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#phoenix hodgkins
toomanylegos · 7 months
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My dear friend, Eggo, did this first with her characters, and it made me want to do the same sooo...here we go!
Characters of mine that would have dramatic deaths where they save their enemy:
Olivia (surprisingly)
Charles
Lucas
Characters of mine who would have dramatic deaths where they save a friend:
Sylvia
Silas
Catherine
Alexei
Characters of mine who would have dramatic deaths where they save their lover:
David
Characters of mine who would not sacrifice themselves for anyone but their own family:
Alexander
Elizabeth
Beatrice
Phoenix
Agnes
Shane
Characters of mine who would not sacrifice themselves at all:
Simon
Alice
Lilian (like Kanta, she is 12 and not allowed to sacrifice herself)
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itstimeforstarwars · 3 months
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Writing Patterns Tag Game
Rules: list the first line of your last 10 (posted) fics and see if there's a pattern!
Tagged by @phoenixyfriend!!
Lava Cake (Galidraan AU, Arla Fett & Rex)
“Would you like to go shopping with me today, Rex?”
The Muddler and The Joxter (Joxter & Hodgkins & Muddler) (this isn't even star wars lol)
On the first day of spring, Hodgkins awoke from hibernation.
Cody’s Day Off (Cody/relaxation)
Cody woke up, and he didn’t have flimsiwork to do.
Three Jedi, Two Clones, and One Force Anomaly (Cody & Rex & Obi-Wan & Anakin & Ahsoka, plus ensemble platonic relationships, Galidraan AU)
When Master Dooku had landed on Galidraan, it was to stop Mandalorians from committing senseless muders.
Unusual Train Delays on the Scrapper Line (Cal Kestis & Prauf, Obi-Wan Kenobi & Ezra Bridger, SpectObi AU)
When a Mandalorian fell through the roof of the train, everyone immediately decided that was not their problem.
An Ordinary Date Night (Anidala, Ahsoka & Anakin & Padmé, Ahsoka & Rex)
“Ani!”
Right off the gangplank, Anakin was almost tackled into a hug.
For Old Times' Sake (Quinlan & Obi-Wan, Quinlan/Obi-Wan, Quinlan/Ventress, Padawan At War AU)
The door slid shut behind Obi-Wan, cutting him off from Anakin and the others, and plunging him into total darkness.
Carbon Scoring and Conversation (Ezra Bridger and Obi-Wan Kenobi, SpectObi AU)
Obi-Wan Kenobi, newest member of the Spectres, stepped into the sonic fully dressed, minus weapons.
Alliances, Treaties, and Improvised Planning (Codywan, CWW Sith AU)
It had been a long day.
Blankets and Night Time Thoughts (Codywan)
It had been a long day.
You know, I was gonna make a joke about Phoenix making me realize that I start all of my fics in the exact same way, and then I got to the last two, which I LITERALLY started in the EXACT SAME way. So. Lmao. Either the first sentence gives you a character and important action, or it was a long day. Considering that one of those fics was written five years ago and only posted last month, I've clearly had this pattern for a while.
I tag @thefoundationproject, @ranger-jedi-knight, @campfire-octopus, @personontheswing, @kckenobi, @tarantula-hawk-wasp, and anyone else who wants to play!
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ecoamerica · 1 month
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Watch the 2024 American Climate Leadership Awards for High School Students now: https://youtu.be/5C-bb9PoRLc
The recording is now available on ecoAmerica's YouTube channel for viewers to be inspired by student climate leaders! Join Aishah-Nyeta Brown & Jerome Foster II and be inspired by student climate leaders as we recognize the High School Student finalists. Watch now to find out which student received the $25,000 grand prize and top recognition!
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soundwavefucker69 · 3 years
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It’s actually really painful to have your teeth whitened. It hurts a lot, and they look like chalk until they heal. Sometimes, whitening doesn’t even lift all of the stains, and fake enamel has to be put over teeth, and it doesn’t always match.
My two front teeth are a different color from the rest of them. My family never really had soda in the house as a kid. My mother used to leave out mint tea, which she’d steep in the sun, lightly sweetened, served chilled. It was my favorite drink. She’d leave it on the back patio, and I have never been able to make that same tea or recreate the taste of my childhood. We had a next door neighbor at that house who had wild mint growing in her garden she let us harvest, because she viewed it as a weed, but we sure loved that mint tea. She had a miniature pony, I think his name was Philip, that ran around in the backyard, and I loved that horse. He was so unique as opposed to the big dogs and little chihuahuas all over our town. Another neighbor down the way, Miss Rosie, that lived in a house hidden from the road just after the asphalt turned to dirt, let me and my brother and our foreign exchange sister, Fah, pick pomegranates from her overgrown tree.
Miss Rosie died of cancer just a little after we moved out of that house.
Nowadays, my dad tells my younger siblings to stop leaving water bottles half finished all over the house, and threatens them with teeth like mine if they keep wasting water, because he’ll stop buying water bottles if they won’t use them.
Of course, the memory of thousand dollar dental bills right before senior pictures stays his hand, and he’ll never get rid of the water bottles.
I grew up in a small Arizona town called Globe. It’s a few miles away from the San Carlos Apache Reservation, and if I bring up my fucked up teeth to anyone from town, they’ll laugh and say one of two things.
“That’s mining water for ya.”
“Man, that Agent Orange knows how to stick around.”
In 1969, the US Forest Service sprayed multiple Arizona families with Silvex, also known as Agent Orange, on repeated occasions, as part of a test of the new chemical agent. Civilians were specifically targeted by the toxic fumes. Within days, they started experiencing symptoms. Loss of mobility, up to 36 seizures a day, lifelong problems that soon developed into cancer. They sued, and settled out of court for an undisclosed sum. It was only years later that stories started surfacing again of Hodgkin’s Disease and cancer, with reports detailing in the hundreds.
About a decade before, a less harsh concoction similar to that same chemical was sprayed over San Carlos Reservation, one of the poorest Native American reservations in the country, in an effort to wipe out the vegetation along the Gila River to provide more water to the Phoenix metropolitan area. Effects did not start within days, as was the case when it was sprayed on the residents of Globe, Arizona and bombed the water for years to come. For over a decade, the area along Gila River was doused in this herbicide, killing the ecosystem and poisoning the residents of the reservation in an effort to sustain the growth of the Phoenix metropolitan area. In 1969, once again, following the disaster of the bombing of Globe, the flights came to an end.
Growing up in Globe in the late 90′s and early 2000′s was strange. I knew about the Agent Orange. We joked about, laughed about, even as our elders continued to die from cancer, and the reservation struggled under a destroyed ecological system and the resulting food system. My fucked up teeth were commonly blamed on the mining and the Agent Orange in equal measure, because we didn’t truly know how long it could possibly be until the water was safe, but you couldn’t tell a kid in the early 2000′s to not drink from the hose.
The US government did not discontinue the use of Agent Orange until the late 70′s, and it was only decided to discontinue the use after birth defects continued to emerge in lab animals.
I need to stress this.
Animals.
A decade after they had melted real human being’s hair off.
It’s still not fully known why the tribal government agreed to the use of herbicides on the soil, and I still have not found evidence of them uncovering what was in the chemical concoction that was sprayed, and only a small fraction of the residents of Globe have received reparations. The San Carlos residents have received none.
I used to get called a conspiracy theorist for bringing this up. People didn’t believe this happened. The US government engaging chemical warfare on its own citizens, not for civil disobedience, or unionizing, or telling corporations no, but just because we were poor, and we were there, and they could, is not something people want to address. But it happened, and you should know about it.
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Arizona Man Known as 'QAnon Shaman' Pleads Guilty to Felony in Capitol Riot
An Arizona man who sported face paint, no shirt and a furry hat with horns when he joined the mob that stormed the U.S. Capitol on January 6 pleaded guilty Friday to a felony charge and wants to be released from jail while he awaits sentencing. 
Jacob Chansley, who was widely photographed in the Senate chamber with a flagpole topped with a spear, could face 41 to 51 months in prison under sentencing guidelines, a prosecutor said. The man who called himself "QAnon Shaman" has been jailed for nearly eight months since his arrest.  
Before entering the plea, Chansley was found by a judge to be mentally competent after having been transferred to a Colorado facility for a mental health evaluation. His lawyer Albert Watkins said the solitary confinement that Chansley faced for most of his time in jail has had an adverse effect on his mental health and that his time in Colorado helped him regain his sharpness.  
"I am very appreciative for the court's willingness to have my mental vulnerabilities examined," Chansley said before pleading guilty to a charge of obstructing an official proceeding.  
U.S. District Judge Royce Lamberth is considering Chansley's request to be released from jail while he awaits sentencing, which is set for November 17. 
FILE - A mob of supporters of U.S. President Donald Trump fight with members of law enforcement at a door they broke open as they storm the U.S. Capitol Building in Washington. January 6, 2021.
Chansley was among the first wave of pro-Trump rioters to force its way into the Capitol building. He yelled into a bullhorn as officers tried to control the crowd, posed for photos, profanely referred to then-Vice President Mike Pence as a traitor while in the Senate. He wrote a note to Pence saying, "It's only a matter of time, justice is coming." He also made a social media post in November in which he promoted hangings for traitors. 
The image of Chansley with his face painted like the American flag, wearing a bear skin head dress and looking as if he were howling was one of the first striking images to emerge from the riot. 
Chansley is among roughly 600 people charged in the riot that forced lawmakers into hiding as they were meeting to certify President Joe Biden's Electoral College victory. Fifty others have pleaded guilty, mostly to misdemeanor charges of demonstrating in the Capitol.  
