Securities and Exchange Commission v. Thurlow et al

  1. March 26, 2026

    Penny Stock Seller Says SEC Fraud Claim Fails Without Victim

    Western Bankers Capital Inc. and the estate of its operator have urged a New York federal judge to grant them an early win in a U.S. Securities and Exchange Commission suit alleging they and others reaped nearly $6 million in illicit proceeds by selling unregistered penny stocks, in part because they say they were a victim of the alleged scheme.

  2. September 16, 2021

    SEC Says 2 Attys Helped Carry Out $5.7M Penny Stock Fraud

    The U.S. Securities and Exchange Commission has asked a New York federal district court to halt the activities of a group that allegedly reaped nearly $6 million in illicit proceeds by selling unregistered penny stocks.