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Judge loses patience with Ossining penny stock fraudster Edward Bronson

Bronson had "forfeited the 'good faith' defense long ago," judge Karas said, "based on his failure to honor his promise to make prior payments and based on his suspect testimony at the last hearing. So, he either makes the remainder of the payment he currently owes by noon on Jan. 19, 2022, or he will go to prison."

Steve Cohen invests in 24/7 stock exchange startup

24 Exchange is awaiting SEC approval to launch its platform.

Mount Kisco lawyer sanctioned in pump-and-dump stock scheme

Although Peter DiChiara helped Morrie Tobin of Los Angeles devise a scheme that "appeared to be ordinary trading," according to the SEC civil complaint, it "was actually a massive dump of shares by a company insider ... seeking to profit at the expense of defrauded investors."

SEC says New Roc man defrauded Grail Movement followers

Amah told a client in 2016 that he projected annual returns of about $1 million by the third year, when he had already lost more than half of the invested funds.

SEC censures Dynamic Trading of White Plains for late report

Dynamic missed the deadline, according to the cease and desist order, and the SEC warned the firm twice. On March 2, eight months overdue, it delivered a 12-page report to existing clients.

Westport man sentenced for defrauding investors, lying to SEC

Barton Stuck is scheduled to report to prison on June 24.

Embattled Tronox chief Quinn replaced by two CEOs

John D. Romano and Jean-François Turgeon had been interim co-CEOs since December.

XPO Logistics moves closer to spin-off with new name, SEC filing

If approved, GXO Logistics Inc. will be the second-largest contract logistics provider in the world.

SEC charges Stamford’s Revolution Lighting with accounting fraud

Four executives have consented to judgments permanently enjoining them from future violations of the charged provisions and requiring them to pay penalties.

Pace law professor Elissa Germaine named to SEC committee

When the Securities and Exchange Commission's Investor Advisory Committee meets May 21, one of its new members will be a professor from Pace University's...

Bronxville penny stock schemer banned from market and fined $2.5M

The SEC accused Fiore in a 2018 lawsuit of engaging in market manipulation schemes that produced more than $11.5 million in illicit proceeds from stock transactions.

Stamford’s REINNO looks to disrupt real estate investing with tokenization

“Most of our competitors just do the tokenization,” co-founder Barry Moniês says. “But we do that, plus we’re a lender, plus we’re going to be launching our own marketplace, a Craigslist for tokenized properties if you will.”

Scarsdale bankruptcy expert files for bankruptcy protection

Joseph Sarachek describes himself as “one of the foremost authorities in the trading of privately held distressed debt.”

SEC and prosecutor say Haitian investment scheme was $2M fraud

“Pierre fraudulently obtained millions of dollars from investors (by) promising impossibly high returns from securities trading,” the SEC complaint states.

Revolution Technologies affirms accounting errors; several employees to be fired

Previously filed financial statements are now being revised.