The SEC filed a fraud action against Edward Ellis, Sr. and Jennifer Seidel, alleging that the two defrauded investors in connection with the purchase of shares in their company, Sederon, Inc. SEC v. Ellis, Civil Action No. 12-cv-1203 (E.D. Pa. …
Year: 2012
THIS WEEK IN SECURITIES LITIGATION (Week ending March 9, 2012)
This week the Commission announced three victories in court and filed four new civil injunctive actions. At the same time long simmering matters moved forward. Reuters reports that the new DOJ task force, created in the wake of the President’s …
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Tagged with: financial crisis, financial fraud, Insider trading, investment adviser fraud, SEC budget, secactions