In the 2016, two Russian companies were prosecuted for their alleged interference in the U.S. presidential election. Robert Mueller originally filed the case, which has now been dismissed by U.S. District Judge Dabney L. Friedrich. The dismissal has raised a number of additional questions. White collar expert, Braden Perry, is highlighted in Law360’s article on
The Consumer Data Privacy and Security Act is a bill by Kansas Republican Sen. Jerry Moran, one of the many privacy bills in Congress right now. If the bill is passed, it would add 440 employees to the FTC’s 1,000-plus workforce. Kennyhertz Perry partner, Braden Perry, is featured in a Washington Examiner article discussing Moran’s
Alcohol producer Diageo plc, has been charged by the Securities and Exchange Commission (SEC) for violating antifraud provisions of Section 17(a)(2) and (3) of the Securities Act of 1933 and particular reporting provisions of the federal securities laws. Diageo’s lack of necessary disclosure of trending shipments and sales, has lead to a misleading idea of
A civil enforcement action was filed today in the U.S. District Court for the Eastern District of Missouri against Joshua Christian McDonald, and his company Perfection PR Firm LLC (PPR), by the Commodity Futures Trading Commission. McDonald’s company, out of California and Tennessee, was charged for an off-exchange foreign currency trading scheme of fraud and
On February 13th, the Commodity Futures Trading Commission (CFTC) announced a filing and charges against Matthew R. White of M.W. Global Futures LLC (MWGF) for fraud. MWGF requested and obtained money from six pool participants, and then went on to use the funds in his personal bank and trading accounts. Only a small amount of
On February 11th, Q3 Holdings, LLC and Q3 I, LP and its principal, Michael Ackerman, were charged with over $33 million in a fraudulent digital asset scheme by the U.S. District Court of the Southern District of New York. The Commodity Futures Trading Commission (CFTC) made public the complaint, alleging that the defendants performed fraud
Alphabet Inc., Amazon.com, Inc., Apple, Inc., Facebook, Inc. and Microsoft Corp. were issued Special Orders from the Federal Trade Commission (FTC) demanding they make available information and documents on acquisitions unreported to antitrust agencies under the Hart-Scott-Rodino (HSR) Act. The order requests documents discussing terms, scope, structure and reason for transactions from these big name
Magnify Money posted an article today discussing binary options, and how to simplify the understanding of them. In short, binary options are a form of options trading that comes with one of two payoff options: a fixed amount or none at all. They are a financial instrument based on the value of an underlying asset,
Jeffrey and Paulette Carpoff, out of California, were charged by the Securities and Exchange Commission(SEC) for organizing an almost billion-dollar Ponzi scheme including alternative energy tax credits. The couple raised an estimated amount of $910 million from seventeen investors, over the years of 2011-2018 as stated by the SEC’s complaint. Through the couple’s two solar
On December 13, 2020, the Federal Trade Commission moved to shut down “Success By Health“, an instant coffee pyramid scheme. The company claims to offer guaranteed wealth and income for consumers who join the scheme. After a complaint was filed in federal court, the FTC asserts that the company “Success By Health” have collected over
On January 3, 2020, the NFA distributed a letter on behalf of the CFTC to all registrants. The letter addresses serious issues raised by the WSJ as it relates to cloud service providers that may have been compromised by a series of hacking attacks. The CFTC is requesting that any CPOs, CTAs, IBs and RFEDs
Perry, among other professionals, discusses high-profile Initial Coin Offerings “ICO” cases this year and potential effective regulatory clarity in the cryptocurrency industry in Finance Magnates article posted today. “The high-profile filings by the SEC show that they are increasing their scrutiny on the space,” said Braden Perry, Government Investigations and Corporate Governance Counselor at Kennyhertz
