Litigation: SEC Obtains Default Judgment Against Technology Company in Multi-Million Dollar Securities Offering Fraud
January 17, 2024
January 17, 2024
WASHINGTON, Jan. 17 -- The Securities and Exchange Commission issued the following litigation release (No. 1:21-cv-11356; D. Mass. filed Aug. 19, 2021) involving Medsis International Inc., et al.:
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On January 3, 2024, the United States District Court for the District of Massachusetts entered a final judgment against start-up technology company Medsis International, Inc., ordering it to pay approximately $15,871,200 in disgorgement, prejudgment interest, and a civil . . .
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On January 3, 2024, the United States District Court for the District of Massachusetts entered a final judgment against start-up technology company Medsis International, Inc., ordering it to pay approximately $15,871,200 in disgorgement, prejudgment interest, and a civil . . .