SEC-NEWS-2501 — Litigation Releases — January, 2025 (2025)
Source: https://www.sec.gov (PR) (LR)
SEC Press Releases (PR) are official announcements that highlight recent actions taken by the Securities and Exchange Commission (SEC), providing important updates on regulatory changes, enforcement actions, and other newsworthy information relevant to investors and the financial markets. These releases serve to inform the public about significant developments, such as new initiatives or changes in policy. On the other hand, SEC Litigation Releases (LR) summarize enforcement actions filed by the SEC in federal district courts against individuals or entities accused of violating securities laws. These releases detail the nature of the allegations, the parties involved, and the outcomes of the cases, thereby enhancing transparency and accountability in the financial system. Together, these releases play a crucial role in keeping the public informed about the SEC’s activities and the enforcement of securities regulations.
Jan. 31, 2025
- (LR-26233) – Max Infinity Management LLC d/b/a Max Infinity Fund; Max Infinity Venture Partners, Inc.; Elder Fund Management LLC; JJRP United Corp; Grand Level Consulting Inc.; John S. Cangialosi, Jr.; Peter N. Girgis; Gene “Jerry” Sarabella; Enrico A. “Ed” Carini; Caner “John” Otar; Chester E. “Chett” Scotland; and Franz H. Lambert
- (LR-26233) – Max Infinity Management LLC d/b/a Max Infinity Fund; Max Infinity Venture Partners, Inc.; Elder Fund Management LLC; JJRP United Corp; Grand Level Consulting Inc.; John S. Cangialosi, Jr.; Peter N. Girgis; Gene “Jerry” Sarabella; Enrico A. “Ed” Carini; Caner “John” Otar; Chester E. “Chett” Scotland; and Franz H. Lambert
Jan. 30, 2025
Jan. 29, 2025
- (PR-2025-33) – Extension of Form PF Amendments Compliance Date
Jan. 28, 2025
- (PR-2025-32) – SEC Publishes Annual Staff Report on Nationally Recognized Statistical Rating Organizations
Jan. 24, 2025
- (LR-26232) – Alexander C. Beckman and Valerie H. Lau
- (PR-2025-31) – Acting Chairman Mark T. Uyeda Names Acting Senior Staff
Jan. 22, 2025
- (LR-26231) – Gabriel Rebeiz
Jan. 21, 2025
- (LR-26230) – Old South Trading Co., LLC; Brendan H. Church; Edwin N. (“Chuck”) Church
- (PR-2025-29) – Mark T. Uyeda Named Acting Chairman of the SEC
- (PR-2025-30) – SEC Crypto 2.0: Acting Chairman Uyeda Announces Formation of New Crypto Task Force
Jan. 18, 2025
- (LR-26229) – Nova Labs, Inc.
Jan. 17, 2025
- (LR-26224) – Scott Jeffrey Mason; Rubicon Wealth Management, LLC; Orchard Park Real Estate Holdings LLC
- (LR-26225) – American Equities, Inc., American Eagle Mortgage Management, LLC, Ross C. Miles, and Maureen T. Wile
- (LR-26226) – Quest Education L.L.C.; Daniel Blue; David Christopher White; Keitoh Jordan Spears
- (LR-26227) – Naufal Sanaullah
- (LR-26228) – Arete Wealth Management LLC; Arete Wealth Advisors LLC; Joey Miller; Jeffrey Larson; Randall Scott Larson; UnBo Chung
- (PR-2025-16) – SEC Charges Pair of Wells Fargo Advisory Firms and Merrill Lynch with Compliance Failures Relating to Cash Sweep Programs
- (PR-2025-17) – SEC Charges LPL Financial with Anti-Money Laundering Violations
- (PR-2025-18) – SEC Charges GrubMarket with Overstating Revenue to Investors by More Than $500 Million
- (PR-2025-19) – SEC Charges Paul McCabe and PMAC Consulting with Acting as Unregistered Brokers for Pre-IPO Stocks
- (PR-2025-20) – SEC Charges Pennsylvania Investment Adviser Scott Mason With Misappropriating More Than $20 Million from Advisory Clients
