Securities and Exchange Commission v. Grenda Group LLC, et al

1:18-cv-00954

August 11, 2022
NY Adviser And Firm Avoid Full $1.9M Fine In SEC Case

A federal judge fined a New York investment adviser and his firm a total of $567,500 Thursday for hiding his father's industry ban, stopping short of issuing $1.9 million in fines requested by the U.S. Securities and Exchange Commission.
March 07, 2022
NY Adviser Fights SEC's Proposed $1.9M Fine

A New York investment adviser and his firm on Sunday opposed the U.S. Securities and Exchange Commission's proposed $1.9 million fine after they were found liable for hiding his father's industry ban, arguing that investors didn't suffer losses.
February 11, 2022
SEC Wants NY Adviser Fined $1.9M For Hiding Dad's Ban

The U.S. Securities and Exchange Commission urged a New York federal judge Thursday to fine a Buffalo investment adviser and his firm $1.9 million, after a jury found he hid from clients that his father and co-adviser had been banned by the agency.
December 13, 2021
NY Adviser Hit With Fraud Verdict For Hiding Dad's SEC Ban

A Buffalo investment adviser ran afoul of securities law by failing to tell clients that his father and co-adviser had been banned by the U.S. Securities and Exchange Commission, a jury has found after a six-day trial in New York federal court.

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