Securities and Exchange Commission
SEC v. John S. Clayton
John S. Clayton allegedly orchestrated a fraudulent scheme to amass a controlling share of at least four microcap companies. Clayton allegedly hid his control by dividing his holdings among nominee entities. Clayton allegedly worked with his lawyer Jackson, bookkeeper Perry, and, on several occasions, with the CEO of one of the microcap companies, Mower, to prepare false documents for brokerage firms as well as Standard Registrar. Rieu and Chesapeake also allegedly engaged in similar trading to artificially affect the stock of other clients. Rieu further allegedly engaged in insider trading in the stock of one of their clients, according to the SEC.
Summary generated from official Securities and Exchange Commission press release
Source: Securities and Exchange Commission Press Release ↗Parties
- John S. Clayton
- Daniel W. Jackson
- Donald H. Perry
- Clark M. Mower
- Timothy J. Rieu
- Standard Registrar and Transfer Co., Inc.
- Chesapeake Group, Inc.
- First Equity Holdings Corp.
- Bryan Development, LLC
- Capital Communications, Inc.
- Compass Equity Partners, Inc.
- Empire Fund Managers, Inc.
- Greenwich Street Commercial Mortgage, LLC
- Investrio, Inc.
- Klaja Partners, LLC
- Liberty Partners, LLC
- Maestro Investments, Inc.