- (PR-2025-21) – Vanguard to Pay More Than $100 Million to Resolve Violations Related to Target Date Retirement Funds
- (PR-2025-22) – SEC Charges Digital Currency Group and Soichiro “Michael” Moro, Former CEO of Genesis Global Capital, for Misleading Investors about Genesis’s Financial Condition
- (PR-2025-23) – SEC Announces Departure of Chief of Staff Amanda Fischer
- (PR-2025-24) – SEC Policy Director Corey Klemmer to Step Down
- (PR-2025-25) – SEC Announces Departure of Public Affairs Head Scott Schneider
- (PR-2025-26) – SEC Announces Record Enforcement Actions Brought in First Quarter of Fiscal Year 2025
- (PR-2025-27) – SEC Charges Arete Wealth Broker-Dealer and Advisory Firms, Their Chief Compliance Officer, and Several Representatives in Connection With Illegal Securities Offering
- (PR-2025-28) – SEC Announces Departure of Acting Enforcement Director Sanjay Wadhwa
Jan. 16, 2025
- (LR-26222) – Andrew Hackett
- (LR-26223) – Eric Zhu
- (PR-2025-13) – SEC Announces Departure of General Counsel Megan Barbero
- (PR-2025-14) – SEC Announces Departure of Director of International Affairs YJ Fischer
- (PR-2025-15) – SEC Charges Two Sigma for Failing to Address Known Vulnerabilities in its Investment Models
Jan. 15, 2025
- (LR-26220) – Morningview Financial, LLC, Miles M. Riccio, and Joseph M. Riccio, Jr.
- (LR-26221) – Plutus Lending, LLC d/b/a Abra
- (PR-2025-10) – SEC Monitoring Impact of California Wildfires on Capital Markets
- (PR-2025-11) – SEC Announces Departure of Chief Economist Jessica Wachter
- (PR-2025-12) – SEC Charges Four Individuals for Long-Running Scheme to Unlawfully Trade in Advance of Numerous Follow-On Offerings
Jan. 14, 2025
- (LR-26216) – Joecool.com, LLC, Joseph Ariel Haber, and Robert Tye Cournoyer
- (LR-26217) – Hari Prasad Sure, et al.
- (LR-26218) – Alfred V. Tobia, Jr. and Elizabeth Lee
- (LR-26219) – Elon R. Musk
- (PR-2025-7) – Three Investment Adviser Representatives Settle SEC Charges for Acting as Unregistered Brokers
- (PR-2025-8) – SEC Charges Advisory Firm Navy Capital With Misrepresenting Its Anti-Money Laundering Procedures to Investors
- (PR-2025-9) – SEC Announces Chief Accountant Paul Munter to Retire From Federal Service This Month
Jan. 13, 2025
- (LR-26214) – William K. Ichioka
- (LR-26215) – Ashford Inc
- (PR-2025-3) – SEC Charges BMO Capital Markets with Failing to Supervise Agency Bond Desk
- (PR-2025-4) – SEC Charges Former Public Company Officer and His Sister-In-Law with Insider Trading
- (PR-2025-5) – Two Robinhood Broker-Dealers to Pay $45 Million in Combined Penalties for Violating More Than 10 Separate Securities Law Provisions
- (PR-2025-6) – Twelve Firms to Pay More Than $63 Million Combined to Settle SEC’s Charges for Recordkeeping Failures
Jan. 10, 2025
- (PR-2025-1) – Vince McMahon, Former CEO of WWE, Charged for Failure to Disclose to WWE Two Settlement Agreements He Executed on Behalf of WWE
- (PR-2025-2) – Alternative Trading Systems Operator Liquidnet Charged with Violations of Market Access Rule and for Failing to Protect Confidential Subscriber Trading Information
Jan. 8, 2025
- (LR-26213) – Michael Caridi
Jan. 7, 2025
- (LR-26211) – Christopher S. Kirchner
- (LR-26212) – Leena Jaitley
Jan. 6, 2025
- (LR-26210) – Amit Dagar and Atul Bhiwapurkar
Jan. 3, 2025
Jan. 2, 2025
- (LR-26207) – Theodore J. Farnsworth, J. Mitchell Lowe, and Khalid Itum
- (LR-26208) – Theodore J. Farnsworth