Only one defendant who pleaded guilty to a felony charge has received punishment so far. Paul Hodgkins, a crane operator from Florida who breached the U.S. Senate chamber carrying a Trump campaign flag, was sentenced in July to eight months in prison after pleading guilty to obstructing an official proceeding. 
Chansley's lawyer said his client has since repudiated the QAnon movement and asked that there be no more references to his past affiliations with the movement.  
The man had long been a fixture at Trump rallies. Two months before the riot, he appeared in costume and carried a QAnon sign at a protest alongside other Trump supporters outside an election office in Phoenix where votes were being counted. 
FILE - Jacob Anthony Chansley, who also goes by the name Jake Angeli, a QAnon follower, speaks to supporters of then-President Donald Trump outside of the Maricopa County Recorder's Office, in Phoenix, Nov. 5, 2020.
His attorney has said Chansley was previously "horrendously smitten" by Trump and believed like other rioters that Trump called him to the Capitol, but later felt betrayed after Trump's refusal to grant Chansley and others who participated in the insurrection a pardon. 
After spending his first month in jail, Chansley said he re-evaluated his life, expressed regret for having stormed the building and apologized for causing fear in others.  
Chansley twice quit eating while in jail and lost 20 pounds (9 kilograms) until authorities gave him organic food.  
Watkins has characterized the spear Chansley carried as an ornament, disputed that his client's note to Pence was threatening and claimed Chansley was in the third wave of rioters into the Capitol.  
But the judge said video shows Chansley, who entered the Capitol through a doorway as rioters smashed nearby windows, "quite literally spearheaded" the rush into the building.   
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tonedefsound · 4 years
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Lil’ Miss Sunshine (updated to 2020 lingo), Everything Is Illuminated and the Emmy award winning TV show Weeds. What do these have in common? They all feature inspiring, yet heart wrenching tunes from the genre bending quartet, DeVotchKa. From dark cabaret to indie folk to gypsy punk, you’d think the band’s origins would be somewhere in Eastern Europe as they wander from village to village entertaining the locals who lurk in the dark and seedy yet lively burlesque shows in an effort to escape their poor farming life of the past, much to their parent’s dismay. But nah brah, they middle class residents of Denver, yo!
Mr. Tom Hagerman is a huge factor of their unique take on music and being the multi-instrumentalist that he is (a strict requirement to join DeVotchKa), it’s lent him quite a diverse range of sounds in his other project Post Truth Serum. You can still hear the influences he brings to DeVotchKa in his new project, namely the soaring violins, but he also mixes in some new ingredients in the pot: gothic new wave synths, distorted, heavy bass and more.
In his newest video “WORMS”, he follows four of his daughters in a dreamy, colored pencil animation complete with animal masks, flying donuts and other fun bits all to the tune of this epic, symphony of sounds. Tom takes a few moments to chat with us about his take of balancing music and family, life and death and everything in between.
What’s your musical background? Why were you not satisfied to just play guitar and sing like everyone else? It’s because you want to make us all jealous, innit?
I started off on piano probably around age 6 or 7 then switched to violin in the 4th grade when the public schools offered a string program. You could start a stringed instrument in 4th grade and a band instrument (trumpet, sax maybe percussion?) In the 5th grade.  My friend’s brother had an electric bass and an instructional sort of “how to play bass” video with Flea and River Phoenix. I suppose that was my first introduction with rock instruments. I went on to major in violin performance in college and played bass in a goth band more or less. Actually the guy that mixed the Post Truth Serum record was the singer. I became pretty fascinated with the music of Astor Piazolla and I wanted to play bandoneon, but those instruments are hard to find and expensive, not to mention really difficult to play. I found an accordion in New York when I lived there and kind of taught myself. I’m not the original accordion player for Devotchka. John Ellison who used to play bass in the band doubled on accordion. I kind of took over accordion duties after he left the band.
Like all musicians, your work during COVID-19 has taken a dramatic turn. Tell us something positive from being stuck at home.
It’s great to be home with my family. I’m trying to be productive musically, but it’s been hard to get it together for some reason. It’s been a good time to reflect a bit on the future of things I suppose, but it’s also a truly alarming time for our country. It’s great to see folks standing in solidarity for racial justice and police reform, but it’s alarming to see the confusion and disinformation surrounding all of the current events.  I’m grateful to be alive I suppose. Things could be worse.
A couple of years ago, you were diagnosed with a form of cancer. How has that played into your role as a father, husband and your work as a musician?
Cancer sucks. I’m lucky in some regards, I have a type of non Hodgkin’s lymphoma that is easily treated, but as of now, not curable. Statistically, it’s supposed to come back at some point in which case they beat it down again and again until they can’t. I should be around for a while at least. You get 100 years—more or less right? Some people get a lot less I suppose. I just need to make sure my family’s in a good enough spot in life. As a musician, I’m starting to feel like time is moving a lot faster. Maybe the things I thought were important aren’t so important, but there is a lot I still want to do. I can tell you that I don’t want to die.  That would truly be a bummer.
Tom, from organizing orchestras for touring bands such as The Flaming Lips to working with the Colorado Symphony, you’ve got your hands in pretty much everything music-wise in Denver. How and when did this monopoly develop and how long until you delve into the fast-food business?
The fast food business might be right around the corner if the pandemic keeps up! I’m not sure what the future of making a living playing music is really going to look like. Are those unrealistic expectations these days? I’m not sure. I certainly don’t have any sort of monopoly on the Denver music scene. There are a couple of other arrangers in town, definitely a lot of musicians of all sorts. Some great songwriters. I suppose I’ve been a bit of a Swiss Army knife in music.  I’m useful for a lot of situations, but I certainly know better fiddle players, better songwriters, arrangers that are way faster and so on and so forth. I‘m not trying to be humble or anything. I don’t want to sell myself short either, I know I’m more or less good at what I do and whatever it is I’ve got to offer is you know… what I’ve got to offer. I suppose I was just not able really to focus-in on one thing in music specifically, or better yet, I just tried to fill the vessel for which I was needed. You’ve gotta just keep going until you can’t on whatever path you are on and there is no shame in flipping some burgers along the way.
How do your daughters feel about their dad being a rock star? Does everyone in their schools know about DeVotchKa, Post Truth Serum and your work as a composer?
People use the term “rock star” all the time these days.  Rock Star nanny, rock star office administrator etc… I’m not sure if the term really means anything anymore. I have a friend in the music biz that once said he felt more like a rock asteroid than a star or something. I always felt more like a comet. My orbit around rock stars is highly elliptical. Rock stars have all sorts of people in their orbit that help prop them up and in turn prop up the “satellites” In their orbit. I feel like I’m racing around in a highly elliptical orbit. Sometimes around stars and sometimes around dwarf planets, maybe eventually to be cast out into the nether regions of intergalactic space. Or burn up in the process?
What do you foresee in the future regarding your musicianship and family life?
I’m going to do the best I can and keep going until I can’t.
https://posttruthserum.bandcamp.com/releases
https://youtu.be/gk43Tb5zINk (Worms MV)
www.tomhagerman.com
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erectiledysfunc · 4 years
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low testosterone during fetal development
Contents
anita sadaty
Older. testosterone levels naturally
High blood pressure
Testosterone blood level.
Episode statistics (hes
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ecoamerica · 2 months
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Watch the American Climate Leadership Awards 2024 now: https://youtu.be/bWiW4Rp8vF0?feature=shared
The American Climate Leadership Awards 2024 broadcast recording is now available on ecoAmerica's YouTube channel for viewers to be inspired by active climate leaders. Watch to find out which finalist received the $50,000 grand prize! Hosted by Vanessa Hauc and featuring Bill McKibben and Katharine Hayhoe!
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10 atores infantis que morreram jovens
Crescer sob os holofotes pode trazer consequências irreparáveis para a vida das crianças. Drew Barrymore, por exemplo, passou a frequentar baladas ainda na infância e, aos 12 anos, foi internada para tratar seu vício em drogas. Macaulay Culkin, o astro de “Esqueceram de Mim”, também colocou sua carreira em risco devido ao vício. Os dois sobreviveram aos problemas, mas outros astros mirins não tiveram a mesma sorte. A Revista Bula reuniu em uma lista atores que tinham carreiras promissoras, mas morreram jovens. Alguns sofreram com doenças ou vícios, outros foram vítimas de crimes cruéis.
Robert Knox
Robert Knox nasceu em 1989, em Londres. Seu papel mais relevante foi o de Marcos Belby, um aluno da casa Ravenclaw, no longa “Harry Potter e O Enigma do Príncipe” (2009). Robert morreu em 2008, anos 21 anos, pouco antes da estreia do filme. Ele foi esfaqueado na porta de uma boate, tentando defender seu irmão, dois anos mais novo, que estava sendo ameaçado.
Heather O’Rourke
A atriz norte-americana Heather O’Rourke nasceu em 1975, em San Diego. Ela atuou em várias séries, mas ficou mundialmente conhecida por interpretar a pequena Carol nos três filmes da franquia de terror “Poltergeist” (1982). Durante as gravações, Heather já estava em tratamento devido a problemas no estômago. Em 1988, aos 12 anos, seu quadro clínico se complicou e ela morreu.
Cameron Boyce
Cameron Boyce, nascido em Los Angeles, em 1999, se tornou conhecido com o personagem Carlos de Vil, da franquia “Descendentes” (2015). Ele morreu em 2019, com apenas 20 anos, devido a uma convulsão que teve durante o sono. Cameron foi encontrado sem vida por um colega de quarto. O ator estava em tratamento contra convulsões há três anos, pois sofria de epilepsia.
