Daily Archives: April 18, 2024, 7:04 am

Quis custodiet ipsos cellphones

I hope the banks will sue for their money back? I hope that the SEC’s enforcement lawyers came to a meeting with a bank’s top brass, and proceeded to berate them about how awful it is that some of their employees texted about business, and then the SEC lawyer’s phone buzzed and she pulled it out and was like “sorry…

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SEC Charges Media Company and Its CEO with Defrauding Investors

The Securities and Exchange Commission announced today that it filed charges against Icaro Media Group, Inc. (“Icaro”) and its CEO, Paul H. Feller (“Feller”), for allegedly engaging in a multimillion-dollar offering fraud. According to the SEC’s complaint, from approximately 2017 to 2021, Feller and Icaro, a privately owned media technology company, raised more than $22 million from at least 38…

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