SEC Obtains Final Consent Judgment as to Individual in Alleged Microcap Fraud Scheme
July 18, 2026
July 18, 2026
WASHINGTON, July 18 -- The Securities and Exchange Commission issued the following litigation release (No. 20-cv-11092; D. Mass. filed June 9, 2020) involving an individual in an alleged microcap fraud scheme:
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On July 17, 2026, the United States District Court for the District of Massachusetts entered a final consent judgment as to Shane Schmidt in a previously-filed action against 11 defendants alleging a fraudulent microcap scheme.
The Commission� . . .
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On July 17, 2026, the United States District Court for the District of Massachusetts entered a final consent judgment as to Shane Schmidt in a previously-filed action against 11 defendants alleging a fraudulent microcap scheme.
The Commission� . . .