SEC Enforcement Litigation

Government Investigations & Government Contracting

SEC Enforcement Litigation

Successful regulatory defense of stock trader sued by the Securities and Exchange Commission (SEC) for conduct related to an alleged multi-million dollar penny stock pump-and-dump scheme, which sought disgorgement of $400,000.00. McKay Chadwell obtained a stay of the SEC lawsuit during a parallel criminal case. After resolution of the criminal matter, the firm resolved the SEC lawsuit and prevented the government from securing a double recovery of the $400,000.00.