SEC Litigation: Court Enters Final Judgment Against Ex-North Carolina Fund Manager in Case Involving Undisclosed Conflicts of Interest
May 01, 2024
May 01, 2024
WASHINGTON, May 1 -- The Securities and Exchange Commission issued the following litigation release (No. 3:22-cv-00246; W.D.N.C. filed May 31, 2022) involving Martin Sumichrast:
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On April 29, 2024, the U.S. District Court for the Western District of North Carolina entered final judgment against North Carolina resident Martin A. Sumichrast.
The SEC's complaint in this litigation alleged that Sumichrast became the sole manager of Stone Street Partners, L . . .
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On April 29, 2024, the U.S. District Court for the Western District of North Carolina entered final judgment against North Carolina resident Martin A. Sumichrast.
The SEC's complaint in this litigation alleged that Sumichrast became the sole manager of Stone Street Partners, L . . .