Aryeh Goldstein thought he had found the holy grail. After forming Adar Bays, LLC in 2014 and later Adar Alef, LLC in 2018, business was lending money to penny stock companies. Those issuers were small with a stock price
Thomas O. Gorman
Tom has defended public companies and individuals in regulatory actions involving insider trading, market manipulation, financial fraud, corporate governance matters, accounting and auditing issues, FCPA issues, and similar matters. He has also defended securities class action and derivative suits and led teams conducting internal investigations focused on financial fraud and other securities law issues. He regularly speaks on, and publishes articles regarding, securities litigation issues including the FCPA, internal investigations, financial fraud and insider trading. He has been interviewed on these issues by the New York Times, Wall Street Journal, Washington Post, Financial Times, and other leading publications in addition to appearing on CNBC, CNN, and other TV networks. Tom publishes a widely-read securities blog, www.secactions.com, which analyzes trends in securities enforcement inquiries and litigation, and provides expert commentary for the LEXIS Securities web page. He serves as a member of the editorial board of the Securities Regulation Law Journal.
Latest from Thomas O. Gorman - Page 4
This Week In Securities Litigation (Week of January 22, 2024)
div> The Commission filed five new cases last week. Two centered on offering frauds, one on a market manipulation, another on the block trading rules and one focused on the whistleblower protection rules. Be careful, be safe this week. SEC…
Trends in SEC Enforcement 3Q23 – Part IV, Conclusion
The work of the SEC Enforcement Division during the third quarter of 2022 is impressive. The numbers and cases initiated during the period reflects a program reaching out to cover the vast U.S. capital markets. That effort should reassure not…
This Week In Securities Litigation (Week of January 16, 2024)
The Commission filed one new based on a market manipulation and a second centered on the FCPA. Be careful, be safe this week SEC Enforcement – Filed and Settled Actions Statistics: This week the Commission filed 1 new civil injunctive…
Trends in SEC Enforcement 3Q22 – Part III
This is the third segment of a four-part series on SEC enforcement trends during the third quarter of 2023. The first Part of the series focused on the number of cases filed by SEC enforcement during the quarter (here). It…
Trends in SEC Enforcement 3Q22 – Part II
This is the second part of a series analyzing trends in SEC enforcement during the third quarter of 2023. The first part of the series (here) focused on the number of cases filed during the period and the major categories…
This Week In Securities Litigation (Week of January 8, 2024)
Through the holidays the filing of new enforcement actions slowed. Similarly, the filing of new rule making projects slowed. With the end of that period look for increased enforcement activities and a flurry of rule making activity on existing and…
Trends in SEC Enforcement: 3Q23: Part I
Introduction This is the first installment of a four part series analyzing the trends in SEC enforcement during the third calendar quarter of 2023. The series will focus on the number of cases brought during the period and the types…
This Week In Securities Litigation (Week of January 3, 2024)
As the year drew to a close the Commission continued to file enforcement actions. Specifically, the agency filed actions centered on a misappropriation, policies and procedures and an offering frauds. SEC Whistleblowers: The SEC awarded over $28 million to seven…
This Week In Securities Litigation (Week of December 18, 2023)
As we move closer to the holidays and the end of the year, the Commission filed four new civil injunctive actions. One involved an offering fraud case, two centered on Ponzi schemes and one focused on a free riding scheme.…