Actions against Defendants, an investment-advisor representative and his business associate, and Respondent, a mothers’ lifestyle media company for whom Defendants worked, for fraud and registration failures, respectively. According to the SEC, Defendants falsely represented to investors that Respondent would soon conduct an IPO and misappropriated investor funds for personal expenses. The SEC further alleges that Respondent offered and sold unregistered common stock. Respondent has agreed to pay a civil money penalty of $173,436.

SEC Complaint

SEC Order

SEC Litigation Release