Judith Barsi
A atriz mirim Judith Barsi, nascida em Los Angeles, morreu aos 10 anos de idade, em 1988, assassinada pelo próprio pai. Em sua pequena carreira, ela atuou em filmes como “Tubarão 4 — A Vingança” (1987), “Kids Don’t Tell” (1985) e “Slam Dance” (1987). Ela também trabalhou como dubladora em “Todos os Cães Merecem o Céu” (1989) e “Em Busca do Vale Encantado” (1988).
Tara Correa-McMullen
Atriz e jogadora de basquete, Tara Correa-McMullen nasceu em Westminster, nos Estados Unidos, em 1989. Ela ficou conhecida por interpretar a rebelde Graciela Reyes na série “Judging Amy” (1999). Ela foi assassinada em 2005, com apenas 16 anos, no subúrbio de Los Angeles. De acordo com a polícia, o crime foi motivado por rivalidade entre gangues.
Michael Cuccione
O ator e cantor Michael Cuccione nasceu em 1985, em Burnaby, no Canadá. Ele interpretou o músico “Q.T.” na série “2ge+her”, lançada em 1999. Diagnosticado com linfoma de Hodgkin, Michael se submeteu a diferentes tratamentos e se tornou um conhecido defensor da pesquisa e conscientização sobre o câncer. Ele morreu em 2000, aos 11 anos, de insuficiência respiratória.
J. Madison Wright
Jessica Madison Wright nasceu em 1984, em Cincinnati, nos Estados Unidos. Ela estreou como atriz na série de comédia “Grace Under Fire” (1998) e também atuou em alguns filmes infantis. Aos 15 anos, ela descobriu uma doença grave no coração e recebeu um transplante. Mas, em 2006, com 21 anos, ela sofreu um ataque cardíaco e morreu, um dia após voltar de sua lua de mel.
Sawyer Sweeten
O ator Sawyer Sweeten nasceu em 1995, em Brownwood, nos Estados Unidos. Ele ficou famoso por interpretar Geoffrey Barone nas nove temporadas da série “Everybody Loves Raymond”, exibida entre 1996 e 2005. Seus irmãos, Sullivan e Madylin também faziam parte do elenco. Em 2015, com apenas 19 anos, ele foi encontrado morto em casa. Segundo o empresário do ator, Dino May, Sawyer cometeu suic��dio.
Skye McCole Bartusiak
Nascida em 1992, em Houston, a atriz Skye McCole estreou no filme “O Patriota” (2000) e também atuou ao lado de Drew Barrimore em “Os Garotos da Minha Vida” (2001). Ela morreu em 2014, aos 21 anos. Os indícios apontam que ela sofreu um ataque epilético fatal, mas o suicídio também é cogitado, já que Skye estava em depressão por não conseguir novos papéis no cinema e na TV.
River Phoenix
Considerado um dos atores mais promissores de sua geração, River Phoenix nasceu em 1970, em Madras, nos EUA. Ele atuou em vários filmes, incluindo “Conta Comigo” (1985), “O Peso de Um Passado” (1988) e “Indiana Jones e a Última Cruzada” (1989). Ele morreu aos 23 anos, em 1993, após sofrer uma overdose por uso de drogas na boate The Viper Room, em Los Angeles.
10 atores infantis que morreram jovens publicado primeiro em https://www.revistabula.com
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asafeatherwould · 5 years
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SEC and Marijuana Business
The Securities and Exchange Commission charged a Utah-based company and its founder with falsely touting “record” revenue numbers to investors and claiming to be a leader in the marijuana industry while some of its earnings came from sham transactions with a secret affiliate.
According to the SEC’s complaint, Medbox provided marijuana consulting services and claimed to sell vending machines known as “Medbox” devices capable of dispensing marijuana on the basis of biometric identification. The SEC alleges that Vincent Mehdizadeh created a shell company called New-Age Investment Consulting to carry out illegal stock sales and used the proceeds from those sales to boost Medbox’s revenue. Medbox allegedly issued press releases headlining the phony revenues as record earnings to legitimize itself as a viable commercial operation when in fact nearly 90 percent of the company’s revenue in the first quarter of 2014 stemmed from sham transactions with New-Age. Mehdizadeh allegedly acknowledged in a text message that “the only thing we are really good at is public company publicity and stock awareness. We get an A+ for creating revenue off sheer will but that won’t continue.”
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Meanwhile, according to the SEC’s complaint, Mehdizadeh funded the purchase of a luxury home in the Pacific Palisades with proceeds from New-Age’s illicit stock sales.
The SEC’s complaint additionally charges Medbox’s then – CEO Bruce Bedrick with being complicit in the scheme and personally profiting. The SEC also charged New-Age and Mehdizadeh’s then-fiancée Yocelin Legaspi with unlawfully selling unregistered securities. Mehdizadeh installed Legaspi as the supposed CEO of New-Age when he created the company.
“As alleged in our complaint, investors were misled into believing that Medbox was a leader in the burgeoning marijuana industry when the company was just round-tripping money from illegal stock sales to boost revenue,” said Michele Wein Layne.
Mehdizadeh and Medbox, which has since changed its name to Notis Global, have agreed to settle the SEC’s charges. Mehdizadeh agreed to pay more than $12 million in disgorgement and penalties and agreed to be barred from serving as an officer or director of a public company or participating in any penny stock offerings. The settlements are subject to court approval. The SEC’s litigation continues against Bedrick, Legaspi, and New-Age.
FINRA EXPELS LAWSON FINANCIAL AND BARS CEO ROBERT LAWSON FOR FRAUDULENT MUNICIPAL BOND SALES
The Financial Industry Regulatory Authority (FINRA) announced today that it has expelled Phoenix-based Lawson Financial Corporation, Inc. (LFC) from FINRA membership, and has barred LFC’s CEO and President Robert Lawson from the securities industry for committing securities fraud when they sold millions of dollars of municipal revenue bonds to LFC customers. The bonds at issue were underwritten by LFC and related to an Arizona charter school and two assisted living facilities in Alabama (which were the borrowers on the bonds). FINRA found that Robert Lawson and LFC were aware that each borrower faced financial difficulties, and Lawson transferred millions of dollars to the borrowers and associated parties from a deceased customer’s trust account, in order to hide the borrowers’ financial condition and to hide the risks associated with the bonds. FINRA determined that when LFC customers purchased the bonds, LFC and Lawson hid the material fact that Lawson was improperly transferring millions of dollars from the trust account to various parties when the borrowers were not able to pay their operating expenses or required interest payments on the bonds.
youtube
FINRA found that Lawson and his wife, Pamela Lawson (LFC’s Chief Operating Officer), who were co-trustees of the trust account, violated FINRA rules by breaching their fiduciary duties as trustees and engaging in self-dealing with the trust account. FINRA also determined that Robert Lawson misused customer funds. In addition to expelling LFC and barring Robert Lawson, FINRA suspended Pamela Lawson from associating with any FINRA member firm for two years and fined her $30,000 to be paid prior to her return to the securities industry. This disciplinary action settles a May 2016 complaint filed against LFC, Robert Lawson, and Pamela Lawson. In settling this matter, LFC, Robert Lawson and Pamela Lawson neither admitted nor denied the charges, but consented to the entry of FINRA’s findings.
SEC ANNOUNCES CASES RELATED TO DISCLOSURES DURING BATTLES FOR CORPORATE CONTROL
The Securities and Exchange Commission announced two enforcement actions involving disclosure violations that deprived investors of material information during battles for corporate control of publicly traded companies.
In one case, the SEC’s order finds that Texas-based oil refinery company CVR Energy made inadequate disclosures in SEC filings about “success fee” arrangements with two investment banks retained by the company to fend off a hostile takeover bid. Shareholders were consequently unaware of potential conflicts of interest that stemmed from the fee arrangements, namely that the banks could still earn success fees even if the hostile bidder secured control of the company. CVR agreed to settle the case without admitting or denying the findings in the SEC’s order, which notes that the company will not pay a penalty due to its remedial acts and extensive cooperation with the investigation.
youtube
The SEC’s order in the other case finds that groups of investors failed to properly disclose ownership information during a series of five campaigns to influence or exert control over microcap companies. Jeffrey E. Eberwein and Charles M. Gillman collaborated with mutual fund adviser Heartland Advisors in some of these campaigns, and other campaigns involved a hedge fund adviser headed by Eberwein called Lone Star Value Management and a private fund advised by Gillman called Boston Avenue Capital. In each of these campaigns, the groups collectively owned more than five percent and sometimes even more than 10 percent of the companies’ outstanding common stock, yet the required ownership filings to disclose that information to the investing public were either incomplete, untimely, or altogether absent. Without admitting or denying the findings, they consented to the SEC’s order and agreed to penalties of $90,000 for Eberwein, $30,000 for Gillman, $120,000 for Lone Star Value Management, and $180,000 for Heartland Advisors.
“Full, fair, and accurate disclosures from all parties in a battle for corporate influence or control are critically important to investors particularly when they are called upon to make decisions about their investments,” said Gerald Hodgkins, Associate Director of the SEC Division of Enforcement. “Investors in these companies were deprived of key facts needed to make informed investment decisions.”
SEC and Marijuana Business Lawyer Free Consultation
When you need legal help with the SEC or a Marijuana Business, please call Ascent Law for your free consultation (801) 676-5506. We want to help you.
Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506
Ascent Law LLC
4.9 stars – based on 67 reviews
Recent Posts
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Source: https://www.ascentlawfirm.com/sec-and-marijuana-business/
0 notes
toomanylegos · 9 months
Note
I need more incorrect quotes.
