04:15:23 EDT Thu 18 Jul 2024
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save

SEC asks judge to permanently ban Abakan's Miller

2023-09-15 20:35 ET - Street Wire

Also Street Wire (U-ABKI) Abakan Inc

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Mike Caswell

The U.S. Securities and Exchange Commission has asked a Maryland judge for $1.2-million in sanctions and a permanent ban for Robert Hillis Miller, a former Vancouverite charged for secretly selling millions of shares in an OTC Markets listing that he controlled. (All figures are in U.S. dollars.) The SEC said that Mr. Miller failed to disclose to investors that he held stock through front companies in Uruguay. Those companies unloaded shares in a roundabout fashion while Mr. Miller told investors that his holdings were unchanged, the SEC claimed.

The penalties for Mr. Miller are contained in a proposed judgment filed on Sept. 8, 2023, in federal court in Maryland. The SEC is seeking disgorgement of $517,730 in gains, plus interest, and a $480,000 fine. The SEC is also asking that the judge permanently ban Mr. Miller from penny stocks and from serving as an officer and director. The request comes about three months after Mr. Miller's trial, which ended with a jury finding him liable for the scheme.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2024 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.


E.V. 1980's and 90's cola king

Posted by lol at 2023-09-16 15:32

https://www.sudbury.com/local-news/mining-giant-glencore-is-target-of-a-massive-lawsuit-7552056 us sec and canada crown counsel licking glencore ballz instead of arresting and prosecuting and liquidating canadian mines owned by glencore, scumbag cousins in decision making departments https://www.sudbury.com/local-news/mining-giant-glencore-is-target-of-a-massive-lawsuit-7552056

Posted by oj at 2023-09-17 00:54

Glencore setup with ill gotten monies by Marc Rich, an illegal enterprise, bribing around the world-- which would put a canadian in prison, but the company employees, directors, managers allowed to land and live in canada and use ill gotten monies to take over canadian mining, even talking big about taking over teck with the ill gotten earned monies, https://www.sudbury.com/local-news/mining-giant-glencore-is-target-of-a-massive-lawsuit-7552056 no SEC anywhere to be seen, none of the 1000's of judges putting canadians in prison to be seen, crook colonizers takne over SEC, CROWN COUNSELS, DA;S and judges positions from glencore, vale's ill gotten earned monies trickling down

Posted by yup at 2023-09-17 15:07