Action against Defendant, a former registered broker, for alleged misrepresentations regarding an investment fund scheme and acting as an unregistered broker.  According to the SEC, Defendant solicited investors based on false representations that the investment fund company involved was bonded and insured.  The SEC further alleges that Defendant misrepresented the company’s profitability and recklessly repeated the company’s false claims about its growth.

SEC Complaint

SEC Litigation Release