Securities and Exchange Commission

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Regulators Bust Conspiracy That Made Over $30 Million in Unlawful Insider Trading Profits

The SEC announced that it had obtained final judgments on consent against Jason Pflaum and Walter Shimoon in its insider trading case, SEC versus Marc Anthony Longoria. It was the SEC’s complaint in February 2011 that employees and consultants of an ‘expert network’ firm, Primary Global Research LLC, a New York based hedge fund, its […]

Ming Zhao, Chairman of Puda Coal, Inc. and Liping Zhu, its former CEO, were charged by the Securities and Exchange Commission with securities fraud for the theft of the company’s primary operating asset – its subsidiary, Shanxi Puda Coal Group Co. Ltd. According to the SEC complaint, Puda held an indirect 90 percent stake in […]

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LAS VEGAS – On February 21, 2012, the Securities and Exchange Commission announced that it had charged Steven L. Hamilton and his companies Covenant Capital Partners, Verde FX Nevada LLC and Verde Retirement LLC with running a series of illegal Ponzi schemes that cheated 23 or more investors out of $1.6 million. According to the […]

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