Pump-and-dump schemes taking advantage of unsuspecting investors have long been a Commission staple. Over the years the agency has brought an almost continuous stream of these cases, all with a familiar pattern: The manipulator secretly gets control of the shares, …
Tag: COVID-19
This Week In Securities Litigation (Week of May 18, 2020)
The Commission is focusing its enforcement program, at least in part, on COVID-19. This week the regulator filed two fraud actions centered on solicitations by firms related to on virus. Neither case settled. A co-director of enforcement discussed these efforts …
This Week In Securities Litigation (Week of May 18, 2020) Read More »