Category Archives: SEC

The Securities and Exchange Commission filed an amended complaint charging Brian Quinn, a California resident, and David Skriloff, a New York resident, for their roles in a scheme to profit from the manipulation and illegal sale of stock of a publicly traded company, Environmental Packaging Technologies Holdings, Inc., of which Skriloff was the CEO. On […]

The Securities and Exchange Commission today announced settled charges with Bitqyck Inc. and its founders, who allegedly defrauded investors in securities offerings of two digital assets, Bitqy and BitqyM, and operated an unregistered exchange to permit trading in one of them, a digital token called Bitqy. According to the SEC’s complaint, Bitqyck and founders Bruce […]

Litigation Release No. 24581 / August 29, 2019 Securities and Exchange Commission v. Cetera Advisors, LLC, Civil Action No. 1:19-cv-02461 (D. Colo., filed August 29, 2019) The Securities and Exchange Commission today charged Cetera Advisors, LLC, a registered investment adviser and broker-dealer based in Denver, Colorado, with breaching its fiduciary duty and defrauding its retail […]

The Securities and Exchange Commission today charged a Tallahassee-based investment adviser firm and its two former principals with defrauding investors, most of whom were retired NFL players who had joined a class-action lawsuit against the league claiming they suffered brain injuries as a result of concussions. The SEC charged Cambridge Capital Group Advisors, LLC (f/k/a […]

The Securities and Exchange Commission today charged Live Well Financial, Inc. and its CEO, Michael Hild, both of Richmond, Va., with perpetuating a multi-million dollar bond mismarking scheme against Live Well’s short-term lenders. The complaint also charges Live Well’s CFO, Eric Rohr, and Executive Vice President, Darren Stumberger, both of whom consented to partial judgments […]

Litigation Release No. 24578 / August 29, 2019 U. S. Securities and Exchange Commission v. William Hutchinson a/k/a William Cluxton, No. 8:19-cv-02166 (M.D. Fla. filed August 29, 2019) The Securities and Exchange Commission today charged William Hutchinson (a.k.a. William Cluxton), of Sarasota, Florida for fraudulently selling securities. The SEC’s complaint alleges that between March and […]

Aug. 27, 2019 We support sending out for public comment the recently proposed revisions to Regulation S-K, the central repository for non-financial statement disclosure. We’re especially grateful to our colleagues in the Division of Corporation Finance, Director Bill Hinman, Betsy Murphy, Felicia Kung, Lisa Kohl, Elliott Staffin, Sandra Hunter Berkheimer, and Shehzad Niazi for their […]

The Securities and Exchange Commission charged Brixmor Property Group Inc., a publicly-traded real estate investment trust, and four former senior executives with fraud in connection with a scheme to manipulate a key non-GAAP metric relied on by analysts and investors to evaluate the company’s financial performance. Brixmor has agreed to settle the Commission’s charges and […]

Litigation Release No. 24576 / August 27, 2019 Securities and Exchange Commission v. Marcus Boggs, Civil Action No. 19-cv-5672 (N.D. Illinois, filed August 23, 2019) On August 23, 2019, the Securities and Exchange Commission charged Marcus Boggs, an investment adviser representative at the Chicago office of a large financial services firm, with stealing more than […]

Litigation Release No. 24575 / August 27, 2019 Securities and Exchange Commission v. Hartman Wright Group, LLC and Tytus W. Harkins, No. 19-cv-02418 (D. Colo. filed Aug. 26, 2019) The Securities and Exchange Commission filed charges against Hartman Wright Group, LLC, a real estate company, and its founder, Tytus W. Harkins, for raising over $8 […]