Please 🙏
How can I say no to a request so polite?
Hold on, let me fetch more for you-
Kal: Hey Leo. I'm here to pick up Jude. Some things changed around and our mission got moved up.
Leo: ...what?
Kal: Jude. He said he was hanging out with you today.
Leo, growing confused: No. I called him to see if he wanted to hang out cause David said he'd be hanging out with you today, but Jude said he was busy.
Kal, suspicion: ...David said he was with me?
Leo: Yeah. So, I would like to know what the plum fuck is going on.
Kal, sinking realization: ...has Jude or David said anything about a "research project" lately?
Leo, letting terrible realization roll over him: ......
Leo: oh sweet Mary mother of God
-
Jude: Alright, how many of those private messaging forums have you gotten into?
David, glasses glinting in mischief: All of them
Jude, smirking devilishly: Oh-hohoho this is going to be beautif-
Leo, busting into the room: ARE YOU TWO HACKING INTO GOVERNMENT FILES AGAIN!?
Jude: Leo, listen! Corruption needs to be uncovered! The people need to know!
David: Justice must be served!
Leo, in a panic over being on a watch list now: THIS IS ILLEGAL!! THIS IS SO MANY LEVELS OF ILLEGAL!!!
Jude, releasing dubious government files: PUBLIC CONDEMNATION!!!
David, popping champagne: JUSTICE!!!
Give me a moment, I have another one in the back
Elizabeth: Fine, but we're having salad for dinner.
Alexander, disappointed: But Ivani said we're having burgers.
Elizabeth: If Ivani jumped off a cliff, would you?
Alexander: [dead staring at the middle distance in deep thought]
Elizabeth, in shock: Alexander!
Alexander, stuttering like mad: I- uh- well-
Alexander: I mean it depends!
Elizabeth, scoldingly: Don't! Jump off! A cliff!
Alexander: Well I wasn't planning on it...
Elizabeth: But if Ivani jumped you would?!
Alexander: [EVEN HARDER STARE AT THE MIDDLE DISTANCE]
Elizabeth, shock x2: ALEXANDER!!!
Aaaaaand one more as a treat! 😘
Alice: Hi! Welcome to Applebee's! Would you like apples or bees? : )
Phoenix, hesitantly: B-Bees?
Alice: SHE HAS SELECTED THE BEES
Phoenix: Wa-Wait-
Alexei & Catherine, walking in with a jar of bees: >:)
Phoenix, in horror: WAIT-
3 notes · View notes
advertphoto · 5 years
Text
SEC and Marijuana Business
The Securities and Exchange Commission charged a Utah-based company and its founder with falsely touting “record” revenue numbers to investors and claiming to be a leader in the marijuana industry while some of its earnings came from sham transactions with a secret affiliate.
According to the SEC’s complaint, Medbox provided marijuana consulting services and claimed to sell vending machines known as “Medbox” devices capable of dispensing marijuana on the basis of biometric identification. The SEC alleges that Vincent Mehdizadeh created a shell company called New-Age Investment Consulting to carry out illegal stock sales and used the proceeds from those sales to boost Medbox’s revenue. Medbox allegedly issued press releases headlining the phony revenues as record earnings to legitimize itself as a viable commercial operation when in fact nearly 90 percent of the company’s revenue in the first quarter of 2014 stemmed from sham transactions with New-Age. Mehdizadeh allegedly acknowledged in a text message that “the only thing we are really good at is public company publicity and stock awareness. We get an A+ for creating revenue off sheer will but that won’t continue.”
youtube
Meanwhile, according to the SEC’s complaint, Mehdizadeh funded the purchase of a luxury home in the Pacific Palisades with proceeds from New-Age’s illicit stock sales.
The SEC’s complaint additionally charges Medbox’s then – CEO Bruce Bedrick with being complicit in the scheme and personally profiting. The SEC also charged New-Age and Mehdizadeh’s then-fiancée Yocelin Legaspi with unlawfully selling unregistered securities. Mehdizadeh installed Legaspi as the supposed CEO of New-Age when he created the company.
“As alleged in our complaint, investors were misled into believing that Medbox was a leader in the burgeoning marijuana industry when the company was just round-tripping money from illegal stock sales to boost revenue,” said Michele Wein Layne.
Mehdizadeh and Medbox, which has since changed its name to Notis Global, have agreed to settle the SEC’s charges. Mehdizadeh agreed to pay more than $12 million in disgorgement and penalties and agreed to be barred from serving as an officer or director of a public company or participating in any penny stock offerings. The settlements are subject to court approval. The SEC’s litigation continues against Bedrick, Legaspi, and New-Age.
FINRA EXPELS LAWSON FINANCIAL AND BARS CEO ROBERT LAWSON FOR FRAUDULENT MUNICIPAL BOND SALES
The Financial Industry Regulatory Authority (FINRA) announced today that it has expelled Phoenix-based Lawson Financial Corporation, Inc. (LFC) from FINRA membership, and has barred LFC’s CEO and President Robert Lawson from the securities industry for committing securities fraud when they sold millions of dollars of municipal revenue bonds to LFC customers. The bonds at issue were underwritten by LFC and related to an Arizona charter school and two assisted living facilities in Alabama (which were the borrowers on the bonds). FINRA found that Robert Lawson and LFC were aware that each borrower faced financial difficulties, and Lawson transferred millions of dollars to the borrowers and associated parties from a deceased customer’s trust account, in order to hide the borrowers’ financial condition and to hide the risks associated with the bonds. FINRA determined that when LFC customers purchased the bonds, LFC and Lawson hid the material fact that Lawson was improperly transferring millions of dollars from the trust account to various parties when the borrowers were not able to pay their operating expenses or required interest payments on the bonds.
youtube
FINRA found that Lawson and his wife, Pamela Lawson (LFC’s Chief Operating Officer), who were co-trustees of the trust account, violated FINRA rules by breaching their fiduciary duties as trustees and engaging in self-dealing with the trust account. FINRA also determined that Robert Lawson misused customer funds. In addition to expelling LFC and barring Robert Lawson, FINRA suspended Pamela Lawson from associating with any FINRA member firm for two years and fined her $30,000 to be paid prior to her return to the securities industry. This disciplinary action settles a May 2016 complaint filed against LFC, Robert Lawson, and Pamela Lawson. In settling this matter, LFC, Robert Lawson and Pamela Lawson neither admitted nor denied the charges, but consented to the entry of FINRA’s findings.
SEC ANNOUNCES CASES RELATED TO DISCLOSURES DURING BATTLES FOR CORPORATE CONTROL
The Securities and Exchange Commission announced two enforcement actions involving disclosure violations that deprived investors of material information during battles for corporate control of publicly traded companies.
In one case, the SEC’s order finds that Texas-based oil refinery company CVR Energy made inadequate disclosures in SEC filings about “success fee” arrangements with two investment banks retained by the company to fend off a hostile takeover bid. Shareholders were consequently unaware of potential conflicts of interest that stemmed from the fee arrangements, namely that the banks could still earn success fees even if the hostile bidder secured control of the company. CVR agreed to settle the case without admitting or denying the findings in the SEC’s order, which notes that the company will not pay a penalty due to its remedial acts and extensive cooperation with the investigation.
youtube
The SEC’s order in the other case finds that groups of investors failed to properly disclose ownership information during a series of five campaigns to influence or exert control over microcap companies. Jeffrey E. Eberwein and Charles M. Gillman collaborated with mutual fund adviser Heartland Advisors in some of these campaigns, and other campaigns involved a hedge fund adviser headed by Eberwein called Lone Star Value Management and a private fund advised by Gillman called Boston Avenue Capital. In each of these campaigns, the groups collectively owned more than five percent and sometimes even more than 10 percent of the companies’ outstanding common stock, yet the required ownership filings to disclose that information to the investing public were either incomplete, untimely, or altogether absent. Without admitting or denying the findings, they consented to the SEC’s order and agreed to penalties of $90,000 for Eberwein, $30,000 for Gillman, $120,000 for Lone Star Value Management, and $180,000 for Heartland Advisors.
“Full, fair, and accurate disclosures from all parties in a battle for corporate influence or control are critically important to investors particularly when they are called upon to make decisions about their investments,” said Gerald Hodgkins, Associate Director of the SEC Division of Enforcement. “Investors in these companies were deprived of key facts needed to make informed investment decisions.”
SEC and Marijuana Business Lawyer Free Consultation
When you need legal help with the SEC or a Marijuana Business, please call Ascent Law for your free consultation (801) 676-5506. We want to help you.
Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506
Ascent Law LLC
4.9 stars – based on 67 reviews
Recent Posts
Tenant Bankruptcy Affects a Landlord’s Eviction Rights
Transfer on Death Tax
PACA and Invoices
Paternity Lawyer in Utah
Trial Lawyer
Make Money with Your Patent
Source: https://www.ascentlawfirm.com/sec-and-marijuana-business/
0 notes
aretia · 5 years
Text
SEC and Marijuana Business
The Securities and Exchange Commission charged a Utah-based company and its founder with falsely touting “record” revenue numbers to investors and claiming to be a leader in the marijuana industry while some of its earnings came from sham transactions with a secret affiliate.
