SEC Files Settled Action as to Real Estate Investment Manager, Its President for Allegedly Making Untrue Statements to Retail Investors
June 06, 2026
June 06, 2026
WASHINGTON, June 6 -- The Securities and Exchange Commission issued the following litigation release (No. 3:26-cv-01846-B; N.D. Tex. filed June 4, 2026):
* * *
Securities and Exchange Commission v. Phoenix American Hospitality, LLC and William Lee "Perch" Nelson, No. 3:26-cv-01846-B (N.D. Tex. filed June 4, 2026)
On June 4, 2026, the Securities and Exchange Commission filed a settled action as to Phoenix American Hospitality, LLC, a Texas-based ma . . .
* * *
Securities and Exchange Commission v. Phoenix American Hospitality, LLC and William Lee "Perch" Nelson, No. 3:26-cv-01846-B (N.D. Tex. filed June 4, 2026)
On June 4, 2026, the Securities and Exchange Commission filed a settled action as to Phoenix American Hospitality, LLC, a Texas-based ma . . .