SEC Settles Litigation With Silicon Valley Start-Up, Ex-CEO Charged With Defrauding Investors
July 14, 2026
July 14, 2026
WASHINGTON, July 14 -- The Securities and Exchange Commission issued the following litigation release (No. 5:20-cv-04855; N.D. Cal. filed July 20, 2020):
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Securities and Exchange Commission v. YouPlus, Inc. and Shaukat Shamim, No. 5:20-cv-04855 (N.D. Cal. filed July 20, 2020)
On July 10, 2026, the U.S. Securities and Exchange Commission filed consents and proposed final judgments as to Silicon Valley start-up company YouPlus, Inc. and its former chief . . .
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Securities and Exchange Commission v. YouPlus, Inc. and Shaukat Shamim, No. 5:20-cv-04855 (N.D. Cal. filed July 20, 2020)
On July 10, 2026, the U.S. Securities and Exchange Commission filed consents and proposed final judgments as to Silicon Valley start-up company YouPlus, Inc. and its former chief . . .