According to the SEC’s complaint, Medbox provided marijuana consulting services and claimed to sell vending machines known as “Medbox” devices capable of dispensing marijuana on the basis of biometric identification. The SEC alleges that Vincent Mehdizadeh created a shell company called New-Age Investment Consulting to carry out illegal stock sales and used the proceeds from those sales to boost Medbox’s revenue. Medbox allegedly issued press releases headlining the phony revenues as record earnings to legitimize itself as a viable commercial operation when in fact nearly 90 percent of the company’s revenue in the first quarter of 2014 stemmed from sham transactions with New-Age. Mehdizadeh allegedly acknowledged in a text message that “the only thing we are really good at is public company publicity and stock awareness. We get an A+ for creating revenue off sheer will but that won’t continue.”
youtube
Meanwhile, according to the SEC’s complaint, Mehdizadeh funded the purchase of a luxury home in the Pacific Palisades with proceeds from New-Age’s illicit stock sales.
The SEC’s complaint additionally charges Medbox’s then – CEO Bruce Bedrick with being complicit in the scheme and personally profiting. The SEC also charged New-Age and Mehdizadeh’s then-fiancée Yocelin Legaspi with unlawfully selling unregistered securities. Mehdizadeh installed Legaspi as the supposed CEO of New-Age when he created the company.
“As alleged in our complaint, investors were misled into believing that Medbox was a leader in the burgeoning marijuana industry when the company was just round-tripping money from illegal stock sales to boost revenue,” said Michele Wein Layne.
Mehdizadeh and Medbox, which has since changed its name to Notis Global, have agreed to settle the SEC’s charges. Mehdizadeh agreed to pay more than $12 million in disgorgement and penalties and agreed to be barred from serving as an officer or director of a public company or participating in any penny stock offerings. The settlements are subject to court approval. The SEC’s litigation continues against Bedrick, Legaspi, and New-Age.
FINRA EXPELS LAWSON FINANCIAL AND BARS CEO ROBERT LAWSON FOR FRAUDULENT MUNICIPAL BOND SALES
The Financial Industry Regulatory Authority (FINRA) announced today that it has expelled Phoenix-based Lawson Financial Corporation, Inc. (LFC) from FINRA membership, and has barred LFC’s CEO and President Robert Lawson from the securities industry for committing securities fraud when they sold millions of dollars of municipal revenue bonds to LFC customers. The bonds at issue were underwritten by LFC and related to an Arizona charter school and two assisted living facilities in Alabama (which were the borrowers on the bonds). FINRA found that Robert Lawson and LFC were aware that each borrower faced financial difficulties, and Lawson transferred millions of dollars to the borrowers and associated parties from a deceased customer’s trust account, in order to hide the borrowers’ financial condition and to hide the risks associated with the bonds. FINRA determined that when LFC customers purchased the bonds, LFC and Lawson hid the material fact that Lawson was improperly transferring millions of dollars from the trust account to various parties when the borrowers were not able to pay their operating expenses or required interest payments on the bonds.
youtube
FINRA found that Lawson and his wife, Pamela Lawson (LFC’s Chief Operating Officer), who were co-trustees of the trust account, violated FINRA rules by breaching their fiduciary duties as trustees and engaging in self-dealing with the trust account. FINRA also determined that Robert Lawson misused customer funds. In addition to expelling LFC and barring Robert Lawson, FINRA suspended Pamela Lawson from associating with any FINRA member firm for two years and fined her $30,000 to be paid prior to her return to the securities industry. This disciplinary action settles a May 2016 complaint filed against LFC, Robert Lawson, and Pamela Lawson. In settling this matter, LFC, Robert Lawson and Pamela Lawson neither admitted nor denied the charges, but consented to the entry of FINRA’s findings.
SEC ANNOUNCES CASES RELATED TO DISCLOSURES DURING BATTLES FOR CORPORATE CONTROL
The Securities and Exchange Commission announced two enforcement actions involving disclosure violations that deprived investors of material information during battles for corporate control of publicly traded companies.
In one case, the SEC’s order finds that Texas-based oil refinery company CVR Energy made inadequate disclosures in SEC filings about “success fee” arrangements with two investment banks retained by the company to fend off a hostile takeover bid. Shareholders were consequently unaware of potential conflicts of interest that stemmed from the fee arrangements, namely that the banks could still earn success fees even if the hostile bidder secured control of the company. CVR agreed to settle the case without admitting or denying the findings in the SEC’s order, which notes that the company will not pay a penalty due to its remedial acts and extensive cooperation with the investigation.
youtube
The SEC’s order in the other case finds that groups of investors failed to properly disclose ownership information during a series of five campaigns to influence or exert control over microcap companies. Jeffrey E. Eberwein and Charles M. Gillman collaborated with mutual fund adviser Heartland Advisors in some of these campaigns, and other campaigns involved a hedge fund adviser headed by Eberwein called Lone Star Value Management and a private fund advised by Gillman called Boston Avenue Capital. In each of these campaigns, the groups collectively owned more than five percent and sometimes even more than 10 percent of the companies’ outstanding common stock, yet the required ownership filings to disclose that information to the investing public were either incomplete, untimely, or altogether absent. Without admitting or denying the findings, they consented to the SEC’s order and agreed to penalties of $90,000 for Eberwein, $30,000 for Gillman, $120,000 for Lone Star Value Management, and $180,000 for Heartland Advisors.
“Full, fair, and accurate disclosures from all parties in a battle for corporate influence or control are critically important to investors particularly when they are called upon to make decisions about their investments,” said Gerald Hodgkins, Associate Director of the SEC Division of Enforcement. “Investors in these companies were deprived of key facts needed to make informed investment decisions.”
SEC and Marijuana Business Lawyer Free Consultation
When you need legal help with the SEC or a Marijuana Business, please call Ascent Law for your free consultation (801) 676-5506. We want to help you.
Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506
Ascent Law LLC
4.9 stars – based on 67 reviews
Recent Posts
Tenant Bankruptcy Affects a Landlord’s Eviction Rights
Transfer on Death Tax
PACA and Invoices
Paternity Lawyer in Utah
Trial Lawyer
Make Money with Your Patent
Source: https://www.ascentlawfirm.com/sec-and-marijuana-business/
0 notes
melissawalker01 · 5 years
Text
SEC and Marijuana Business
The Securities and Exchange Commission charged a Utah-based company and its founder with falsely touting “record” revenue numbers to investors and claiming to be a leader in the marijuana industry while some of its earnings came from sham transactions with a secret affiliate.
According to the SEC’s complaint, Medbox provided marijuana consulting services and claimed to sell vending machines known as “Medbox” devices capable of dispensing marijuana on the basis of biometric identification. The SEC alleges that Vincent Mehdizadeh created a shell company called New-Age Investment Consulting to carry out illegal stock sales and used the proceeds from those sales to boost Medbox’s revenue. Medbox allegedly issued press releases headlining the phony revenues as record earnings to legitimize itself as a viable commercial operation when in fact nearly 90 percent of the company’s revenue in the first quarter of 2014 stemmed from sham transactions with New-Age. Mehdizadeh allegedly acknowledged in a text message that “the only thing we are really good at is public company publicity and stock awareness. We get an A+ for creating revenue off sheer will but that won’t continue.”
youtube
Meanwhile, according to the SEC’s complaint, Mehdizadeh funded the purchase of a luxury home in the Pacific Palisades with proceeds from New-Age’s illicit stock sales.
The SEC’s complaint additionally charges Medbox’s then – CEO Bruce Bedrick with being complicit in the scheme and personally profiting. The SEC also charged New-Age and Mehdizadeh’s then-fiancée Yocelin Legaspi with unlawfully selling unregistered securities. Mehdizadeh installed Legaspi as the supposed CEO of New-Age when he created the company.
“As alleged in our complaint, investors were misled into believing that Medbox was a leader in the burgeoning marijuana industry when the company was just round-tripping money from illegal stock sales to boost revenue,” said Michele Wein Layne.
Mehdizadeh and Medbox, which has since changed its name to Notis Global, have agreed to settle the SEC’s charges. Mehdizadeh agreed to pay more than $12 million in disgorgement and penalties and agreed to be barred from serving as an officer or director of a public company or participating in any penny stock offerings. The settlements are subject to court approval. The SEC’s litigation continues against Bedrick, Legaspi, and New-Age.
FINRA EXPELS LAWSON FINANCIAL AND BARS CEO ROBERT LAWSON FOR FRAUDULENT MUNICIPAL BOND SALES
The Financial Industry Regulatory Authority (FINRA) announced today that it has expelled Phoenix-based Lawson Financial Corporation, Inc. (LFC) from FINRA membership, and has barred LFC’s CEO and President Robert Lawson from the securities industry for committing securities fraud when they sold millions of dollars of municipal revenue bonds to LFC customers. The bonds at issue were underwritten by LFC and related to an Arizona charter school and two assisted living facilities in Alabama (which were the borrowers on the bonds). FINRA found that Robert Lawson and LFC were aware that each borrower faced financial difficulties, and Lawson transferred millions of dollars to the borrowers and associated parties from a deceased customer’s trust account, in order to hide the borrowers’ financial condition and to hide the risks associated with the bonds. FINRA determined that when LFC customers purchased the bonds, LFC and Lawson hid the material fact that Lawson was improperly transferring millions of dollars from the trust account to various parties when the borrowers were not able to pay their operating expenses or required interest payments on the bonds.
youtube
FINRA found that Lawson and his wife, Pamela Lawson (LFC’s Chief Operating Officer), who were co-trustees of the trust account, violated FINRA rules by breaching their fiduciary duties as trustees and engaging in self-dealing with the trust account. FINRA also determined that Robert Lawson misused customer funds. In addition to expelling LFC and barring Robert Lawson, FINRA suspended Pamela Lawson from associating with any FINRA member firm for two years and fined her $30,000 to be paid prior to her return to the securities industry. This disciplinary action settles a May 2016 complaint filed against LFC, Robert Lawson, and Pamela Lawson. In settling this matter, LFC, Robert Lawson and Pamela Lawson neither admitted nor denied the charges, but consented to the entry of FINRA’s findings.
