Securities and Exchange Commission v. Anthony Todd Johnson et al

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Case overview

Case Number:

5:20-cv-01493

Court:

California Central

Nature of Suit:

Securities/Commodities

Judge:

Mark C. Scarsi

Government Agencies

  1. June 30, 2022

    Judge Orders Atty To Pay Bigger Fine In SEC Pot Scam Case

    A California federal judge has ramped up the proposed penalty that an Arizona attorney must pay the U.S. Securities and Exchange Commission over claims that he was part of a scheme to defraud would-be investors out of $25 million by touting plans for a pair of marijuana businesses in the Golden State.

  2. April 22, 2022

    SEC Wants Atty Sanctioned $500K For Pot Investment Scheme

    The U.S. Securities and Exchange Commission has asked a California federal judge to order the last defendant in a securities fraud case to pay more than half a million dollars in disgorgement and penalties after a bench trial in its suit over an alleged scheme to con marijuana business investors out of $25 million.

  3. November 04, 2021

    SEC Nabs $1.1M From Cannabis Developer In Fraud Suit

    A California man and his marketing company have inked a $1.1 million settlement with the U.S. Securities and Exchange Commission to exit a suit over an alleged scheme to con more than 400 marijuana business investors out of $25.5 million.

  4. September 14, 2021

    SEC Seeks Win Against Cannabis Developers In Fraud Suit

    The U.S. Securities and Exchange Commission moved to secure an early win against a group of cannabis developers who are the only remaining defendants in a suit over an alleged scheme to con marijuana business investors out of $25 million.

  5. January 28, 2021

    More Cannabis Developers Ink $3.4M Deal In SEC Fraud Suit

    A group of issuers, marketing companies and individuals has struck a $3.38 million settlement to join others who have already exited the U.S. Securities and Exchange Commission's suit over an alleged scheme to con marijuana business investors out of $25 million.

  6. November 25, 2020

    Cannabis Developer To Pay SEC $192K Penalty In Fraud Suit

    A California federal judge ordered a businessman to pay over $192,000 to settle U.S. Securities and Exchange Commission claims that he was involved in a scheme that bilked more than 400 investors out of $25.5 million to ostensibly finance two marijuana-related businesses.

  7. July 29, 2020

    SEC Accuses Cannabis Developers Of $25M Offering Fraud

    The U.S. Securities and Exchange Commission has filed suit in California federal court accusing a group of companies of deceiving investors in their purported marijuana farm and CBD extraction facility as part of a $25 million offering fraud.