September 25, 2025
A Florida federal judge affirmed a ruling that a movie studio company sold $1.2 million in unregistered securities purportedly using blockchain technology to license motion picture rights, saying he wasn't convinced the company qualified for an exemption.
August 21, 2023
A Florida federal judge has recommended that a lawsuit brought by the U.S. Securities and Exchange Commission alleging a film company and its CEO committed a $1.2 million stock fraud should proceed, saying it's "not entirely clear" what specific grounds the company raised for dismissal in its motion.
August 16, 2021
The U.S. Securities and Exchange Commission has sued a Florida-based film production and distribution company and its operator, claiming that they defrauded dozens of investors, most of whom were unsophisticated investors and elderly, through an unregistered stock offering.