Wednesday - May 1, 2024
Litigation: SEC Obtains Final Judgment Against Infinity Q's Ex-Senior Officer for Role in Massive Valuation Fraud
April 16, 2024
WASHINGTON, April 16 -- The Securities and Exchange Commission issued the following litigation release (No. 1:22-cv-08368; S.D.N.Y. filed Sept.30, 2022) involving Scott Lindell:

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On April 12, 2024, the Securities and Exchange Commission obtained a final judgment against defendant Scott Lindell, whom the SEC previously charged with misconduct concerning a more than $1 billion overvaluation scheme. Lindell is a former senior officer of SEC-registered investment advis . . .

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