November 20, 2018
Two men accused of orchestrating a $3.8 million stock fraud scheme in which they manipulated share prices of two companies will pay a total of $5.9 million to the government in disgorgement and civil penalties, a California federal judge ordered.
January 22, 2018
The U.S. Securities and Exchange Commission has reached deals to resolve its case against two California men accused of perpetrating a $3.8 million scheme to manipulate the prices of two companies' shares by making it appear as if third parties were trading in them, according to judgments entered in San Diego federal court on Friday.
July 19, 2017
The U.S. Securities and Exchange Commission sued two men with checkered pasts in the securities industry in San Diego federal court Wednesday for an alleged $3.8 million scheme to manipulate the prices of two companies' shares by making it appear as if third parties where trading in them.