Thursday - November 21, 2024
Litigation: SEC Obtains Final Judgment Against Defendant for Receiving Kickbacks in Bribery Scheme
November 19, 2024
WASHINGTON, Nov. 19 -- The Securities and Exchange Commission issued the following litigation release (No. 1:19-cv-5631; E.D.N.Y. filed Oct. 4, 2019) involving Auerbach, et al.:

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On November 15, 2024, the Securities and Exchange Commission obtained a final judgment against defendant Richard Brown for accepting kickbacks in an alleged scheme to defraud investors.

The SEC's complaint, filed in the Eastern District of New York on October 4, 2019, alleged . . .

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