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Litigation: SEC Vs. Drew Morgan Ciccarelli - Commission Charges South Carolina Resident in Pump-And-Dump Scheme
October 01, 2020
WASHINGTON, Oct. 1 -- The Securities and Exchange Commission issued the following litigation release (No. 1:20-cv-11789; D. Mass. filed September 30, 2020):

The Securities and Exchange Commission today charged Charleston, South Carolina resident Drew Morgan Ciccarelli for his role in a pump-and-dump scheme in the stock of Rarus Technologies Inc, a former New York-based microcap issuer.

The Commission's complaint alleges that Ciccarelli was hired by a shareholder group t . . .

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