SEC v. Michael J. Starkweather and Andiamo Corporation (fake press releases, 2021)
Judgment entered
Checked against the primary document on October 2, 2026. The library's summary, tags and figures for this record were compared with the regulator's own document by an AI model (Claude) following written instructions, with sampled and disputed records read a second time. No lawyer has reviewed them. A checked record can still contain errors, and checked does not mean endorsed. See how we check records or report a correction.
In 2021, the Securities and Exchange Commission published a release announcing it had obtained a default judgment against Andiamo Corporation over a false press release. This library classifies the conduct as fake press releases.
The record
| Agency | SEC |
|---|---|
| Release number | LR-25281 |
| Date filed | 2021-12-03 |
| Date resolved | 2021-12-03 |
| Court | U.S. District Court, Eastern District of New York |
| Status | judgment |
| Criminal parallel | No |
| Defendants | Michael J. Starkweather ; Andiamo Corporation |
| Cited as charged or alleged | Exchange Act s.10(b) and Rule 10b-5 |
| Techniques | Fake press releases |
What was ordered
- Civil penalty
- —
- Disgorgement
- —
- Prejudgment interest
- —
- Total relief
- —
- Alleged gain
- —
What is alleged to have happened
the Securities and Exchange Commission announced this matter on December 3, 2021 as release LR-25281. The respondents named are Michael J. Starkweather and Andiamo Corporation (1 individual, 1 entity). The action was brought in the U.S. District Court, Eastern District of New York.
The release reports a default judgment against Andiamo for a false smartphone press release; the complaint also alleges the CEO received kickbacks from a stock promoter. That is the reverse of undisclosed paid promotion, so the tag has been removed.
This library tags the matter as fake press releases, based on the conduct the regulator describes. Each tag links to a page explaining how that technique works, what statute it engages, and what penalties comparable actions have attracted. The tagging is ours, not the regulator's: agencies charge statutory provisions, not technique names.
For the regulator's own account of the facts, read the primary document linked above. This page deliberately summarises the structured record rather than reproducing the release.
What technique is this, and how does it work?
This action is tagged with one technique in our taxonomy. The tagging is ours: regulators charge statutory provisions, not technique names, so the mapping is an editorial judgement described in our editorial policy.
- Fake press releases — see how it works, what statute it engages, and every other action tagged the same way.
Timeline
- 2021-12-03 Litigation release published
Primary documents
Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.
Same matter
The library links these 2 records because they appear to concern one matter: the same lead defendant, an overlapping technique tag and close filing dates, or a shared court docket or a release that cites the other. Records are listed by date filed.
| Date filed | Agency | Record | Status |
|---|---|---|---|
| 2019-10-17 | SEC | SEC v. Michael J. Starkweather and Andiamo Corporation, William White (matched orders, 2019) | Settled |
| 2021-12-03 | SEC | SEC v. Michael J. Starkweather and Andiamo Corporation (fake press releases, 2021) | Judgment entered |
Related actions
Other actions in the library sharing at least one technique tag with this one.
| Action | Agency | Filed | Technique | Penalty | Status |
|---|---|---|---|---|---|
| SEBI v. Kalahridhaan Trendz Limited and others (false corporate announcements, 2026) | SEBI (India) | 2026-07-30 | Misleading Issuer Disclosure , Fake Press Releases | — | judgment |
| SEC v. Muhammad Saad Shoukat and others (fake press releases, 2026) | SEC | 2026-01-06 | Fake Press Releases , Insider Trading | — | filed |
| SEC v. Jeremy Koski (fake press releases, 2023) | SEC | 2023-09-01 | Fake Press Releases | $100k | settled |
| SEC v. In Ovations Holdings, Inc. and Mark Goldberg (fake press releases, 2022) | SEC | 2022-12-09 | Fake Press Releases | — | judgment |
| SEC v. Mark A. Miller (fake press releases, 2021) | SEC | 2021-06-21 | Fake Press Releases , Pump And Dump | — | judgment |
| SEC v. Turbo Global Partners, Inc. and Robert W. Singerman (fake press releases, 2020) | SEC | 2020-05-14 | Fake Press Releases | — | settled |