SEC Charges 3 Brothers With Allegedly Manipulating 2 Pharma Company Stocks & Carrying Out $41 Million Insider Trading Scheme With 3 Friends
January 07, 2026
January 07, 2026
WASHINGTON, Jan. 7 -- The Securities and Exchange Commission issued the following litigation release (No. 2:25-cv-18864; D.N.J. filed Dec. 22, 2025):
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Securities and Exchange Commission v. Muhammad Saad Shoukat, et al., No. 2:25-cv-18864 (D.N.J. filed Dec. 22, 2025)
The Securities and Exchange Commission charged three Pakistani and U.S. nationals Muhammad Saad Shoukat, Muhammad Arham Shoukat, and Muhammad Shahwaiz Shoukat, with allegedly perpetrating t . . .
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Securities and Exchange Commission v. Muhammad Saad Shoukat, et al., No. 2:25-cv-18864 (D.N.J. filed Dec. 22, 2025)
The Securities and Exchange Commission charged three Pakistani and U.S. nationals Muhammad Saad Shoukat, Muhammad Arham Shoukat, and Muhammad Shahwaiz Shoukat, with allegedly perpetrating t . . .