Selected Press Releases
SEC Freezes Assets of Insider Traders in Nexen Acquisition
08/27/2012
The Securities and Exchange Commission today obtained an emergency court order to freeze the assets of traders using trading accounts in Hong Kong and Singapore to reap more than $13 million in illegal profits by trading in advance of this week’s public announcement that China-based CNOOC Ltd. agreed to acquire Canada-based Nexen Inc.Read moreSEC Charges Phony Company President for Role in Facilitating Fake Investment in Penny Stock Company
08/25/2012
The Securities and Exchange Commission today charged a New York man for his role in a scheme to disseminate news of a fake investment to boost a struggling penny stock company.Read moreSEC Charges New York-Based Firm and Owner in Penny Stock Scheme
08/22/2012
The Securities and Exchange Commission today charged a New York-based firm and its owner with conducting a penny stock scheme in which they bought billions of stock shares from small companies and illegally resold those shares in the public market.Read moreSEC Brings Charges in Puerto Rico-Based Ponzi Scheme Targeting Evangelical Christians and Factory Workers
08/21/2012
The Securities and Exchange Commission today charged a Puerto Rico resident and his company with conducting a Ponzi scheme that targeted evangelical Christians and factory workers in Puerto Rico.Read moreNew Charges in Insider Trading Case Include Former CEO and Professional Baseball Player
08/17/2012
The Securities and Exchange Commission today announced a second round of charges in an insider trading case involving former professional baseball players and the former top executive at a California-based medical eye products company that was the subject of the illegal trading.Read more