Microcap Dealer Inks $39M Deal Over SEC 'Scalping' Claims

By Emilie Ruscoe · April 27, 2023, 9:36 PM EDT

A pair of penny stock dealers and their firms have agreed to a $39.2 million resolution of U.S. Securities and Exchange Commission allegations they violated dealer registration rules and secretly funded...

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Case Information

Case Title

Securities and Exchange Commission v. GPL Ventures LLC et al

Case Number

1:21-cv-06814

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

August 13, 2021