Litigation: SEC Vs. Bajic - Court Orders Judgments of Over $30 Million Against Entities, Individuals That Facilitated International Microcap Scheme
December 03, 2020
December 03, 2020
WASHINGTON, Dec. 3 -- The Securities and Exchange Commission issued the following litigation release (No. 20-cv-00007; S.D.N.Y. filed January 2, 2020):
On November 20 and 23, 2020, a federal court in New York entered final judgments against Rajesh Taneja, Aaron Dale Wise, and Christopher McKnight for their roles in a scheme that generated more than $35 million of illegal sales of stock in at least 45 microcap companies. Among other things, the court ordered Taneja and Wise to pay a . . .
On November 20 and 23, 2020, a federal court in New York entered final judgments against Rajesh Taneja, Aaron Dale Wise, and Christopher McKnight for their roles in a scheme that generated more than $35 million of illegal sales of stock in at least 45 microcap companies. Among other things, the court ordered Taneja and Wise to pay a . . .