Enforcement

Vertex Energy Raises $25M at 7% Premium via Craig-Hallum Capital Group

By Staff | June 22, 2015

Vertex Energy (NASDAQ CM:VTNR) announced that it has raised $25,000,055 in a Convertible Preferred Stock transaction.

Gottbetter Sentenced to 18 Months Prison, $4.5M in Fines, for Securities Fraud

By Teri Buhl | June 10, 2015

The Department of Justice is getting tough on gatekeepers in the microcap industry, using wire taps to turn co-conspirators into confidential informants and secure guilty pleas and jail time. The latest is 46 year-old reverse merger lawyer Adam S. Gottbetter, who operated a law firm and placement agent specializing in alternative public offerings (APOs) of microcap stocks.

News

SEC Investigates Group Actions among Activist Funds

By Brett Goetschius | June 10, 2015

The enforcement division of the Securities and Exchange Commission is investigating whether hedge funds with activist strategies are coordinating their moves to the extent that they may be violating federal securities laws.