SEC Obtains Final Consent Judgment as to Alleged Ex-Executive of Cannabis Company Charged in Fraudulent Offering
March 18, 2026
March 18, 2026
WASHINGTON, March 18 -- The Securities and Exchange Commission issued the following litigation release (No. 2:23-cv-05379; C.D. Cal. filed Mar. 16, 2023) involving ex-executive of a cannabis company charged in fraudulent offering:
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On March 13, 2026, the U.S. District Court for the Central District of California entered a final judgment by consent as to J. Bernard Rice, an alleged former executive of American Patriot Brands, Inc., a cannabis company, in connection . . .
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On March 13, 2026, the U.S. District Court for the Central District of California entered a final judgment by consent as to J. Bernard Rice, an alleged former executive of American Patriot Brands, Inc., a cannabis company, in connection . . .