Tag Archives: attorney

SEC Charges Attorney With Illegal Sales of Blockchain Company’s MicroCap Stock

On Monday, the Securities and Exchange Commission charged two men alleged to have profited from illegal sales of stock of a company claiming to have a blockchain-related business. According to the SEC’s complaint, attorney T.J. Jesky and his law firm’s business affairs manager, Mark F. DeStefano, made approximately $1.4 million by selling shares in UBI Blockchain Internet Ltd. over a

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Attorney Sentenced To 3 Years For Involvement In MicroCap Pump And Dump

Last week, ex-lawyer Diane Dalmy was sentenced by U.S. District Judge Jeffrey A. Meyer in New Haven to 36 months of imprisonment, followed by three years of supervised release, for her role in a securities fraud scheme. According to court documents and statements made in court, Dalmy, a former attorney, performed securities-related legal work on behalf of several public companies,

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SEC Law Firm Joins as The Official Founding Law Firm Sponsor of PubCoCEO™

We are proud to announce that SEC Law Firm has joined us as the Official Founding Law Firm Sponsor of PubCoCEO™. SEC Law Firm represents growing businesses around the world raising capital in the US, through private and public offerings of equity and debt. They take companies public in the US and on overseas exchanges through reverse mergers, direct public

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SEC Charges Lawyers With Assisting a Microcap Fraud Scheme

On Wednesday, the Securities and Exchange Commission charged two lawyers it alleges helped facilitate a microcap fraud scheme involving undisclosed “blank check” companies secretly bound for reverse mergers. In complaints filed in the U.S. District Court for the Southern District of Florida, the SEC alleges that James M. Schneider of Hillsboro Beach, Florida, and Andrew H. Wilson of Nevada City,

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MICROCAP TRANSFER AGENTS: Friend or Foe? [Guest Post]

Again, a lot of this goes back to the root of all microcap evil, toxic lending, irrevocable transfer agent letters and your transfer agency agreements. Recently, I spoke with a CEO who wanted to terminate his company’s transfer agent because the transfer agent refused to follow his instructions as well as the T/A providing confidential information to third parties without consent of the client, and in all likelihood, breaching the non-disclosure clauses in their own transfer agency contracts.

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MicroCap Attorney Sichenzia Ross Ference Kesner LLP Relocates NYC Headquarters

Sichenzia Ross Ference Kesner LLP announced that as of August 25, 2017 they will have moved to a new location at 1185 Avenue of the Americas, 37th Floor, New York, NY 10036. As they enter our 20th year as a leading corporate, securities and litigation law firm, and expand their practice areas to include real estate and trusts and estates,

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Tips For Saving On MicroCap Compliance Costs

In a LinkedIn post last week, Andrew Befumo -(CEO of Small Biz Support, LLC) shared some advice for “Saving On Small-Cap Compliance Expense“. According to Befumo, “as much as 60% of the legal costs of running a smaller public company could be saved if the company knew how to talk to the lawyers, accountants, auditors and other professionals that serve them.”

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Reg A+ Has Arrived

  David N. Feldman, partner in the global law firm of Duane Morris LLP, declared June 2017 as “The Month Reg A+ Arrived” in a recent post on his blog.  Feldman is referring to the first three Reg A+ IPOs trading on national exchanges. Myomo, Inc. (NYSE MKT:MYO), Adomani (Nasdaq:ADOM) and ShiftPixy (Nasdaq:PIXY) each completed Reg A+ IPOs raising millions in June. Mr. Feldman also points out

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Funding from Public Investors – Reg. A or Reg. D? [Guest Post]

Guest Post by: Irwin Stein, Esq.    Venture capitalists and angels fund a very small group of companies each year and the companies have little control over who gets funded and who does not. Many start-ups and smaller companies are looking to public investors. This has been made easier by the JOBS Act. After the stock market crashed in 1929, Congress

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