Litigation: SEC Vs. Lester Burroughs - SEC Obtains Final Judgement Against Connecticut Investment Adviser Who Misappropriated Funds From Clients
April 22, 2021
April 22, 2021
WASHINGTON, April 22 -- The Securities and Exchange Commission issued the following litigation release (No. 3:19-cv-01913; D. Conn. filed December 4, 2019):
The Securities and Exchange Commission today announced the entry of a final judgment against former Connecticut investment adviser Lester Burroughs.
The SEC's complaint, filed on December 4, 2019, alleged that Burroughs engaged in a scheme to defraud retail investors by selling fictitious financial products and misa . . .
The Securities and Exchange Commission today announced the entry of a final judgment against former Connecticut investment adviser Lester Burroughs.
The SEC's complaint, filed on December 4, 2019, alleged that Burroughs engaged in a scheme to defraud retail investors by selling fictitious financial products and misa . . .