Federal prosecutors in Manhattan accuse Dominick Maiorano, a registered securities broker, of taking bribes from coconspirator executives in Biofarm Inc., including its CFO, to induce investors to buy the stock, thereby inflating the share price.
Refco executive vice president Santo Maggio conspired with top Refco execs, including Phillip Bennett, Robert Trosten and Tone Grant, to commit securities fraud, wire fraud, launder money and file false statements with the SEC, federal prosecutors say in Manhattan.
Datamill claims Northrop Grumman swiped its software and sold it to co-defendant Avantix LLC, in a $20 million complaint in Huntsville, Ala., Federal Court.
The SEC accuses Sedona Software Solutions and its CEO John Cooper of illegally selling 90 percent of Sedona shares to two principals of a Bermuda banking and brokerage firm in 2003, in a consent decree in DC Federal Court. See complaint.
Ian G. Park manipulated share price of Sedona Software and Renaissance Mining Corp., the SEC claims in Manhattan Federal Court.
The United States accuses ValueAct Capital Partners of failing to comply with premerger reporting requirements, in a consent decree in DC Federal Court.
The Sonnenschein Group demands $50.4 million from FFIC/Beam Inc., claiming FFIC promised $170 million in financing for a Sonnenschein project in Galena, Ill., then withdrew, in a racketeering claim in Cook County Court.