SEC Says Investment Co. Execs Faked Pre-IPO Scarcity

By Sydney Price · October 13, 2026, 6:20 PM EDT

The U.S. Securities and Exchange Commission has accused two executives of a now-bankrupt investment company of deceiving investors about the value and availability of shares of privately held companies ahead of...

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Case Information

Case Title

Securities and Exchange Commission v. Sarris et al

Case Number

5:26-cv-11675

Court

California Northern

Nature of Suit

Securities/Commodities

Date Filed

October 09, 2026