Thursday - November 21, 2024
Litigation: SEC Charges 4 Individuals Behind $56 Million Multi-Year Microcap Fraud Scheme
August 10, 2024
WASHINGTON, Aug. 10 -- The Securities and Exchange Commission issued the following litigation release (No. 4:24-cv-02971; S.D. Tex. filed Aug. 9, 2024) involving Kevan Casey et al.:

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On August 9, 2024, the Securities and Exchange Commission filed a complaint in the United States District Court for the Southern District of Texas charging four individuals with fraud in an alleged scheme to secretly acquire millions of shares of microcap stocks and generate approximat . . .

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