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7 Jun

New Emails show attorney Harvey Kesner aided Defrancesco in Questionable Cannabis stock Deal: $APHA $SOLCF

Just days after Canadian cannabis company Aphria announced it was paying an exorbitant price for undeveloped marijuana farms in Jamaica and South America from Scythian Biosciences an insider, Andy DeFrancesco, was using Barry Honig's deal lawyer to move hidden shares within his family. I am reporting for Cannabis Law Report today that new emails written by attorney Harvey Kesner on behalf of the DeFrancescos could show how the insiders skirt beneficial ownership disclosure rules. I reported last … Continue

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30 May

Andy Defrancesco sued for Securities Fraud for role in Aphria: $APHA

Cannabis financier and Sol Global chairman Andrew Defrancesco is front and center of a 90-page securities fraud lawsuit filed in New York federal court this week. Defrancesco, a resident of South Florida has been publicly fighting recent press reports and a short sale research paper both questioning the legality of his investments in multiple publicly traded cannabis companies. The current lawsuit is being ligated by Adam Apton of Levi & Korsinsky LLP on behalf of shareholders who lost millions … Continue

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24 May

Federal Judge Rules against XpresSpa Plaintiffs in Securities Fraud Lawsuit: $XSPA

A federal judge has ruled the securities fraud case against XpresSpa directors and investors Richard Abbe and Bruce Bernstein can not go forward. U.S. District Court Judge Stanton ruled for the defendants motion of summary judgement this week. The plaintiffs in the suit, Morton and Marisol Binn, are the founders of the airport spa biz. […]

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22 May

SEC admits Team Honig is under the criminal investigation I warned about in 2016

The Securities and Exchange Commission has now confirmed there is a parallel investigation into the Team of bad actors that work with Barry C. Honig in the microcap pump and dump ring he allegedly leads. I was first to report in the fall of 2016 that the San Francisco Dept. of Justice was investigating this […]

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14 May

Judge says Honig’s attorney Harvey Kesner can be Sued for Fraud and Malpractice : $MBVX

A California federal judge has ruled former Sichenzia Ross Ference LLP attorney Harvey Kesner can be sued for fraud in a malpractice suit filed by biopharma firm Mabvax. Mabvax says whiles attorney Kesner was working for them he didn’t disclose a conflict of interest in his role advising Barry Honig who was an investor in […]

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9 May

Court Filing Doesn’t show Barry Honig called off SEC settlement

Tuesday night a couple of CNBC reporters got followers of the Barry C. Honig pump and dump fraud case doing a double take after Scott Zamost, Ritika Shah and Jennifer Schlesinger reported Honig’s settlement deal for securities fraud with the Securities and Exchange Commission was off the table. The remaining defendants in the case had […]

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7 May

Ex-Hedge Funder Mark Nordlicht Bail Revocation for Intimidation is Reversed

The Eastern District of New York’s attempt to jail Mark Nordlicht, of now defunct Platinum Partners, for the remaining of his hedge fund fraud trial has failed. Today at the end of trial, U.S. District Judge Cogan reversed his decision to revoke Nordlicht’s bond, which sent him to Brooklyn’s rough jailhouse last night known as […]

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3 May

Federal Judge Halts Rockmore Capital Bruce Bernstein plan to seize XpresSpa Assets : $XSPA

A federal judge has stopped Hedge fund manager Bruce Bernstein of Rockmore Capital from gutting the assets and cash of XpresSpa Group by issuing a temporary restraining order on Monday against Rockmore’s move to manufacture a default on a $6.5 million senior secured note against the Airport spa business. Because the asset of the public […]

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