SEC ANNOUNCES CASES RELATED TO DISCLOSURES DURING BATTLES FOR CORPORATE CONTROL
The Securities and Exchange Commission announced two enforcement actions involving disclosure violations that deprived investors of material information during battles for corporate control of publicly traded companies.
In one case, the SEC’s order finds that Texas-based oil refinery company CVR Energy made inadequate disclosures in SEC filings about “success fee” arrangements with two investment banks retained by the company to fend off a hostile takeover bid. Shareholders were consequently unaware of potential conflicts of interest that stemmed from the fee arrangements, namely that the banks could still earn success fees even if the hostile bidder secured control of the company. CVR agreed to settle the case without admitting or denying the findings in the SEC’s order, which notes that the company will not pay a penalty due to its remedial acts and extensive cooperation with the investigation.
youtube
The SEC’s order in the other case finds that groups of investors failed to properly disclose ownership information during a series of five campaigns to influence or exert control over microcap companies. Jeffrey E. Eberwein and Charles M. Gillman collaborated with mutual fund adviser Heartland Advisors in some of these campaigns, and other campaigns involved a hedge fund adviser headed by Eberwein called Lone Star Value Management and a private fund advised by Gillman called Boston Avenue Capital. In each of these campaigns, the groups collectively owned more than five percent and sometimes even more than 10 percent of the companies’ outstanding common stock, yet the required ownership filings to disclose that information to the investing public were either incomplete, untimely, or altogether absent. Without admitting or denying the findings, they consented to the SEC’s order and agreed to penalties of $90,000 for Eberwein, $30,000 for Gillman, $120,000 for Lone Star Value Management, and $180,000 for Heartland Advisors.
“Full, fair, and accurate disclosures from all parties in a battle for corporate influence or control are critically important to investors particularly when they are called upon to make decisions about their investments,” said Gerald Hodgkins, Associate Director of the SEC Division of Enforcement. “Investors in these companies were deprived of key facts needed to make informed investment decisions.”
SEC and Marijuana Business Lawyer Free Consultation
When you need legal help with the SEC or a Marijuana Business, please call Ascent Law for your free consultation (801) 676-5506. We want to help you.
Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506
Ascent Law LLC
4.9 stars – based on 67 reviews
Recent Posts
Tenant Bankruptcy Affects a Landlord’s Eviction Rights
Transfer on Death Tax
PACA and Invoices
Paternity Lawyer in Utah
Trial Lawyer
Make Money with Your Patent
from Michael Anderson https://www.ascentlawfirm.com/sec-and-marijuana-business/ from Divorce Lawyer Nelson Farms Utah https://divorcelawyernelsonfarmsutah.tumblr.com/post/185173179760
0 notes
declankhan · 5 years
Text
SEC and Marijuana Business
The Securities and Exchange Commission charged a Utah-based company and its founder with falsely touting “record” revenue numbers to investors and claiming to be a leader in the marijuana industry while some of its earnings came from sham transactions with a secret affiliate.
According to the SEC’s complaint, Medbox provided marijuana consulting services and claimed to sell vending machines known as “Medbox” devices capable of dispensing marijuana on the basis of biometric identification. The SEC alleges that Vincent Mehdizadeh created a shell company called New-Age Investment Consulting to carry out illegal stock sales and used the proceeds from those sales to boost Medbox’s revenue. Medbox allegedly issued press releases headlining the phony revenues as record earnings to legitimize itself as a viable commercial operation when in fact nearly 90 percent of the company’s revenue in the first quarter of 2014 stemmed from sham transactions with New-Age. Mehdizadeh allegedly acknowledged in a text message that “the only thing we are really good at is public company publicity and stock awareness. We get an A+ for creating revenue off sheer will but that won’t continue.”
youtube
Meanwhile, according to the SEC’s complaint, Mehdizadeh funded the purchase of a luxury home in the Pacific Palisades with proceeds from New-Age’s illicit stock sales.
The SEC’s complaint additionally charges Medbox’s then – CEO Bruce Bedrick with being complicit in the scheme and personally profiting. The SEC also charged New-Age and Mehdizadeh’s then-fiancée Yocelin Legaspi with unlawfully selling unregistered securities. Mehdizadeh installed Legaspi as the supposed CEO of New-Age when he created the company.
“As alleged in our complaint, investors were misled into believing that Medbox was a leader in the burgeoning marijuana industry when the company was just round-tripping money from illegal stock sales to boost revenue,” said Michele Wein Layne.
Mehdizadeh and Medbox, which has since changed its name to Notis Global, have agreed to settle the SEC’s charges. Mehdizadeh agreed to pay more than $12 million in disgorgement and penalties and agreed to be barred from serving as an officer or director of a public company or participating in any penny stock offerings. The settlements are subject to court approval. The SEC’s litigation continues against Bedrick, Legaspi, and New-Age.
FINRA EXPELS LAWSON FINANCIAL AND BARS CEO ROBERT LAWSON FOR FRAUDULENT MUNICIPAL BOND SALES
The Financial Industry Regulatory Authority (FINRA) announced today that it has expelled Phoenix-based Lawson Financial Corporation, Inc. (LFC) from FINRA membership, and has barred LFC’s CEO and President Robert Lawson from the securities industry for committing securities fraud when they sold millions of dollars of municipal revenue bonds to LFC customers. The bonds at issue were underwritten by LFC and related to an Arizona charter school and two assisted living facilities in Alabama (which were the borrowers on the bonds). FINRA found that Robert Lawson and LFC were aware that each borrower faced financial difficulties, and Lawson transferred millions of dollars to the borrowers and associated parties from a deceased customer’s trust account, in order to hide the borrowers’ financial condition and to hide the risks associated with the bonds. FINRA determined that when LFC customers purchased the bonds, LFC and Lawson hid the material fact that Lawson was improperly transferring millions of dollars from the trust account to various parties when the borrowers were not able to pay their operating expenses or required interest payments on the bonds.
youtube
FINRA found that Lawson and his wife, Pamela Lawson (LFC’s Chief Operating Officer), who were co-trustees of the trust account, violated FINRA rules by breaching their fiduciary duties as trustees and engaging in self-dealing with the trust account. FINRA also determined that Robert Lawson misused customer funds. In addition to expelling LFC and barring Robert Lawson, FINRA suspended Pamela Lawson from associating with any FINRA member firm for two years and fined her $30,000 to be paid prior to her return to the securities industry. This disciplinary action settles a May 2016 complaint filed against LFC, Robert Lawson, and Pamela Lawson. In settling this matter, LFC, Robert Lawson and Pamela Lawson neither admitted nor denied the charges, but consented to the entry of FINRA’s findings.
SEC ANNOUNCES CASES RELATED TO DISCLOSURES DURING BATTLES FOR CORPORATE CONTROL
The Securities and Exchange Commission announced two enforcement actions involving disclosure violations that deprived investors of material information during battles for corporate control of publicly traded companies.
In one case, the SEC’s order finds that Texas-based oil refinery company CVR Energy made inadequate disclosures in SEC filings about “success fee” arrangements with two investment banks retained by the company to fend off a hostile takeover bid. Shareholders were consequently unaware of potential conflicts of interest that stemmed from the fee arrangements, namely that the banks could still earn success fees even if the hostile bidder secured control of the company. CVR agreed to settle the case without admitting or denying the findings in the SEC’s order, which notes that the company will not pay a penalty due to its remedial acts and extensive cooperation with the investigation.
youtube
The SEC’s order in the other case finds that groups of investors failed to properly disclose ownership information during a series of five campaigns to influence or exert control over microcap companies. Jeffrey E. Eberwein and Charles M. Gillman collaborated with mutual fund adviser Heartland Advisors in some of these campaigns, and other campaigns involved a hedge fund adviser headed by Eberwein called Lone Star Value Management and a private fund advised by Gillman called Boston Avenue Capital. In each of these campaigns, the groups collectively owned more than five percent and sometimes even more than 10 percent of the companies’ outstanding common stock, yet the required ownership filings to disclose that information to the investing public were either incomplete, untimely, or altogether absent. Without admitting or denying the findings, they consented to the SEC’s order and agreed to penalties of $90,000 for Eberwein, $30,000 for Gillman, $120,000 for Lone Star Value Management, and $180,000 for Heartland Advisors.
“Full, fair, and accurate disclosures from all parties in a battle for corporate influence or control are critically important to investors particularly when they are called upon to make decisions about their investments,” said Gerald Hodgkins, Associate Director of the SEC Division of Enforcement. “Investors in these companies were deprived of key facts needed to make informed investment decisions.”
SEC and Marijuana Business Lawyer Free Consultation
When you need legal help with the SEC or a Marijuana Business, please call Ascent Law for your free consultation (801) 676-5506. We want to help you.
Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506
Ascent Law LLC
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Repost: https://www.ascentlawfirm.com/sec-and-marijuana-business/ “Steven E. Rush / Divorce Lawyer Utah” http://www.ascentlawfirm.com/
Repost: https://stevenrushutah.wordpress.com/2019/05/27/sec-and-marijuana-business/ * Steven E. Rush * https://stevenrushutah.wordpress.com/
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mayarosa47 · 5 years
Text
SEC and Marijuana Business
The Securities and Exchange Commission charged a Utah-based company and its founder with falsely touting “record” revenue numbers to investors and claiming to be a leader in the marijuana industry while some of its earnings came from sham transactions with a secret affiliate.
