Securities and Exchange Commission vs. E. Herbert Hafen
September 05, 2019
September 05, 2019
WASHINGTON, Sept. 5 -- The Securities and Exchange Commission issued the following litigation release:
On September 4, 2019, the Securities and Exchange Commission charged Connecticut resident E. Herbert Hafen with defrauding multiple retail clients by misappropriating approximately $1.6 million of client assets. In a parallel action, the U.S. Attorney's Office for the Southern District of New York announced criminal charges against Hafen.
According to the SEC's complai . . .
On September 4, 2019, the Securities and Exchange Commission charged Connecticut resident E. Herbert Hafen with defrauding multiple retail clients by misappropriating approximately $1.6 million of client assets. In a parallel action, the U.S. Attorney's Office for the Southern District of New York announced criminal charges against Hafen.
According to the SEC's complai . . .