Coral Capital Partners takes a look at an SEC enforcement action against a company and the individuals associated with it in an alleged stock pump and dump. This is a well written complaint by the SEC that is an interesting one to read.
Category: Securities Fraud
Coral Capital Partners blog on securities fraud. Our focus is on the types of fraud that is pervasive in fund raising for private companies and publicly traded companies in the the small cap and micro-cap markets. Additionally we look at a the common frauds that occur in the stock market for these companies. The majority of the blog articles we have written look at enforcement actions by the Securities Exchange Commission, what activities the parties engaged in to be charged by the SEC, and what violations the SEC charged them with.
Sun River Energy Pitches Investors on $39M to Fund Drilling Budget for 2012
Sun River Energy is attempting to raise $39 million
PIPE Issuer Accused of Manipulation In Multiple Suits By Restricted Shareholders
Sun River Energy was accused by multiple shareholders of attempting to manipulate the market for its common stock by refusing to remove the restrictive legends from their certificates following the expiration of the holding period required by Rule 144 of the Securities Act of 1933.