Tag: Dismissals

SEC plans to dismiss case against DEBT Box after admitting inaccurate statements were made | The Block

The Securities and Exchange Commission is looking to dismiss its lawsuit against crypto startup DEBT Box after the agency’s lawyers admitted inaccurate statements were made in court. The agency, which first sued Digital Licensing Inc., doing business as DEBT Box, in July, told Utah U.S. District Court Judge Robert Shelby that it planned to dismiss the action without prejudice, meaning…

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SEC Dismisses Charges in Trading Scheme Involving Confidential Government Information

On November 17, 2023, the SEC dismissed its charges against David Blaszczak, Christopher Worrall, and Theodore Huber. The dismissal resolves all remaining claims arising out of the SEC’s May 24, 2017 complaint, which alleged, among other things, that Blaszczak, Worrall, and Huber engaged in a scheme to trade on nonpublic information about government plans to cut Medicare reimbursement rates, which…

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Class Action Against Medis Technologies Dismissed

On August 18, 2008, United States District Judge Paul Crotty granted Medis Technologies motion to dismiss the securities class action filed against it and its CEO, Robert Lifton, in the Southern District of New York. Medis was represented by Deborah Hilarie Renner, Abigail Delette Lauer and Benito Delfin, Jr. of Sonnenschein Nath & Rosenthal in New York. Read the Medis Technologies press release Read Judge Crotty’s…

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