Securities and Exchange Commission v. Lemelson et al

  1. 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. 

  2. 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.

  3. 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.

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