Tagged with "pump and dump"

Former Boca Raton Securities Attorney Receives 28 Months for Role in Pump-And-Dump Scheme

Posted on May 13th, 2019 at 5:02 PM
Former Boca Raton Securities Attorney Receives 28 Months for Role in Pump-And-Dump Scheme

A federal judge has sentenced former Boca Raton, Florida, securities attorney Mark Fisher to more than two years in prison for his role in a $1 million pump-and-dump scheme involving shares of a beauty supply company, Valentine Beauty Inc. Fisher also was ordered to forfeit $8.4 million in profits he received from the pump-and-dump scheme.

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Wedbush Securities Settles SEC Failure-To-Supervise Charges Related to Pump and Dump Scheme

Posted on March 15th, 2019 at 9:10 AM
Wedbush Securities Settles SEC Failure-To-Supervise Charges Related to Pump and Dump Scheme

Wedbush Securities, Inc. has agreed to settle an SEC administrative proceeding related to the firm’s failure to take action despite being aware that an employee was involved in a long-running pump-and-dump scheme.

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