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Litigation: SEC Obtains Final Judgment Against California Trader Engaged in Manipulative Trading Scheme Involving COVID-19 Claims
April 04, 2024
WASHINGTON, April 4 -- The Securities and Exchange Commission issued the following litigation release (No. 5:20-cv-03788; N.D. Cal. filed June 9, 2020) involving Jason Nielsen:

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On March 28, 2024, the Securities and Exchange Commission obtained a final judgment against Jason C. Nielsen.

According to the SEC's complaint, beginning around March 2, 2020, Nielsen attempted to drive the stock price of Arrayit Corporation securities higher using online posts . . .

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