Category: SEC

Short-sellers and fraud allegations

01/26/2021
Hilder & Associates, P.C
SEC

Taking a short position in an equity can produce considerable gains for individual traders and large brokerages. In many instances, it can be far easier and more profitable to predict a sharp drop of a company’s share price than…

Supreme Court Limits SEC’s Ability to Recoup Profits from Fraud

06/23/2020
Hilder & Associates, P.C
SEC, White Collar Crimes

On June 22, 2020, The Supreme Court affirmed the Securities and Exchange Commission’s (“SEC’) ability to force defendants to forfeit money acquired through wrongdoing, but placed new limits on its disgorgement practice. The Supreme Court held in an 8-to-1…

Texas State Securities Board Order Shuts Down Cryptocurrency Mining Company’s Fraudulent COVID-19 Charity Sales Pitch

04/13/2020
Hilder & Associates, P.C
SEC, White Collar Crimes

The Texas State Securities Board (TSSB) filed an Emergency Cease and Desist Order against Ultra BTC Mining and Laura Branch on April 8, 2020, alleging the cryptocurrency mining company promised to double investors’ money in one year while also…

Category

Archives