Securities Lawsuit by SEC

By March 17, 2020 March 18th, 2020 All Case Results, Civil Defense

Our client was sued by the Securities Exchange Commission for Securities Fraud. Our client allegedly misused and funneled $7,210,000.00 entrusted to her by clients who sought Green Cards through US investments. After lengthy negotiations with the SEC, Thomas Ryu was able to negotiate a settlement for $105,463.16 which was less than 1.5% of the demand.

Demand: $7,210,000.00

Settled: $105,463.16