a bid to sanction the U.S. Securities and Exchange Commission filed by executives of smart-card maker e-Smart, saying the "hyperbolic accusations" that SEC counsel acted improperly didn't rise to the level of fraud on the court.
January 15, 2016
A federal judge imposed penalties of $23.3 million on smart-card maker e-Smart and others on Thursday in a sprawling U.S. Securities and Exchange Commission suit the judge called an "epic doorstop of a case."
October 13, 2015
A D.C. federal judge on Tuesday granted a partial victory to the U.S. Securities and Exchange Commission, imposing securities bans on e-Smart Technologies Inc. and its executives but finding the agency hadn't fully backed up the fine it sought for misleading investors.
June 03, 2015
A Washington, D.C., federal judge on Wednesday denied E-Smart Technologies Inc. executive Tamio Saito's motion for reconsideration of a March decision that he is liable for overstating the smartcard company's prospects, expressing displeasure with the chief technology officer's habit of bombarding the court with voluminous filings.
April 13, 2015
A D.C. federal judge urged the U.S. Securities and Exchange Commission on Monday to drop its outstanding claim against e-Smart Technologies Inc.'s CEO, saying the agency should save its resources since the court already found she misled investors and sold unregistered securities.
March 31, 2015
A federal court in Washington handed the U.S. Securities and Exchange Commission a win Tuesday in a suit alleging that the chief technology officer of a company that made smart card systems — which identify people using markers like fingerprints and retina prints — grossly misrepresented what the cards, and the company, could do.
January 29, 2015
The U.S. Securities and Exchange Commission urged a Washington, D.C., federal judge Thursday to hold the CEO of accused fraudster E-Smart Technologies Inc. liable for alleged internal control failures, arguing the company had conceded the failures in a regulatory filing.
March 12, 2014
A Washington, D.C., federal judge on Wednesday refused to dismiss the U.S. Securities and Exchange Commission's suit alleging senior officers of e-Smart Technologies Inc. defrauded investors by lying about having the technology to uniquely identify users for access to bank accounts.
December 02, 2013
A D.C. federal judge on Monday sanctioned the CEO of e-Smart Technologies Inc., a purported producer of biometric identification cards, in a U.S. Securities and Exchange Commission securities fraud suit for defying orders to produce some of the so-called smart cards sought by the commission.