Market Manipulation. Search

SEC v. Michael M. Beck and Helen Robinson (social media ramps, 2024)

Judgment entered

Machine-extracted, pending human review. The structured fields on this page were parsed automatically from the regulator's own release, linked below. Read the primary document before relying on any figure here, and tell us if something is wrong.

In 2024, the Securities and Exchange Commission obtained a judgment against Michael M. Beck and Helen Robinson, alleging conduct this library classifies as social media ramps. The release records a civil penalty of $230,464, disgorgement of $572,270, prejudgment interest of $112,062.

The record

Structured fields for this action, as recorded in our case library.
Agency SEC
Release number LR-26003
Date filed 2024-05-13
Date resolved 2024-05-13
Court U.S. District Court, Central District of California
Status judgment
Asset class equities
Criminal parallel No
Bars imposed penny stock bar
Defendants Michael M. Beck (individual) ; Helen Robinson (individual)
Techniques Social media ramps

What was ordered

Civil penalty
$230k
Disgorgement
$572k
Prejudgment interest
$112k
Total relief
$915k
Alleged gain
—

A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars.

What is alleged to have happened

the Securities and Exchange Commission announced this matter on May 13, 2024 as release LR-26003. The respondents named are Michael M. Beck and Helen Robinson (2 individuals, 0 entities). The action was brought in the U.S. District Court, Central District of California.

This library tags the matter as social media ramps, 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.

The conduct is recorded against equities.

The relief recorded in our data is a civil monetary penalty of $230,464, disgorgement of $572,270, prejudgment interest of $112,062. Penalty and disgorgement are distinct: disgorgement returns the gain, while the penalty is punitive. We store them separately so that aggregate figures across the library are not double-counted.

Non-monetary relief recorded: penny stock bar.

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.

Timeline

  1. 2024-05-13 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.

The linked release is a work of the United States government and is not subject to copyright. Our summary and narrative above are our own writing.

Other actions in the library sharing at least one technique tag with this one.

Action Agency Filed Technique Penalty Status
SEC v. Brett Rosen and others (social media ramps, 2026) SEC 2026-02-04 Social Media Ramps — filed
SEC v. David Banister, et al. (social media ramps, 2024) SEC 2024-12-10 Social Media Ramps — filed
SEC v. Jeremy Koski (social media ramps, 2023) SEC 2023-09-01 Social Media Ramps — filed
SEC v. Francis Sabo (social media ramps, 2023) SEC 2023-05-26 Social Media Ramps — settled
SEC v. Edward Constantin, et al. (social media ramps, 2022) SEC 2022-12-14 Social Media Ramps — filed
SEC v. Justin Costello and David Ferraro (social media ramps, 2022) SEC 2022-10-06 Social Media Ramps — filed

Record added September 20, 2026. submit a correction.