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Join the Securities Litigation and Enforcement Group on LinkedInReliable One Falsely Touted ‘N-95′ Masks to Investors, SEC Says
Reliable One Resources and its Quantum Filtration Inc. subsidiary raised about $34 million from more than 500 investors while misrepresenting the N-95 certification status of their face masks and other issues, the SEC says in a new suit. The companies and the two individuals who controlled them also improperly sold the stock without registering it, […]
The SEC is Reading Your Hot Takes: The Pitfalls of Material Misrepresentations Following Negative News | Arent Fox
On March 12, 2019, the Securities and Exchange Commission announced it charged Lumber Liquidators Holdings Inc. with securities fraud for making fraudulent misstatements to investors. The charges illustrate the perennial danger of misleading filings and highlight the SEC’s scrutiny over responses to negative press. In light of this enforcement, the consequences of hastily — or fraudulently […]
SEC Charges Biotech Company With Fraudulently Hyping Stem Cell Technology
SEC files an enforcement action against CellCyte Genetics Corporation and two executives.