Market Manipulation. Search

Paid stock promotion enforcement actions

This library records 129 enforcement actions tagged paid stock promotion. Paid stock promotion is publicising a security in exchange for compensation, which is lawful only if the fact of payment, the payer and the amount are fully disclosed under Securities Act Section 17(b).

Actions are listed newest first. Each row links to a case page carrying the regulator's own release and, where one was published, the complaint. For how this technique works and what statute it engages, read the paid stock promotion technique page.

Actions
29
Total penalties
$569k
Median penalty
$44k
Largest
$200k
Criminal parallel
45%
Action Agency Filed Penalty Status
SEC v. ImmunoCellular Therapeutics, Ltd. (paid stock promotion, 2017) SEC 2017-04-10 — settled
SEC v. Joel Corenman (paid stock promotion, 2017) SEC 2017-04-10 $25k settled
SEC v. Lion Biotechnologies, Inc. (paid stock promotion, 2017) SEC 2017-04-10 $100k settled
SEC v. Michael A. McCarthy (paid stock promotion, 2017) SEC 2017-04-10 $75k settled
SEC v. Stephen Ramey (paid stock promotion, 2017) SEC 2017-04-10 $24k settled
SEC v. Cort Poyner et al. (paid stock promotion, 2017) SEC 2017-01-19 — judgment
SEC v. Jason A. Wallace (boiler rooms, 2016) SEC 2016-09-27 — filed
SEC v. Contrarian Press, LLC, Scott S. Fraser, and Nathan Yeung (paid stock promotion, 2016) SEC 2016-09-06 — filed
SEC v. Christopher R. Esposito, et al. (paid stock promotion, 2016) SEC 2016-05-26 — filed
SEC v. Imran Husain, et al. (paid stock promotion, 2016) SEC 2016-05-12 — unknown
SEC v. Pranav V. Patel (paid stock promotion, 2016) SEC 2016-05-03 — unknown
SEC v. Asher Z. Zwebner and Luke C. Zouvas, et al. (paid stock promotion, 2016) SEC 2016-04-26 — unknown
SEC v. William E. Mapp, III, et al. (paid stock promotion, 2016) SEC 2016-04-11 $200k settled
SEC v. David Aubel and Robert Raffa (paid stock promotion, 2016) SEC 2016-04-07 — unknown
SEC v. Tobin Smith, et al. (paid stock promotion, 2016) SEC 2016-03-29 $75k settled
SEC v. Guy Gentile (paid stock promotion, 2016) SEC 2016-03-23 — filed
SEC v. Jehu Hand and Antonio Katz (paid stock promotion, 2015) SEC 2015-12-11 — filed
SEC v. Joseph Catapano and Michael Piervinanzi (paid stock promotion, 2015) SEC 2015-10-26 $44k judgment
SEC v. Frank Morelli III and Louis Buonocore (paid stock promotion, 2015) SEC 2015-09-21 — filed
SEC v. Marco Babini et al. (paid stock promotion, 2015) SEC 2015-09-14 — judgment
SEC v. unnamed respondents (paid stock promotion, 2015) SEC 2015-08-10 — judgment
SEC v. unnamed respondents (paid stock promotion, 2015) SEC 2015-07-14 — filed
SEC v. Norstra Energy Inc., Glen Landry and Eric Dany (paid stock promotion, 2015) SEC 2015-06-18 — judgment
SEC v. Edmond L. Lonergan and Green Planet Group, Inc. (paid stock promotion, 2015) SEC 2015-06-02 — unknown
SEC v. Adam S. Gottbetter, Mitchell G. Adam, and K. David Stevenson (paid stock promotion, 2015) SEC 2015-05-28 — settled
SEC v. Mike Taxon and Itamar Cohen (paid stock promotion, 2015) SEC 2015-05-28 — settled
SEC v. Houston American Energy Corp. Terwilliger and others (paid stock promotion, 2015) SEC 2015-04-23 $22.5k settled
SEC v. Adam Troy Dooly (paid stock promotion, 2013) SEC 2013-09-30 $3k settled
SEC v. OTC Live, Inc. and Mark A. Suleymanov (paid stock promotion, 2004) SEC 2004-09-30 — dismissed