Insider Trading & Disclosure Update - Vol. 12

January 2025
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In this issue:


Insider Trading Enforcement and Litigation

  • Michael Shvartsman Is Sentenced to 28 Months in Prison and a $1 Million Fine for Trump-SPAC Insider Trading Scheme
  • Robert Westbrook Charged by the SEC and DOJ With Multimillion-Dollar Hack-to-Trade Fraud Scheme
  • Bed Bath & Beyond Accuses GameStop CEO of Insider Trading
  • SEC Announces Settled Insider Trading Charges Against Public Company Officer and Sister-In-Law

Disclosure Enforcement and Litigation

  • Fashion Retailer Cooperates With SEC and Settles Without Civil Penalty
  • SEC Settles Charges Against Flagstar for Misleading Investors About Cyber Breach
  • Kiromic BioPharma Avoids Civil Penalties for Misleading Statements Through Cooperation and Remediation Efforts
  • Keurig Settles With SEC in Greenwashing Action
  • Second Circuit Macquarie Suit Moves Forward Notwithstanding Supreme Court Decision

Accounting Enforcement

  • Former WWE CEO Settles SEC Charges for Hiding Agreements Entered on Behalf of the Company
  • SEC Settles Accounting and Disclosure Fraud Charges Against Acreage
  • Energy Company Settles Internal Control Charges With SEC
  • UPS Settles Charges For Failing to Impair Goodwill
  • Furniture Retailer, CFO and Controller Charged in Scheme to Conceal Shipping Expenses
  • SEC Settles With Government Contractor Over Revenue Recognition Violations
  • SEC Charges Ideanomics and Executives With Accounting and Disclosure Fraud