Like Elsa, the Princess in Disney’s classic Frozen, once again the Securities and Exchange Commission (SEC) has utilized its power to freeze. In this case, the freezing of assets. In what has become an increasingly common...more
10/12/2017
/ Asset Freeze ,
Civil Monetary Penalty ,
EB-5 ,
Enforcement Actions ,
Foreclosure Sales ,
Foreign Investment ,
Green Cards ,
Investors ,
Misallocation of Funds ,
Securities and Exchange Commission (SEC) ,
Securities Fraud
The flurry of federal suits filed by the U.S. Securities and Exchange Commission (SEC) in the past few months against several companies and individuals for alleged fraud and false statements in soliciting foreign investors...more
This week a jury in the U.S. District Court for the Southern District of New York rendered a guilty verdict against the former SAC portfolio manager on two counts of securities fraud and one count of conspiracy to commit...more