Actions brought by the Commission typically focus on issuers – firm’s whose shares are registered for trading and listed on exchanges. The agency also brings actions against privately held companies, however, a point that is often overlooked. See, e.g., SEC …
SEC Resolves Financial Fraud Action with CEO, CFO of Private Firm Read More »
The SEC filed another offering fraud action, a current staple of the agency. This scheme centered on two former executives of a privately held software manufacturer and a marketer who sold investors interests in various private entities they controlled which …
SEC Files Offering Fraud Action Centered on Warrants From Private Firm Read More »