July 23, 2015
The court-appointed receiver for Hunter Wise Commodities LLC on Thursday asked a Florida federal judge to sign off on a settlement ending claims that the firm's outside counsel failed to properly advise Hunter Wise on the legal risks of its $46 million precious metals investment scam.
May 16, 2014
A Florida federal judge on Friday ordered Hunter Wise Commodities LLC and two of its former executives to pay more than $55 million in civil penalties and barred the parties from commodities markets for allegedly running a precious metals investment scam.
February 26, 2014
A Florida federal court on Wednesday entered a permanent injunction and levied combined penalties of over $1.1 million against a telemarketing firm the U.S. Commodity Futures Trading Commission accused of helping commodity traders mislead their customers.
February 06, 2014
A Florida federal judge on Wednesday issued a permanent injunction ordering Lloyds Commodities LLC, two of its units and its co-owners to pay more than $5 million combined to settle claims by the U.S. Commodities Futures Trading Commission that it took part in a large commodity transactions scheme.
August 12, 2013
Two Hunter Wise Commodities LLC executives on Friday lost their bid to stay the U.S. Commodity Futures Trading Commission's suit over an alleged $46 million commodity trading scheme while they appeal the agency's jurisdiction, as a Florida federal judge found the interlocutory action shows no likelihood of success.
July 26, 2013
The U.S. Commodity Futures Trading Commission asked a Florida federal court Friday to disqualify the attorney for two Hunter Wise Commodities LLC executives in a lawsuit over an alleged $46 million commodity trading scheme, saying he is likely to be called as a witness at trial.
December 06, 2012
Hunter Wise Commodities LLC was hit with a lawsuit Wednesday by the U.S. Commodity Futures Trading Commission, accusing the Las Vegas-based commodity trading and financing firm of taking in some $46 million in funds since July 2011 from retail customers for allegedly illicit commodity transactions.