November 28, 2023
Three traders and an executive who pled guilty to securities fraud conspiracy allegations in connection with claims they were part of a $3 million boiler room scheme have agreed to settle parallel Securities and Exchange Commission allegations.
November 15, 2018
The U.S. Securities and Exchange Commission sued a stock research firm and five individuals in New York federal court on Thursday, accusing them of orchestrating a $3.3 million boiler room scheme in which they aggressively solicited investors to buy artificially inflated shares of a health care management company.