Updated Investor Bulletin: Accredited Investors

The SEC’s Office of Investor Education and Advocacy is issuing this Investor Bulletin to educate individual investors about what it means to be an “accredited investor.”  What does it mean to be an accredited investor? Under the federal securities laws, only persons who are accredited investors may participate in certain securities offerings.  One reason these […]

Banker Webinar: Update on the Standardized Export of Imaged Loan Documents Initiative

FIL-4-2019 January 31, 2019 Banker Webinar: Update on the Standardized Export of Imaged Loan Documents Initiative Printable Format: FIL-4-2019 – PDF (PDF Help) Summary: The FDIC is hosting a webinar for financial institutions on February 19, 2019, from 2:00 p.m. to 3:00 p.m. Eastern Time. This webinar will provide an update on the standardized export […]

Banker Webinar: Update on the Standardized Export of Imaged Loan Documents Initiative

FIL-4-2019 January 31, 2019 Banker Webinar: Update on the Standardized Export of Imaged Loan Documents Initiative Printable Format: FIL-4-2019 – PDF (PDF Help) Summary: The FDIC is hosting a webinar for financial institutions on February 19, 2019, from 2:00 p.m. to 3:00 p.m. Eastern Time. This webinar will provide an update on the standardized export […]

Phillip Michael Carter, et al.

The Securities and Exchange Commission announced that it filed charges against Texas resident and real estate developer Phillip Michael Carter, two other individuals, and several related entities for conducting a multi-million dollar offering fraud. The SEC’s complaint alleges that Carter, along with Bobby Eugene Guess and Richard Tilford, raised almost $45 million from over 270 […]

TSX Delisting Review – Critical Control Energy Services Corp. (CCZ, CCZ.PR.A)

TMX Group Limited and its affiliates do not endorse or recommend any securities issued by any companies identified on, or linked through, this site. Please seek professional advice to evaluate specific securities or other content on this site. All content (including any links to third party sites) is provided for informational purposes only (and not […]

Howard B. Present

Litigation Release No. 24384 / January 28, 2019 Securities and Exchange Commission v. Howard B. Present, No. 18-cv-1477 (1st Cir. January 15, 2019) The Securities and Exchange Commission announced today that on January 15, 2019 the United States Court of Appeals for the First Circuit dismissed the appeal filed in May 2018 by Howard B. […]

Joseph A. Meyer, Jr. and Statim Holdings, Inc.

Litigation Release No. 24383 / January 28, 2019 Securities and Exchange Commission v. Joseph A. Meyer, Jr. and Statim Holdings, Inc., No. 1:18-cv-5868-LMM (N.D. Ga. Filed December 26, 2018) The Securities and Exchange Commission has charged an Atlanta investment adviser and an entity he controls with defrauding a private fund they managed and its investors. […]

FTC Imposes Conditions on Staples’ Acquisition of Office Supply Wholesaler Essendant Inc.

Office supply distributors Staples Inc. and Essendant Inc. have agreed to a settlement as part of the companies’ proposed $482.7 million merger in order to resolve Federal Trade Commission allegations that the deal may have harmed competition in the market for office supply products sold to small- and mid-sized businesses. Staples, which is owned by […]

American Growth Funding II, LLC, et al.

Litigation Release No. 24382 / January 25, 2019 U.S. Securities and Exchange Commission v. American Growth Funding II, LLC, et al.,, Civil Action No. 16-cv-00828 (KMW) (S.D.N.Y.) On January 24, 2019, the Honorable Kimba M. Wood of the United States District Court for the Southern District of New York entered judgments against a Manhattan-based lending […]