According to the SEC’s complaint, Medbox provided marijuana consulting services and claimed to sell vending machines known as “Medbox” devices capable of dispensing marijuana on the basis of biometric identification. The SEC alleges that Vincent Mehdizadeh created a shell company called New-Age Investment Consulting to carry out illegal stock sales and used the proceeds from those sales to boost Medbox’s revenue. Medbox allegedly issued press releases headlining the phony revenues as record earnings to legitimize itself as a viable commercial operation when in fact nearly 90 percent of the company’s revenue in the first quarter of 2014 stemmed from sham transactions with New-Age. Mehdizadeh allegedly acknowledged in a text message that “the only thing we are really good at is public company publicity and stock awareness. We get an A+ for creating revenue off sheer will but that won’t continue.”
Meanwhile, according to the SEC’s complaint, Mehdizadeh funded the purchase of a luxury home in the Pacific Palisades with proceeds from New-Age’s illicit stock sales.
The SEC’s complaint additionally charges Medbox’s then – CEO Bruce Bedrick with being complicit in the scheme and personally profiting. The SEC also charged New-Age and Mehdizadeh’s then-fiancée Yocelin Legaspi with unlawfully selling unregistered securities. Mehdizadeh installed Legaspi as the supposed CEO of New-Age when he created the company.
“As alleged in our complaint, investors were misled into believing that Medbox was a leader in the burgeoning marijuana industry when the company was just round-tripping money from illegal stock sales to boost revenue,” said Michele Wein Layne.
Mehdizadeh and Medbox, which has since changed its name to Notis Global, have agreed to settle the SEC’s charges. Mehdizadeh agreed to pay more than $12 million in disgorgement and penalties and agreed to be barred from serving as an officer or director of a public company or participating in any penny stock offerings. The settlements are subject to court approval. The SEC’s litigation continues against Bedrick, Legaspi, and New-Age.
FINRA EXPELS LAWSON FINANCIAL AND BARS CEO ROBERT LAWSON FOR FRAUDULENT MUNICIPAL BOND SALES
The Financial Industry Regulatory Authority (FINRA) announced today that it has expelled Phoenix-based Lawson Financial Corporation, Inc. (LFC) from FINRA membership, and has barred LFC’s CEO and President Robert Lawson from the securities industry for committing securities fraud when they sold millions of dollars of municipal revenue bonds to LFC customers. The bonds at issue were underwritten by LFC and related to an Arizona charter school and two assisted living facilities in Alabama (which were the borrowers on the bonds). FINRA found that Robert Lawson and LFC were aware that each borrower faced financial difficulties, and Lawson transferred millions of dollars to the borrowers and associated parties from a deceased customer’s trust account, in order to hide the borrowers’ financial condition and to hide the risks associated with the bonds. FINRA determined that when LFC customers purchased the bonds, LFC and Lawson hid the material fact that Lawson was improperly transferring millions of dollars from the trust account to various parties when the borrowers were not able to pay their operating expenses or required interest payments on the bonds.
FINRA found that Lawson and his wife, Pamela Lawson (LFC’s Chief Operating Officer), who were co-trustees of the trust account, violated FINRA rules by breaching their fiduciary duties as trustees and engaging in self-dealing with the trust account. FINRA also determined that Robert Lawson misused customer funds. In addition to expelling LFC and barring Robert Lawson, FINRA suspended Pamela Lawson from associating with any FINRA member firm for two years and fined her $30,000 to be paid prior to her return to the securities industry. This disciplinary action settles a May 2016 complaint filed against LFC, Robert Lawson, and Pamela Lawson. In settling this matter, LFC, Robert Lawson and Pamela Lawson neither admitted nor denied the charges, but consented to the entry of FINRA’s findings.
SEC ANNOUNCES CASES RELATED TO DISCLOSURES DURING BATTLES FOR CORPORATE CONTROL
The Securities and Exchange Commission announced two enforcement actions involving disclosure violations that deprived investors of material information during battles for corporate control of publicly traded companies.
In one case, the SEC’s order finds that Texas-based oil refinery company CVR Energy made inadequate disclosures in SEC filings about “success fee” arrangements with two investment banks retained by the company to fend off a hostile takeover bid. Shareholders were consequently unaware of potential conflicts of interest that stemmed from the fee arrangements, namely that the banks could still earn success fees even if the hostile bidder secured control of the company. CVR agreed to settle the case without admitting or denying the findings in the SEC’s order, which notes that the company will not pay a penalty due to its remedial acts and extensive cooperation with the investigation.
The SEC’s order in the other case finds that groups of investors failed to properly disclose ownership information during a series of five campaigns to influence or exert control over microcap companies. Jeffrey E. Eberwein and Charles M. Gillman collaborated with mutual fund adviser Heartland Advisors in some of these campaigns, and other campaigns involved a hedge fund adviser headed by Eberwein called Lone Star Value Management and a private fund advised by Gillman called Boston Avenue Capital. In each of these campaigns, the groups collectively owned more than five percent and sometimes even more than 10 percent of the companies’ outstanding common stock, yet the required ownership filings to disclose that information to the investing public were either incomplete, untimely, or altogether absent. Without admitting or denying the findings, they consented to the SEC’s order and agreed to penalties of $90,000 for Eberwein, $30,000 for Gillman, $120,000 for Lone Star Value Management, and $180,000 for Heartland Advisors.
“Full, fair, and accurate disclosures from all parties in a battle for corporate influence or control are critically important to investors particularly when they are called upon to make decisions about their investments,” said Gerald Hodgkins, Associate Director of the SEC Division of Enforcement. “Investors in these companies were deprived of key facts needed to make informed investment decisions.”
SEC and Marijuana Business Lawyer Free Consultation
When you need legal help with the SEC or a Marijuana Business, please call Ascent Law for your free consultation (801) 676-5506. We want to help you.
Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506
Ascent Law LLC
4.9 stars – based on 67 reviews
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from https://www.ascentlawfirm.com/sec-and-marijuana-business/
from Criminal Defense Lawyer West Jordan Utah - Blog http://criminaldefenselawyerwestjordanutah.weebly.com/blog/sec-and-marijuana-business
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michaeljames1221 · 5 years
Text
SEC and Marijuana Business
The Securities and Exchange Commission charged a Utah-based company and its founder with falsely touting “record” revenue numbers to investors and claiming to be a leader in the marijuana industry while some of its earnings came from sham transactions with a secret affiliate.
According to the SEC’s complaint, Medbox provided marijuana consulting services and claimed to sell vending machines known as “Medbox” devices capable of dispensing marijuana on the basis of biometric identification. The SEC alleges that Vincent Mehdizadeh created a shell company called New-Age Investment Consulting to carry out illegal stock sales and used the proceeds from those sales to boost Medbox’s revenue. Medbox allegedly issued press releases headlining the phony revenues as record earnings to legitimize itself as a viable commercial operation when in fact nearly 90 percent of the company’s revenue in the first quarter of 2014 stemmed from sham transactions with New-Age. Mehdizadeh allegedly acknowledged in a text message that “the only thing we are really good at is public company publicity and stock awareness. We get an A+ for creating revenue off sheer will but that won’t continue.”
youtube
Meanwhile, according to the SEC’s complaint, Mehdizadeh funded the purchase of a luxury home in the Pacific Palisades with proceeds from New-Age’s illicit stock sales.
The SEC’s complaint additionally charges Medbox’s then – CEO Bruce Bedrick with being complicit in the scheme and personally profiting. The SEC also charged New-Age and Mehdizadeh’s then-fiancée Yocelin Legaspi with unlawfully selling unregistered securities. Mehdizadeh installed Legaspi as the supposed CEO of New-Age when he created the company.
“As alleged in our complaint, investors were misled into believing that Medbox was a leader in the burgeoning marijuana industry when the company was just round-tripping money from illegal stock sales to boost revenue,” said Michele Wein Layne.
Mehdizadeh and Medbox, which has since changed its name to Notis Global, have agreed to settle the SEC’s charges. Mehdizadeh agreed to pay more than $12 million in disgorgement and penalties and agreed to be barred from serving as an officer or director of a public company or participating in any penny stock offerings. The settlements are subject to court approval. The SEC’s litigation continues against Bedrick, Legaspi, and New-Age.
FINRA EXPELS LAWSON FINANCIAL AND BARS CEO ROBERT LAWSON FOR FRAUDULENT MUNICIPAL BOND SALES
The Financial Industry Regulatory Authority (FINRA) announced today that it has expelled Phoenix-based Lawson Financial Corporation, Inc. (LFC) from FINRA membership, and has barred LFC’s CEO and President Robert Lawson from the securities industry for committing securities fraud when they sold millions of dollars of municipal revenue bonds to LFC customers. The bonds at issue were underwritten by LFC and related to an Arizona charter school and two assisted living facilities in Alabama (which were the borrowers on the bonds). FINRA found that Robert Lawson and LFC were aware that each borrower faced financial difficulties, and Lawson transferred millions of dollars to the borrowers and associated parties from a deceased customer’s trust account, in order to hide the borrowers’ financial condition and to hide the risks associated with the bonds. FINRA determined that when LFC customers purchased the bonds, LFC and Lawson hid the material fact that Lawson was improperly transferring millions of dollars from the trust account to various parties when the borrowers were not able to pay their operating expenses or required interest payments on the bonds.
youtube
FINRA found that Lawson and his wife, Pamela Lawson (LFC’s Chief Operating Officer), who were co-trustees of the trust account, violated FINRA rules by breaching their fiduciary duties as trustees and engaging in self-dealing with the trust account. FINRA also determined that Robert Lawson misused customer funds. In addition to expelling LFC and barring Robert Lawson, FINRA suspended Pamela Lawson from associating with any FINRA member firm for two years and fined her $30,000 to be paid prior to her return to the securities industry. This disciplinary action settles a May 2016 complaint filed against LFC, Robert Lawson, and Pamela Lawson. In settling this matter, LFC, Robert Lawson and Pamela Lawson neither admitted nor denied the charges, but consented to the entry of FINRA’s findings.
