Menu

SEC Obtains Final Judgment Against Former NFL Player

In 2018, the SEC filed charges against Kendricks for alleged insider trading. The complaint alleges Kendricks began receiving insider information from co-defendant Damilare Sonoiki, an investment bank analyst, in the summer of 2014. Sonoiki allegedly shared proprietary, non-public information regarding … Continue reading

Illinois Supreme Court Grants Leave to File an Appeal in a Corporate Opportunity Doctrine Case

In 2014, Indeck, a Buffalo Grove-based energy company, sued former employees, Christopher DePodesta and Karl Dahlstrom. Indeck alleged the defendants breached their fiduciary duty of loyalty and usurped corporate opportunities when they wrongfully cut the plaintiffs out of potential business … Continue reading

SEC Charges Pennsylvania Attorney and Swiss Resident in $1.4 Million Dollar Ponzi Scheme

On March 18, 2020 the SEC announced charges against Todd Lahr and Thomas Megas for allegedly selling unregistered securities and operating a Ponzi scheme to defraud investors. The complaint alleges the Pennsylvania attorney and Swiss resident sold over $1.4 million … Continue reading

SEC Charges Two South Florida Residents with Insider Trading

On March 17, 2020 the SEC filed charges against Scott Hirsch and Kenneth Friedman for insider trading in the stock of PetMed Express, Inc. The complaint alleges that in 2017 Hirsch and Friedman executed trades based on nonpublic, proprietary financial … Continue reading

Securities and Exchange Commission Charges California Man in Alleged Fraudulent Real Estate Investment Scheme

Over the course of 2 years, 2014 and 2015, Paul A. Garcia and Caliber Capital Management, LLC (“Caliber”) allegedly schemed to raise over $670,000 in fraudulent securities.  One of the investors was an 82-year-old retiree.  Garcia allegedly used his position … Continue reading

SEC Files Complaint Against Platinum Funds for Defrauding Investors

The Securities and Exchange Commission has filed a complaint against Platinum Management LLC, Platinum Credit Management, L.P, Mark Nordlitch, David Levy, Daniel Small, Uri Landesman, Joseph Mann, Joseph Sanfilippo and Jeffery Shulse (all collectively “Defendants”).  The complaint alleges that the … Continue reading

SECURITIES AND EXCHANGE COMMISSION FILES COMPLAINT AGAINST SAN FRANCISCO REGIONAL CENTER, ET AL

The Securities and Exchange Commission has filed charges against Thomas Henderson, San Francisco Regional Center (“SFRC”) and other companies owned or controlled by Henderson.   Beginning in 2010 Henderson allegedly raised over $100 million from 215 investors.  He allegedly raised this … Continue reading

SECURITIES AND EXCHANGE COMMISSION CHARGES ASSISTED LIVING FACILITY OPERATOR WITH FRAUD, SEEKS RESTRAINING ORDER TO PROTECT INVESTORS AND PATIENTS

The Securities and Exchange Commission has charged Dwayne Edwards, Todd Barker, Senior Solutions of Social Circle, LLC, Oxton Place of Douglas, LLC d/b/a Oxton Real Estate of Douglas, LLC,  Rome Alf, LLC, Savannah ALF, LLC, Gainesville ALF, LLC, Waterford Place … Continue reading

White House Suggests Ban on Non-Compete Agreements for Some Workers

In late October, the White House again asked states to ban non-compete agreements for low wage workers and those that do not have access to trade secrets.  Non-compete agreements prohibit employees from working for competing companies and help to secure … Continue reading

Broker Charged with Taking More Than $1.4 Million from Clients

Marc D. Broidy has been charged by the SEC with allegedly pilfering $1.4 million from clients using 3 separate schemes.  Broidy is the sole owner and principal of Broidy Wealth Advisors, LLC.  He is alleged to have stolen assets of … Continue reading

Disclaimer: All information contained on this website is general and should not be relied upon as legal advice. Legal advice cannot be provided without full consideration of all relevant information and documents relating to your individual situation. No attorney-client relationship, prospective or otherwise, will be formed by submitting information to Tomlinson & Shapiro, P.C. through this website or via e-mail. If you submit information to Tomlinson & Shapiro, P.C. through this website or via e-mail, the information you submit will not necessarily be treated as privileged or confidential. You should not send sensitive or confidential information via this website or via e-mail. Moreover, because the Internet is not necessarily a secure method of transmitting information, it is possible that your information or e-mail sent via the Internet might be read by third parties.

Michael Shapiro
(312) 715-8770
DOWNLOAD VCARD