The Commission filed an unusual investment fund fraud action in SEC v. Chiaese, Civil Action No. 10-cv-5110 (D.N.J. Filed Oct. 5, 2010). In what is now the new staple of SEC enforcement, the typical case alleges that the individual defendants …

AN USUAL INVESTMENT FUND FRAUD COMPLAINT Read More »

SEC Enforcement won another favorable verdict following a five-day bench trial in SEC v. U.S. Pension Trust Corp., Civil Action No. 07-22570 (S.D. Fla. Filed Sept. 28, 2007). The court found defendants U.S. Pension Trust Corp., U.S. College Trust Corp., …

SEC ENFORCEMENT PREVAILS AT TRIAL AGAIN Read More »