June 27, 2017
A Louisiana man agreed to pay $25,000 to settle the U.S. Securities and Exchange Commission's claims that he participated in a fraudulent scheme to use subsidiary sales to gussy up the books of a motor freight business and a beverage firm, according to a judgment entered Tuesday in New York federal court.
June 06, 2017
The U.S. Securities and Exchange Commission hit a former CEO and a company he ran with a lawsuit in New York federal court on Tuesday alleging that he used a sham company as a dumping ground for unwanted liabilities from the motor freight and beverage businesses he was hired to turn around.