Securities and Exchange Commission v. Cole et al

Track this case

Case Number:

1:26-cv-04945

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Judge:

Vernon S. Broderick

Government Agencies

  1. July 15, 2026

    Napster Share-Theft Suspect Gets Federal Defenders For Now

    A North Carolina man accused of posing as a billionaire investor to trick Napster into transferring him 25% of its shares was afforded free-of-charge lawyers Wednesday by a Manhattan federal judge amid a purported effort to retain private counsel.

  2. June 11, 2026

    239M Napster Shares Stolen By NC Man And Atty, SEC Says

    The U.S. Securities and Exchange Commission filed a civil suit in New York federal court Thursday against a North Carolina resident and his lawyer over an alleged stock scheme, claiming they defrauded the company that acquired Napster out of 239 million shares of its stock.