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SEC Issues an Investor Alert on Social Media and Investing (Part II)

by Staff of the Firm | Mar 15, 2016 | Securities Laws, Uncategorized

SEC v. Craig. On November 5, 2015, the Securities and Exchange Commission (“SEC”) filed securities charges against James Alan Craig, a 62-year-old Scottish trader.[1]  The SEC’s complaint concerns Craig’s use of Twitter accounts to commit securities fraud by making...

SEC Issues an Investor Alert on Social Media and Investing (Part I)

by Staff of the Firm | Mar 3, 2016 | Securities Laws, Uncategorized

On November 5, 2015, the Securities and Exchange Commission (“SEC”) issued an investor alert to warn investors about fraudsters who attempt to manipulate share prices through social media.[1]  For a full text of the investor alert, click here.  With the prevalence of...

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