As the Galleon insider trading trial draws to a close and
the Lindsey FCPA trial moved forward in the Central District of
California, one of the few senior executives charged in a market crisis case
was found guilty by a jury after a ten day trial. SEC enforcement brought
actions based on an undisclosed...
The Commission charged recidivist securities law violator
Nicholas Geranio and others with running a complex international manipulation
and boiler room operation for over two years which fleeced investors out of
over $35 million. SEC v. Gerandio (C.D. Cal. Filed May 16, 2012). Mr.
Geranio was enjoined...