Market Manipulation. Search

SEC v. Stacey Beane, Justin Deckert and Travis Laska (2020)

Judgment entered

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In March 2020 the SEC charged Stacey Beane, Justin Deckert and Travis Laska with falsifying and withholding documents in an examination and investigation of adviser Stephen Peters's fraudulent $10 million note offering. Deckert consented to a judgment with a $30,000 penalty and an industry bar with a right to reapply after five years.

The record

Structured fields for this action, as recorded in our case library.
Agency SEC
Release number LR-24769
Date filed 2020-03-13
Date resolved 2020-03-13
Status judgment
Asset class bonds
Criminal parallel Yes: convicted (Peters (the adviser, convicted at jury trial)), Eastern District of North Carolina, 2019-06-06
Defendants Stacey Beane, Justin Deckert (individual) ; Travis Laska (individual)
Techniques

What was ordered

Civil penalty
$30k
Disgorgement
—
Prejudgment interest
—
Total relief
$30k
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 complaint alleges that while working for VisionQuest Wealth Management the three fabricated conflict-disclosure documents, altered documents to make clients look accredited, forged or backdated signatures, and withheld emails from the production to SEC staff, aiding and abetting books and records violations by the firm. Peters was convicted of twenty counts in June 2019.

Deckert agreed, without admitting or denying, to an injunction, a $30,000 penalty and a bar from the industry with a right to reapply after five years. The proceedings against Beane and Laska continued.

No technique tag is applied. The Ponzi scheme is Peters's, mentioned in the release title; these three are charged with obstructing the investigation of it.

Timeline

  1. 2020-03-13 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.

Record added September 10, 2026. submit a correction.