Securities and Exchange Commission v. Galas et al

  1. July 09, 2015

    SEC Settles With 2 In Pot Stock Pump-And-Dump Case

    The U.S. Securities and Exchange Commission has settled with two defendants in a group of stock promoters it accused of reaping more than $2.5 million in illegal profits by manipulating the stocks of medical marijuana-linked microcap companies, according to a letter filed on Thursday in Washington federal court.

  2. August 13, 2014

    SEC Wins Asset Freeze In Pot Stock Pump-And-Dump Case

    The U.S. Securities and Exchange Commission on Wednesday obtained a court order freezing the assets of a group of stock promoters accused of running a pump-and-dump scheme in which they allegedly reaped more than $2.5 million in illegal profits by manipulating the stocks of medical marijuana-linked microcap companies.

  3. August 05, 2014

    Stock Pushers Charged After SEC Pot Pump-And-Dump Probe

    A group of stock promoters face criminal charges and a civil enforcement suit following an SEC investigation into an alleged pump-and-dump scheme in which authorities say the promoters reaped more than $2.5 million in illegal profits by manipulating the stocks of medical marijuana-linked microcap companies.