Article: Five Charged in Offering Fraud, Stock Manipulation, Ranging from Oil to Pot

Article - Media, Publications

Five Charged in Offering Fraud, Stock Manipulation, Ranging from Oil to Pot

Michael Katz, 30 April 2021

Five people have been charged in federal court for their involvement in two securities fraud schemes. According to prosecutors, the schemes involved an offering fraud of a Texas-based oil and gas company and the attempted manipulation of a cannabis company’s publicly traded stock.

An indictment was filed in the Eastern District of New York against Richard Dale Sterritt Jr., Michael Greer, Robert Magness, Mark Ross, and Robyn Straza charging them with conspiracy to commit securities fraud, wire fraud, and money laundering, among other offenses.

“Through a web of related schemes, Sterritt and his co-defendants allegedly stole millions of dollars from investors, attempted to manipulate a publicly traded stock and laundered the proceeds of their crimes through the purchase of luxury items like a Bentley,” Mark Lesko, acting US attorney for the Eastern District of New York, said in a statement. Continue reading “Article: Five Charged in Offering Fraud, Stock Manipulation, Ranging from Oil to Pot”

Article: Five Charged in Offering Fraud, Stock Manipulation, Money Laundering

Article - Media, Publications

Five Charged in Offering Fraud, Stock Manipulation, Money Laundering

Michael Katz, 23 April 2021

Five people have been charged in federal court for their alleged involvement in two securities fraud schemes. According to prosecutors, the schemes involved an offering fraud of a Texas-based oil and gas company and the attempted manipulation of a cannabis company’s publicly traded stock.

An indictment was filed in the Eastern District of New York against Richard Dale Sterritt Jr., Michael Greer, Robert Magness, Mark Ross, and Robyn Straza, charging them with conspiracy to commit securities fraud, wire fraud, and money laundering, among other offenses. Continue reading “Article: Five Charged in Offering Fraud, Stock Manipulation, Money Laundering”

Article: Pandemic May Disrupt Discovery In Credit Suisse Forex Case

Article - Media, Publications

Pandemic May Disrupt Discovery In Credit Suisse Forex Case

Dean Seal, 17 April 2020

Counsel for investors and Credit Suisse cited the COVID-19 pandemic Monday when they asked a New York federal judge to push their discovery deadlines in a suit over alleged foreign exchange market manipulation by nine weeks.

In a letter to U.S. District Judge Lorna G. Schofield, attorneys for both sides in the long-running litigation said that in light of the threat to public health posed by the novel coronavirus, as well as the disruptions it has caused in air travel, continued discovery efforts would be risky and exceedingly difficult. Continue reading “Article: Pandemic May Disrupt Discovery In Credit Suisse Forex Case”