April 08, 2020
A group of investors in a cannabis social media startup have agreed to pay $1.5 million to settle U.S. Securities and Exchange Commission claims they engaged in a stock fraud scheme that allegedly reaped twice that amount.
April 07, 2020
A Boston man and a group of his friends bought 90% of the shares in a cannabis startup and manipulated the stock price to net themselves more than $3.2 million, the U.S. Securities and Exchange Commission claimed in a complaint Tuesday.