Saturday - November 23, 2024
Litigation: SEC Obtains Final Judgments in Microcap Fraud Case
October 01, 2024
WASHINGTON, Oct. 1 -- The Securities and Exchange Commission issued the following litigation release (No. 3:23-cv-00125; D. Conn., filed Feb. 1, 2023) involving Ameritrust Corp., et al. and Seong Yeol Lee:

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The Securities and Exchange Commission announced that on September 27, 2024, the U.S. District Court for the District of Connecticut entered judgment against the estate of defendant Seong Yeol Lee in a microcap fraud case filed by the SEC in 2023. The judgment o . . .

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