April 17, 2020
A Georgia federal court has handed the U.S. Securities and Exchange Commission a win after finding that a North Carolina-based, low-capitalization company and its CEO recklessly made false press releases and public filings to cover up sham transactions that were touted as highly lucrative.
May 02, 2018
The U.S. Securities and Exchange Commission announced Wednesday that it had charged a North Carolina-based, low-market capitalization company and its CEO with conducting a yearslong scheme to defraud investors by entering into several sham transactions with companies to which he was secretly connected.