Litigation: SEC Vs. Daniel Markel
January 17, 2020
January 17, 2020
WASHINGTON, Jan. 17 -- The Securities and Exchange Commission issued the following litigation release (No. 2:20-cv-00502; C.D. Cal. Filed Jan. 17, 2020):
The Securities and Exchange Commission filed settled fraud charges against Daniel Markel, whose company raised more than $7.7 million from more than 100 investors in an unregistered securities offering. During the offering, Markel and his company fraudulently concealed that the device it used for patient treatment was manufactured . . .
The Securities and Exchange Commission filed settled fraud charges against Daniel Markel, whose company raised more than $7.7 million from more than 100 investors in an unregistered securities offering. During the offering, Markel and his company fraudulently concealed that the device it used for patient treatment was manufactured . . .