Victims Of Qwest Securities Fraud Let Down May 9, 2012
Posted by jefhenninger in News.Tags: Fraud, sec, securities fraud
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Victims of insider trading from Qwest in the Joe Nacchio era are starting to receive checks in recompense from $44 million that was recovered from the former CEO. The Qwest stock topped out at $60 dollars per share. Victims are receiving a miniscule amount of recompense from the securities fraud.
SEC Charges Arizona Resident In Security Fraud May 9, 2012
Posted by jefhenninger in News.Tags: sec, securities fraud
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Atlanta, GA-Gerald D. Kegley,has the SEC breathing down his back as they have filed a criminal injunctive action. The SEC alleges that Mr. Kegley participated in a scheme that violated the anti fraud and securities and broker dealer registration provisions of federal security laws.
Green Mountain Coffee Roasters In Fraud Class Action Lawsuit May 9, 2012
Posted by jefhenninger in News.Tags: securities fraud
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Wilmington, Del-The lawsuit against Green Mountain Coffee Roasters, according to the complaint the company was less than truthful by failing to disclose to investors misleading statements about the slowing demand for the companies products.
Fraud Scheme Broken May 9, 2012
Posted by jefhenninger in News.Tags: grand larceny, scheming to defraud, securities fraud
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Reuters, FL-Scott Kupersmith admitted to New York prosecutors to having operated a “free-riding” fraud scam, where he bought and sold $64 million dollars in stocks with money, he did not have. He is being charged with: securities fraud, scheming to defraud and grand larceny.
SEC Files Suit In Fraud Case May 3, 2012
Posted by jefhenninger in News.Tags: securities fraud
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Tuesday May 2nd, 2012, The US Securities And Exchange Commission filed a civil suit against Arnett l. Waters, 62 of: Waters Capital of Braintree and Moneta Management, LLC, alleging that he bilked investors out of $780.000.
Investment Adviser Charged With Fraud For $1.5 Million May 3, 2012
Posted by jefhenninger in News.Tags: Fraud, Investment Fraud, securities fraud
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Chicago, IL-Dimitry Vishnevetsky was found guilty of 9 count of fraud in an investment scheme by a federal grand jury. It appears that he used misappropriated funds to pay for mortgage payments to health club dues. The fraud took place over six years.
NY Securities Fraud Prison Terms For Fraud Convictions May 3, 2012
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Albany, NY- Charles Raspa, a former owner of a now closed securities firm, based in Manhattan, NY, has been sentenced to prison after being found guilty on 28 felony convictions which included securities fraud. Raspa faces a term of between 3.5 to 10.5 years in prison.
Hunterdon County Criminal Defense
UK Hedge Fund Adviser Guilty of Securities Fraud February 20, 2012
Posted by jefhenninger in News.Tags: securities fraud, the Securities Exchange Act of 1934
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US judge finds UK Hedge Fund Adviser Guilty of Securities Fraud
New York, (HedgeCo.net) Judge Robert W. Sweet issued a favour of the (SEC) findings that the British based hedge fund adviser (PCM) and Lewis Chester have violated the Hedge Fund Act of 1993 and the securities exchange act of 1934.
Board member brothers charged with fraud February 20, 2012
Posted by jefhenninger in News.Tags: Fraud, securities fraud
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Board member charged with fraud
Jeffrey Wolfson and his brother Robert Wolfson face charges that they profited more then 17 million from improperly trading shares. The US securities and exchange commision (SEC) allege that the brothers sold borrowed shares in hopes of profiting on declining prices.
Securities Fraud Class Action Lawsuit Has Been Filed Against Collective Brands, Inc. February 17, 2012
Posted by jefhenninger in News.Tags: Class Action Lawsuit, securities fraud, the Securities Exchange Act of 1934
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Securities Fraud Class Action Lawsuit Has Been Filed Against Collective Brands, Inc.
Wilmington, Del.-A class action law suit has been filed in the US district courts for the district of Kansas on behalf of stock that goes by the name of Collective Brands, Inc. The lawsuit alleges violations of the Securities Exchange Act of 1934 against Collective Brands.
White Collar Crime News 