SEC Charges Former Executives With Fraud in Connection With $1.9 Billion Collapse of Subprime Auto Lender Tricolor
August 19, 2026
August 19, 2026
WASHINGTON, Aug. 19 -- The Securities and Exchange Commission issued the following litigation release:
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Securities and Exchange Commission v. Daniel Chu, Jerome Kollar, and Ameryn Seibold, No. 26-civ-7041 (S.D.N.Y. filed Aug. 18, 2026)
On August 18, 2026, the Securities and Exchange Commission charged Daniel Chu, Jerome Kollar, and Ameryn Seibold, the former CEO, CFO, and Senior Director of Finance, respectively, at Texas-based Tricolor Holdings LLC, f . . .
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Securities and Exchange Commission v. Daniel Chu, Jerome Kollar, and Ameryn Seibold, No. 26-civ-7041 (S.D.N.Y. filed Aug. 18, 2026)
On August 18, 2026, the Securities and Exchange Commission charged Daniel Chu, Jerome Kollar, and Ameryn Seibold, the former CEO, CFO, and Senior Director of Finance, respectively, at Texas-based Tricolor Holdings LLC, f . . .