The Securities and Exchange Commission (SEC) has filed a complaint against Cedric Dewayne Griffin for alleged involvement in a fraudulent securities offering. According to the SEC, Griffin raised around $5.9 million from at least 103 investors, mainly targeting members of the African-American community in Jacksonville, Florida, and other areas. The complaint accuses Griffin of luring [...]

Brett M. Bartlett, his father-in-law Scott A. Miller, and their companies have been charged by the Securities and Exchange Commission (SEC) for engaging in fraudulent securities offerings that raised over $20.5 million, which was misused for personal expenses. The SEC's complaint alleges that Bartlett and Miller raised funds from more than 1,000 investors nationwide by [...]

Stanley Black & Decker, Inc. ("Stanley") is facing a securities class action lawsuit for allegedly violating federal securities laws by making misleading statements and omissions related to the company's business, operations, and prospects. The lawsuit alleges that the company's investors suffered significant losses due to Stanley's materially misleading statements and omissions. On October 28, 2021, [...]

A lawsuit has been filed against Medical Properties Trust (MPW). The complaint alleges that the defendants engaged in deceptive practices by misrepresenting the financial state of Medical Properties. Specifically, the company used sale-leaseback agreements to mask the financial distress of its tenants, allowing them to meet their obligations in the short term. Additionally, the defendants [...]

A lawsuit has been filed against Edgio, Inc. (formerly known as Limelight Networks, Inc.) in the United States District Court for the District of Arizona. The case, Esfandiari v. Edgio, Inc., et al., Case No. 2:23-cv-00691, represents those who purchased or acquired Edgio securities (NASDAQ: EGIO) between February 11, 2021 and March 12, 2023 (the [...]

The Securities Exchange Act of 1934 was allegedly violated by Credit Suisse Group AG (NYSE: CS) and a few of its senior employees, according to the Credit Suisse class action lawsuit. CASE ALLEGATIONS: Credit Suisse provides risk management solutions, such as managed investment products, wealth planning, succession planning, and trust services. It also provides wealth [...]

Charges of fraud have been brought by the Securities and Exchange Commission against Charles Winn LLC, its senior managers, Aaron David Scott-Britten (also known as Aaron David, Aaron Scott, and Aaron David K. Britten), and Ohran Emmanuel Stewart (also known as Elliott Stewart), as well as Casey Alexander, a senior sales representative of Charles Winn, [...]

Bittrex, Inc., a crypto asset trading platform, and its co-founder and former CEO, William Shihara, have been charged by the Securities and Exchange Commission (SEC) for operating an unregistered national securities exchange, broker, and clearing agency. The SEC also charged Bittrex Global GmbH, a foreign affiliate of Bittrex, Inc., for failing to register as a [...]

Plug Power Inc. is facing a lawsuit filed in the United States District Court for the District of Delaware. The lawsuit has been filed on behalf of all persons and entities who purchased or acquired Plug securities between August 9, 2022, and March 1, 2023. The investors have time until June 12, 2023, to apply [...]