Month: March 2018

The SEC prevailed on a summary judgment motion against Steven Metro, the key figure in the Grand Central insider trading case. The Court entered an injunction and imposed a $25,000 penalty, far less than the $2 million requested by the …

This Week In Securities Litigation (Week ending March 23, 2018) Read More »

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Since a priority for the Commission’s Enforcement Program is retail investors, a key area of focus is microcap fraud. Recently the agency filed two related microcap fraud actions centered on an FBI sting operation. SEC v. Beaufort Securities Litd., Civil …

SEC Charges UK Broker, Others With Manipulation Read More »

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