Securities and Exchange Commission
SEC v. Brown
Settled$30KDisgorgementFiled: May 2, 2016
Richard Brown allegedly was involved in a scheme to deceive investors into buying shares of ForceField Energy Inc. According to the SEC's complaint, Brown was paid cash kickbacks in exchange for recommending and buying shares of ForceField Energy stock in his customers' accounts without disclosing to customers that he was being paid cash kickbacks.
Summary generated from official Securities and Exchange Commission press release
Source: Securities and Exchange Commission Press Release ↗Parties
Defendants / Respondents
- Richard Brown
- Christopher Castaldo
- Gerald J. Cocuzzo
- Naveed A. Khan
- Herschel (Tres) Knippa
- Maroof Miyana
- Pranav V. Patel
- Louis F. Petrossi
- Richard St. Julien
Dates
Filed
May 2, 2016
Resolved
December 22, 2024
Published
December 23, 2024
Case Details
Industry
Energy
Penalty Type
Disgorgement