VerdictStats

Securities and Exchange Commission

SEC v. Medallion Financial Corp.

SettledFiled: December 28, 2021

Medallion Financial Corp. and Andrew Murstein allegedly directed two separate schemes to inflate Medallion Financial’s stock price, in part with the assistance of Ichabod's Cranium, and its owner, Lawrence Meyers, according to the SEC.

Summary generated from official Securities and Exchange Commission press release

Source: Securities and Exchange Commission Press Release ↗

Parties

Defendants / Respondents
  • Medallion Financial Corp.
  • Andrew Murstein
  • Lawrence Meyers
  • Ichabod’s Cranium, Inc.

Dates

Filed
December 28, 2021
Resolved
May 29, 2025
Published
June 6, 2025

Case Details

Industry
Finance
Penalty Type
Fine