SEC Charges Boiler Room Operator, 3 Entities With Defrauding Retail Investors in $74 Million Pre-IPO Investment Scam
August 18, 2026
August 18, 2026
WASHINGTON, Aug. 18 -- The Securities and Exchange Commission issued the following litigation release:
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Securities and Exchange Commission v. Andrew Spaventa, The Spaventa Group LLC, TSG Capital Advisors LLC, and TSG Alpha Partners LLC, No. 26-civ-06958 (S.D.N.Y. filed Aug. 14, 2026)
On August 14, 2026, the Securities and Exchange Commission charged New York resident Andrew Spaventa and three entities he owned and controlled with fraud and other violat . . .
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Securities and Exchange Commission v. Andrew Spaventa, The Spaventa Group LLC, TSG Capital Advisors LLC, and TSG Alpha Partners LLC, No. 26-civ-06958 (S.D.N.Y. filed Aug. 14, 2026)
On August 14, 2026, the Securities and Exchange Commission charged New York resident Andrew Spaventa and three entities he owned and controlled with fraud and other violat . . .