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Securities and Exchange Commission v. Cheetah X Inc. et al
Case Number:
1:25-cv-23002
Court:
Nature of Suit:
Judge:
Firms
Government Agencies
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October 06, 2025
Scooters Aren't Securities, Court Told In Bid To Toss SEC Suit
A scooter rental company urged a Florida federal court to dismiss a U.S. Securities and Exchange Commission lawsuit alleging it misled hundreds of investors to raise $4 million, saying the goods it offered aren't regulated by the agency.
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July 07, 2025
SEC Alleges $4M Fraud Scheme By Scooter Rental Company
The U.S. Securities and Exchange Commission has sued scooter rental company Go X Inc. and its executives in Florida federal court, alleging they fraudulently raised $4 million from 300 investors through unregistered securities sales.