SEC v. Terrence Chalk, et al. (2020)
Settled
Checked against the primary document on October 4, 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 November 2020 the SEC charged Terrence Chalk, who used the alias Dr. Terrence Cash, and companies he controlled over a roughly US$5 million fund offering. On 15 April 2026 the Southern District of New York entered a consent judgment against Chalk with US$1,731,423 in disgorgement and US$13,078.64 in interest, treated as satisfied by a criminal restitution order; the companies were not checked.
The record
| Agency | SEC |
|---|---|
| Release number | LR-24954 |
| Date filed | 2020-11-03 |
| Date resolved | 2026-04-15 |
| Court | U.S. District Court, Southern District of New York |
| Status | settled |
| Criminal parallel | Yes: charged (Chalk), Southern District of New York, 2020-11-03 |
| Defendants | Terrence Chalk (a/k/a Dr. Terrence Cash) ; Greenlight Advantage Group Inc. ; Greenlight Investment Partners Inc. |
| Cited as charged or alleged | Advisers Act s.206 ; Exchange Act s.10(b) and Rule 10b-5 ; Exchange Act s.20(a) ; Securities Act s.17(a) ; Securities Act s.5 |
| Techniques |
What was ordered
- Civil penalty
- —
- Disgorgement
- $1.7m
- Prejudgment interest
- $13.1k
- Total relief
- $1.7m
- Alleged gain
- —
What is alleged to have happened
The SEC announced the complaint on November 3, 2020 (LR-24954) in the Southern District of New York, covering 2017 to 2020 and two Greenlight entities. About $1.8 million went to dividend payments to prior investors in Ponzi-like fashion. A parallel criminal case was filed.
The Ponzi tag is removed because the release is headed a fraudulent securities offering of a fictitious fund. The record named "Terrence Chalk, et al."; the defendants are now listed.
Outcome. SEC release LR-26540 says that on 15 April 2026 the court entered a final consent judgment against Chalk. It enjoins him from violating the registration and anti-fraud provisions of the Securities Act, the Exchange Act and the Advisers Act, and holds him liable for disgorgement of US$1,731,423 and prejudgment interest of US$13,078.64, deemed satisfied by the restitution order in United States v. Chalk in the same court. The release describes the Ponzi-like conduct as the SEC's allegation.
This outcome covers Chalk only. The two Greenlight entities named as defendants were not checked, so their status is not stated here. The release does not give a civil penalty or a prison sentence.
Timeline
- 2020-11-03 Litigation release published
- 2026-04-15 Final consent judgment against Terrence Chalk (SEC LR-26540, published 27 April 2026)
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 |
|---|---|---|---|
| 2020-11-03 | SEC | SEC v. Terrence Chalk, et al. (2020) | Settled |
| 2026-04-27 | SEC | SEC v. Terrence Chalk (ponzi schemes, 2026) | Judgment entered |