There has not been much news regarding SEC enforcement lately, but today the SEC and DOJ both charged a founder of a Washington-based water vending machine manufacturer Water Station Management, LLC and two related companies...more
8/15/2025
/ Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Fiduciary Duty ,
Fraud ,
Institutional Investors ,
Investment Adviser ,
Investment Contract ,
Parallel Proceedings ,
Ponzi Scheme ,
Retail Investors ,
Securities and Exchange Commission (SEC) ,
Securities Fraud
Last year, the Court in SEC v. Terraform Labs suggested, by denying the defendants’ motion to dismiss, that the sale of a digital asset to the public on a secondary market may constitute a security. Now, the Court has...more
On April 1, 2021, the Texas State Securities Board (TSSB) announced the entry of a Consent Order against an SEC registered investment adviser named Independent Financial Group, LLC (“Independent”). The TSSB’s action may...more
Today the SEC announced that it has charged Swanson with his second-least-favorite thing: lying in the form of securities fraud. The SEC alleges that Ronald D. Swanson, the former chief executive officer and general counsel...more
In sports, it is often said that “winning cures everything.” The same concept applies to uncovering fraud. When the economy is strong and most investors are making money, there is little incentive to ask difficult questions...more