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Securities and Exchange Commission v. Smith et al
Case Number:
1:24-cv-24802
Court:
Nature of Suit:
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Government Agencies
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April 11, 2025
Martial Arts Org., CEO Agree To Pay SEC More Than $1M
Xtreme Fighting Championships Inc. and its CEO have agreed to pay the U.S. Securities and Exchange Commission more than $1 million to resolve allegations that the executive and the martial arts organization raked in millions of dollars through illegal stock sales, according to proposed final judgments.
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December 10, 2024
SEC Says Xtreme Fighting CEO And GC Defrauded Investors
The U.S. Securities and Exchange Commission has accused Xtreme Fighting Championships and CEO Steven Smith of defrauding investors by selling millions of dollars of stock in the martial arts organization without disclosing the involvement of Smith or its criminally charged general counsel, according to a Florida federal lawsuit.