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Securities and Exchange Commission v. Lemelson et al

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Case Number:

1:18-cv-11926

Court:

Massachusetts

Nature of Suit:

Securities/Commodities

Judge:

Patti B. Saris

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Companies

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  1. December 06, 2018

    Mass. Priest Can't Escape SEC's Short-Selling Suit

    A Greek Orthodox priest who is also a hedge fund manager lost his bid to duck a U.S. Securities and Exchange Commission short-selling suit after a Massachusetts federal judge said from the bench Thursday that she will keep at least one of the counts against him alive.

  2. November 09, 2018

    SEC Fights Priest's Bid To Skip $1.3M Short-Selling Suit

    The U.S. Securities and Exchange Commission has challenged a Greek Orthodox priest's attempt to wriggle out of a short-selling suit in Massachusetts federal court accusing him of raking in $1.3 million by driving down and betting against a pharmaceutical company's stock. 

  3. October 26, 2018

    Mass. Priest Wants Out Of SEC's $1.3M Short-Selling Suit

    A Greek Orthodox priest who also serves as a social commentator and hedge fund manager asked a Massachusetts federal judge Thursday to toss a U.S. Securities and Exchange Commission suit claiming he raked in $1.3 million by driving down and betting against Ligand Pharmaceuticals Inc. stock.

  4. September 12, 2018

    SEC Claims Mass. Broker Lied To Short Drug Co. By $1.3M

    The U.S. Securities and Exchange Commission on Wednesday sued a Massachusetts hedge fund adviser who allegedly drove down the price of San Diego-based Ligand Pharmaceuticals Inc. and bet against its stock to reap more than $1.3 million.