FINRA Lawyer Blog





SEC Court Order Follows Jay-Z Refusal to Cooperate

SEC Court Order Follows Jay-Z Refusal to Cooperate

Hip-hop star Shawn Carter, aka Jay-Z, has just received a subpoena to appear in court after he failed to testify in connection with the SEC’s probe into Iconix Brand Group’s accounting practices.
Iconix acquired intangible assets from Jay-Z’s clothing brand Rocawear in 2007,...




New Arrest in SEC Case Against Celebrity-backed ICO Centra Tech

New Arrest in SEC Case Against Celebrity-backed ICO Centra Tech

Celebrity endorsements add an element of trust for investors who are just entering the ICO market. But the strategy did not turn out well for Centra Tech, as a third arrest has just been made in connection with the SEC’s allegations that the company defrauded investors out of over $25...


SEC Subpoena? How Cryptocurrency Companies Should Prepare

SEC Subpoena? How Cryptocurrency Companies Should Prepare

The SEC is effectively expanding its jurisdiction into the cryptocurrency and ICO market. Dozens of companies, possibly hundreds, are receiving SEC subpoenas, which I advise them to take very seriously.
High profile companies, including giants like TechCrunch’s cryptofund, are...

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