Craig H. Carton, et al.

Litigation Release No. 24485 / May 31, 2019 Securities and Exchange Commission v. Craig H. Carton, et al., No. 17-CV-6764 (S.D.N.Y.) On May 31 , 2019, a federal court judge entered a final judgment against New York-based sports radio personality Craig Carton and five of his companies in an SEC case that charged Carton with […]

FTC Announces Agenda for the 14th and Final Session of Hearings on Competition and Consumer Protection in the 21st Century

The Federal Trade Commission announced the agenda for the 14th session of its Hearings Initiative. This session, at Creighton University in Omaha, Nebraska on June 12, 2019, will conclude the FTC’s Hearings on Competition and Consumer Protection in the 21st Century. The morning session will include a series of roundtable discussions with State Attorneys General on […]

FTC Adds Latvian Financial Institution, CEO to Case against Apex Capital Group

The Federal Trade Commission filed an amended complaint in federal district court in a case alleging a multi-national scheme to defraud consumers via deceptive “free trial” offers and negative-option continuity plans. The amended complaint names a Latvian financial institution and its CEO as additional defendants, alleging they participated in the scheme by processing $40 million […]

Online Marketers Barred from Deceptive “Free Trial” Offers, Unauthorized Billing

The operators of a worldwide negative option scam have agreed to settle Federal Trade Commission charges that they deceptively advertised “risk-free” trial offers for only the cost of shipping and handling, but then charged consumers full price for the trial product and enrolled them in expensive, ongoing continuity plans without their knowledge or consent. The […]

Donald A. Milne III, et al.

The Securities and Exchange Commission charged recidivist securities law violator Donald A. Milne III, of Merrick, New York, and his company, Instaprin Pharmaceuticals, Inc., with operating a long-running offering fraud that raised over $4 million from more than seventy investors, many of them elderly. The SEC’s complaint, filed in federal court in the District of […]

Hurricane Season Begins June 1

The Federal Trade Commission has free information to help people prepare for, deal with, and recover from extreme weather events like hurricanes, tornadoes, and other natural disasters. The mobile-friendly website, ftc.gov/weatheremergencies, has four sections: The site also provides Picking Up the Pieces after a Disaster, a customizable one-page handout, which includes key tips for consumers […]

Ringleader of Student Loan Debt Relief Scheme Liable for $11 Million in Settlement of FTC Charges

The ringleader of a California-based student loan debt relief scheme has agreed to settle the Federal Trade Commission’s charges that he bilked $11 million from consumers who were trying to reduce their student loan monthly payments or get loan forgiveness. Under the modified court order, recidivist scammer Tuan Duong admits he violated the 2016 order […]

TSX Delisting Review – SouthGobi Resources Ltd. (SGQ)

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 […]

TSX Delisting Review – Intermap Technologies Corporation (IMP)

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 […]

George Slowinski

On May 29, 2019, the Securities and Exchange Commission charged George Slowinski with perpetrating a more than $20 million offering fraud involving real estate in the South Side of Chicago, Illinois impacting more than 600 investors. As alleged in the SEC’s complaint, Slowinski, a Texas resident, was a principal and owner of Rebuilding America, LLC, […]