Tag Archives: scalping

SEC Charges SeeThruEquity With Deceiving Investors in Supposedly Unbiased MicroCap Reports

Yesterday, the Securities and Exchange Commission charged a small and micro-cap stock research firm and its co-founders with defrauding investors by issuing reports purportedly based on “unbiased” and “not paid for” research when in reality they received thousands of dollars from issuers as a condition to providing each report. According to the SEC’s complaint, SeeThruEquity LLC and brothers Ajay and

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SEC Charges Canadian Stock Promoter With MicroCap Market Manipulation

Last Friday, the SEC announced fraud charges against a Canadian man behind an alleged scheme to manipulate the shares of a penny stock. The SEC’s complaint alleges that Micheal A. Skerry, of New Westminster, British Columbia, Canada, illegally profited by manipulating the price and demand of Success Holding Group International, Inc. (OTC: SHGT), a penny stock whose securities were quoted on

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