Securities Law

SEC Charges R.R. Donnelley & Sons Co. with Cybersecurity-Related Controls Violations

June 18, 2024

The Securities and Exchange Commission today announced that R.R. Donnelley & Sons Company (RRD), a global provider of business communication and marketing services, agreed to pay over $2.1 million to settle disclosure and internal control failure… Full report at: Read More

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SEC’s New Public Service Campaign Emphasizes Investor Protection

June 17, 2024

The Securities and Exchange Commission’s Office of Investor Education and Advocacy (OIEA) today unveiled its new public service campaign, which highlights investor protection and encourages investors to explore the free tools and resources on Investor.… Full report at: Read More

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Terraform and Kwon to Pay $4.5 Billion Following Fraud Verdict

June 13, 2024

The Securities and Exchange Commission today announced that Terraform Labs PTE, Ltd. and Do Kwon agreed to pay more than $4.5 billion following a unanimous jury verdict holding them liable for orchestrating a years-long fraud involving crypto asset… Full report at: Read More

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SEC Charges JAG Capital Advisors and its Founder Joshua Goltry with Defrauding Investors

June 12, 2024

The Securities and Exchange Commission today charged Joshua Goltry and his investment management firm, JAG Capital Advisors LLC (JAG Advisors), in connection with a three-year scheme to defraud investors of at least $3 million. According to the SEC’s… Full report at: Read More

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SEC Appoints Erica Y. Williams to a Second Term as PCAOB Chairperson

June 11, 2024

The Securities and Exchange Commission today announced the appointment of Erica Y. Williams to a second term as Chairperson of the Public Company Accounting Oversight Board (PCAOB) beginning on Oct. 25, 2024, and running through Oct. 24, 2029. “I thank… Full report at: Read More

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SEC Charges Founder of AI Hiring Startup Joonko with Fraud

June 11, 2024

The Securities and Exchange Commission today charged Ilit Raz, CEO and founder of the now-shuttered artificial intelligence recruitment startup Joonko, with defrauding investors of at least $21 million by making false and misleading statements about the… Full report at: Read More

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SEC Charges Three New Yorkers for Raising More Than $184 Million Through Pre-IPO Fraud Schemes

June 7, 2024

The Securities and Exchange Commission today charged three individuals with fraud for selling unregistered membership interests in LLCs that purported to invest in shares of pre-IPO companies, first on behalf of StraightPath Venture Partners LLC, the… Full report at: Read More

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SEC Invites Regulated Entities to Submit Self-Assessments of Diversity Policies and Practices

June 5, 2024

The Securities and Exchange Commission has commenced its biennial collection of Diversity Self-Assessment Submissions from Regulated Entities. Engaging in a self-assessment provides an opportunity for organizations to closely review their diversity and… Full report at: Read More

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SEC to Close Salt Lake Regional Office

June 4, 2024

The Securities and Exchange Commission today announced that it will close its Salt Lake Regional Office (SLRO) later this year, reducing its regional footprint from 11 regional offices to 10. The SLRO has long been the SEC’s smallest regional office and… Full report at: Read More

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SEC Charges Robert Scott Murray and Trillium Capital with Fraudulent Scheme to Manipulate Getty Images Stock

May 31, 2024

The Securities and Exchange Commission today charged Robert Scott Murray and Trillium Capital LLC, a private company controlled by Murray, with a fraudulent scheme to manipulate the stock price of Getty Images Holdings Inc. by announcing a phony offer by… Full report at: Read More

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