Menu
12 May

FINRA Investigation Confirmed: Laidlaw’s Execs Eitner & Ahern directed Securities Fraud

The securities regulator for U.S. broker dealers has confirmed the men who run Laidlaw & Company are currently under investigation for directing a person who worked for them to commit securities fraud involving at least two public companies. On March 6 2020, FINRA marked Laidlaw's president Matt Eitner, its Chief Compliance officer John Coolong, and the head of its investment banking business James Ahern as being under investigation. I was first to report on the level of misconduct and … Continue

No Comments
9 Mar

SEC gets Penny Stock bans for Florida men in Honig Pump & Dump scheme

The Securities and Exchange Commission has finalized the settlement deals for three members of Barry Honig's pump and dump securities fraud scheme. John Stetson, Michael Brauser, and John O'Rourke III all agreed to penny stock bans at varying degrees and to not hold more than 4.99% in a penny stock. The SEC settlement is seen as forgiving because the monetary fines and disgorgement amount to just over one million dollars for each defendant. Their co-defendant, billionaire Philip Frost was … Continue

1 Comment
27 Feb

Judge Dismisses Some SEC claims in Barry Honig Securities Fraud Case: $MGTI

A New York federal judge ruled this week that some of the charges against a defendant in the Barry Honig ring of pump and dump bad actors brought by the Securities and Exchange Commission will be dismissed. Judge Ramos ruled on February 25 that claims 3 and 4 of the SEC’s complaint relating to charging […]

Continue
No Comments
16 Jan

More Charges Coming for Barry Honig P&D Ring Defendants $MGTI

A defendant in the Barry Honig pump and dump securities fraud case disclosed last week the Securities and Exchange Commission is planing on filing additional charges. On Dec 5, 2019 Robert Ladd, CEO of MGT Capital ($MGTI) received a Wells Notice from the Regulator, which stated the new charges related to disclosure issues in public […]

Continue
No Comments
8 Jan

Torque Esports Battles Important Trademark Infringement Case Without Informing Investors: $GAME.V $MLLLF

An electronic gaming company, Torque Esports ($GAME.V) , is at risk of being forced to change it’s TV and event brand name, World’s Fastest Gamer, because a former country musician, Boo McAfee, has sued for trademark infringement and unfair competition. McAfee, who says he owns the trademark for World’s Fastest Drummer, had also developed a […]

Continue
1 Comment
31 Dec

Private Text shows Michael Serruya could be part of Misleading Aphria SEC Filing: $APHA $GGB

A private text exchange between an Aphria deal lawyer and a member of the board calls into question the accuracy of an regulatory filing with the Securities and Exchange Commission about a bid cannabis company Green Growth Brands made to takeover Aphria. The bid was deemed as ‘hostile’ by Aphria’s board early this year and […]

Continue
2 Comments
12 Dec

Shady Colorado CBD company Folium Biosciences described in Lawsuit attempting reverse merger with Australis : $AUSA $AUSAF

A Colorado Springs wholesale CBD company, Folium Biosciences, announced it is going public via a reverse merger with Australis Capital ($AUSA) this week. Australis Capital is a spin-off of Aurora Cannabis ($ACB) a large Canadian cannabis company. I have reported extensively on some troubling behavior of Folium’s CEO Kashif Shan at Cannabis Law Report. This […]

Continue
1 Comment
22 Nov

Defrancesco-Serruya Engineered Green Growth Brands takeover plan of Aphria: $APHA $GGB

Canadian cannabis company Aphria, run by Irwin Simon, continues to tout the narrative that another cannabis company backed by Ohio mega millionaires, the Schottenstein family, made an unsolicited and hostile take over offer of Aphria this January after the company was exposed for alleged corporate disclosure conflicts and overpaying for cannabis assets that were owned […]

Continue
No Comments
Next Page »