SEC ANNOUNCES CASES RELATED TO DISCLOSURES DURING BATTLES FOR CORPORATE CONTROL
The Securities and Exchange Commission announced two enforcement actions involving disclosure violations that deprived investors of material information during battles for corporate control of publicly traded companies.
In one case, the SEC’s order finds that Texas-based oil refinery company CVR Energy made inadequate disclosures in SEC filings about “success fee” arrangements with two investment banks retained by the company to fend off a hostile takeover bid. Shareholders were consequently unaware of potential conflicts of interest that stemmed from the fee arrangements, namely that the banks could still earn success fees even if the hostile bidder secured control of the company. CVR agreed to settle the case without admitting or denying the findings in the SEC’s order, which notes that the company will not pay a penalty due to its remedial acts and extensive cooperation with the investigation.
youtube
The SEC’s order in the other case finds that groups of investors failed to properly disclose ownership information during a series of five campaigns to influence or exert control over microcap companies. Jeffrey E. Eberwein and Charles M. Gillman collaborated with mutual fund adviser Heartland Advisors in some of these campaigns, and other campaigns involved a hedge fund adviser headed by Eberwein called Lone Star Value Management and a private fund advised by Gillman called Boston Avenue Capital. In each of these campaigns, the groups collectively owned more than five percent and sometimes even more than 10 percent of the companies’ outstanding common stock, yet the required ownership filings to disclose that information to the investing public were either incomplete, untimely, or altogether absent. Without admitting or denying the findings, they consented to the SEC’s order and agreed to penalties of $90,000 for Eberwein, $30,000 for Gillman, $120,000 for Lone Star Value Management, and $180,000 for Heartland Advisors.
“Full, fair, and accurate disclosures from all parties in a battle for corporate influence or control are critically important to investors particularly when they are called upon to make decisions about their investments,” said Gerald Hodgkins, Associate Director of the SEC Division of Enforcement. “Investors in these companies were deprived of key facts needed to make informed investment decisions.”
SEC and Marijuana Business Lawyer Free Consultation
When you need legal help with the SEC or a Marijuana Business, please call Ascent Law for your free consultation (801) 676-5506. We want to help you.
Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506
Ascent Law LLC
4.9 stars – based on 67 reviews
Recent Posts
Tenant Bankruptcy Affects a Landlord’s Eviction Rights
Transfer on Death Tax
PACA and Invoices
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from Michael Anderson https://www.ascentlawfirm.com/sec-and-marijuana-business/
from Criminal Defense Lawyer West Jordan Utah https://criminaldefenselawyerwestjordanutah.wordpress.com/2019/05/27/sec-and-marijuana-business/
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Text
SEC and Marijuana Business
The Securities and Exchange Commission charged a Utah-based company and its founder with falsely touting “record” revenue numbers to investors and claiming to be a leader in the marijuana industry while some of its earnings came from sham transactions with a secret affiliate.
According to the SEC’s complaint, Medbox provided marijuana consulting services and claimed to sell vending machines known as “Medbox” devices capable of dispensing marijuana on the basis of biometric identification. The SEC alleges that Vincent Mehdizadeh created a shell company called New-Age Investment Consulting to carry out illegal stock sales and used the proceeds from those sales to boost Medbox’s revenue. Medbox allegedly issued press releases headlining the phony revenues as record earnings to legitimize itself as a viable commercial operation when in fact nearly 90 percent of the company’s revenue in the first quarter of 2014 stemmed from sham transactions with New-Age. Mehdizadeh allegedly acknowledged in a text message that “the only thing we are really good at is public company publicity and stock awareness. We get an A+ for creating revenue off sheer will but that won’t continue.”
youtube
Meanwhile, according to the SEC’s complaint, Mehdizadeh funded the purchase of a luxury home in the Pacific Palisades with proceeds from New-Age’s illicit stock sales.
The SEC’s complaint additionally charges Medbox’s then – CEO Bruce Bedrick with being complicit in the scheme and personally profiting. The SEC also charged New-Age and Mehdizadeh’s then-fiancée Yocelin Legaspi with unlawfully selling unregistered securities. Mehdizadeh installed Legaspi as the supposed CEO of New-Age when he created the company.
“As alleged in our complaint, investors were misled into believing that Medbox was a leader in the burgeoning marijuana industry when the company was just round-tripping money from illegal stock sales to boost revenue,” said Michele Wein Layne.
Mehdizadeh and Medbox, which has since changed its name to Notis Global, have agreed to settle the SEC’s charges. Mehdizadeh agreed to pay more than $12 million in disgorgement and penalties and agreed to be barred from serving as an officer or director of a public company or participating in any penny stock offerings. The settlements are subject to court approval. The SEC’s litigation continues against Bedrick, Legaspi, and New-Age.
FINRA EXPELS LAWSON FINANCIAL AND BARS CEO ROBERT LAWSON FOR FRAUDULENT MUNICIPAL BOND SALES
The Financial Industry Regulatory Authority (FINRA) announced today that it has expelled Phoenix-based Lawson Financial Corporation, Inc. (LFC) from FINRA membership, and has barred LFC’s CEO and President Robert Lawson from the securities industry for committing securities fraud when they sold millions of dollars of municipal revenue bonds to LFC customers. The bonds at issue were underwritten by LFC and related to an Arizona charter school and two assisted living facilities in Alabama (which were the borrowers on the bonds). FINRA found that Robert Lawson and LFC were aware that each borrower faced financial difficulties, and Lawson transferred millions of dollars to the borrowers and associated parties from a deceased customer’s trust account, in order to hide the borrowers’ financial condition and to hide the risks associated with the bonds. FINRA determined that when LFC customers purchased the bonds, LFC and Lawson hid the material fact that Lawson was improperly transferring millions of dollars from the trust account to various parties when the borrowers were not able to pay their operating expenses or required interest payments on the bonds.
youtube
FINRA found that Lawson and his wife, Pamela Lawson (LFC’s Chief Operating Officer), who were co-trustees of the trust account, violated FINRA rules by breaching their fiduciary duties as trustees and engaging in self-dealing with the trust account. FINRA also determined that Robert Lawson misused customer funds. In addition to expelling LFC and barring Robert Lawson, FINRA suspended Pamela Lawson from associating with any FINRA member firm for two years and fined her $30,000 to be paid prior to her return to the securities industry. This disciplinary action settles a May 2016 complaint filed against LFC, Robert Lawson, and Pamela Lawson. In settling this matter, LFC, Robert Lawson and Pamela Lawson neither admitted nor denied the charges, but consented to the entry of FINRA’s findings.
SEC ANNOUNCES CASES RELATED TO DISCLOSURES DURING BATTLES FOR CORPORATE CONTROL
The Securities and Exchange Commission announced two enforcement actions involving disclosure violations that deprived investors of material information during battles for corporate control of publicly traded companies.
In one case, the SEC’s order finds that Texas-based oil refinery company CVR Energy made inadequate disclosures in SEC filings about “success fee” arrangements with two investment banks retained by the company to fend off a hostile takeover bid. Shareholders were consequently unaware of potential conflicts of interest that stemmed from the fee arrangements, namely that the banks could still earn success fees even if the hostile bidder secured control of the company. CVR agreed to settle the case without admitting or denying the findings in the SEC’s order, which notes that the company will not pay a penalty due to its remedial acts and extensive cooperation with the investigation.
youtube
The SEC’s order in the other case finds that groups of investors failed to properly disclose ownership information during a series of five campaigns to influence or exert control over microcap companies. Jeffrey E. Eberwein and Charles M. Gillman collaborated with mutual fund adviser Heartland Advisors in some of these campaigns, and other campaigns involved a hedge fund adviser headed by Eberwein called Lone Star Value Management and a private fund advised by Gillman called Boston Avenue Capital. In each of these campaigns, the groups collectively owned more than five percent and sometimes even more than 10 percent of the companies’ outstanding common stock, yet the required ownership filings to disclose that information to the investing public were either incomplete, untimely, or altogether absent. Without admitting or denying the findings, they consented to the SEC’s order and agreed to penalties of $90,000 for Eberwein, $30,000 for Gillman, $120,000 for Lone Star Value Management, and $180,000 for Heartland Advisors.
“Full, fair, and accurate disclosures from all parties in a battle for corporate influence or control are critically important to investors particularly when they are called upon to make decisions about their investments,” said Gerald Hodgkins, Associate Director of the SEC Division of Enforcement. “Investors in these companies were deprived of key facts needed to make informed investment decisions.”
SEC and Marijuana Business Lawyer Free Consultation
When you need legal help with the SEC or a Marijuana Business, please call Ascent Law for your free consultation (801) 676-5506. We want to help you.
Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506
Ascent Law LLC
4.9 stars – based on 67 reviews
Recent Posts
Tenant Bankruptcy Affects a Landlord’s Eviction Rights
Transfer on Death Tax
PACA and Invoices
Paternity Lawyer in Utah
Trial Lawyer
Make Money with Your Patent
Source: https://www.ascentlawfirm.com/sec-and-marijuana-business/
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