SEC v. Nutra Pharma Corporation, et al. (unregistered distributions, 2024)
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 August 2024 a federal court entered final judgment against Nutra Pharma Corp. for Section 5 and reporting violations, ordering $520,940 disgorgement, $59,295 interest and a $100,000 penalty.
The record
| Agency | SEC |
|---|---|
| Release number | LR-26088 |
| Date filed | 2024-08-30 |
| Date resolved | 2024-08-30 |
| Court | U.S. District Court, Eastern District of New York |
| Status | judgment |
| Criminal parallel | No |
| Defendants | Nutra Pharma Corp. |
| Cited as charged or alleged | Exchange Act s.10(b) and Rule 10b-5 ; Exchange Act s.13(a) ; Securities Act s.17(a) ; Securities Act s.5 |
| Techniques | Unregistered distributions |
What was ordered
- Civil penalty
- $100k
- Disgorgement
- $521k
- Prejudgment interest
- $59.3k
- Total relief
- $680k
- Alleged gain
- —
What is alleged to have happened
On August 30, 2024 the SEC announced a final judgment entered August 28, 2024 against Nutra Pharma Corp. in the Eastern District of New York. The court had granted summary judgment in August 2022 that Nutra Pharma violated Securities Act Sections 5(a) and 5(c) and Exchange Act Section 13(a), and a March 2024 partial consent judgment ordered $520,940 in disgorgement, $59,295.05 in interest and a $100,000 penalty. The record previously omitted the penalty and showed the company as 'et al.'.
This library tags the matter as unregistered distributions, based on the conduct the document describes. 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.
- Unregistered distributions — see how it works, what statute it engages, and every other action tagged the same way.
Timeline
- 2024-08-30 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 4 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 |
|---|---|---|---|
| 2018-09-28 | SEC | SEC v. Nutra Pharma Corp. et al (unregistered distributions, 2018) | Settled |
| 2022-09-16 | SEC | SEC v. Nutra Pharma Corp. et al (unregistered distributions, 2022) | Judgment entered |
| 2024-05-15 | SEC | SEC v. Nutra Pharma Corp. et al (unregistered distributions, 2024) | Judgment entered |
| 2024-08-30 | SEC | SEC v. Nutra Pharma Corporation, et al. (unregistered distributions, 2024) | Judgment entered |
Related actions
Other actions in the library sharing at least one technique tag with this one.
| Action | Agency | Filed | Technique | Penalty | Status |
|---|---|---|---|---|---|
| SEC v. Zachary Miller (unregistered distributions, 2026) | SEC | 2026-03-05 | Unregistered Distributions | — | settled |
| SEC v. David Hudzik (unregistered distributions, 2025) | SEC | 2025-12-23 | Unregistered Distributions | $70k | judgment |
| SEC v. Ongkaruck Sripetch and others (pump and dump, 2025) | SEC | 2025-06-20 | Pump And Dump , Unregistered Distributions | $204k | judgment |
| SEC v. Peter Scalise III and The3rdBevco Inc. (unregistered distributions, 2025) | SEC | 2025-06-17 | Unregistered Distributions | $236k | settled |
| SEC v. Investview, Inc. (unregistered distributions, 2025) | SEC | 2025-01-17 | Unregistered Distributions | $375k | settled |
| SEC v. Tai Mo Shan Limited (unregistered distributions, 2024) | SEC | 2024-12-20 | Unregistered Distributions | $36.7m | settled |