SEC Fraud Suit Against Ex-Online Pharmacy Execs Advances

By Katryna Perera · July 17, 2025, 8:36 PM EDT

A New York federal judge has declined to dismiss a majority of the U.S. Securities and Exchange Commission's claims against former executives of a now-defunct online pharmacy called Medly, finding the...

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Case Information

Case Title

Securities and Exchange Commission et al v. Patel et al

Case Number

1:24-cv-06405

Court

New York Eastern

Nature of Suit

Securities/Commodities

Date Filed

September 12, 2024