SECURITIES AND EXCHANGE COMMISSION v. LIBERTY et al

  1. April 07, 2023

    SEC Slams Mozido Founder's 3rd Circ. Bid To Shed $9M Fine

    The U.S. Securities and Exchange Commission hit back at an attempt by the founder of cloud-based mobile financial services startup Mozido LLC to undo a $9.4 million sanction for hiding assets while settling fraud charges with the federal agency, arguing that he failed to demonstrate that the court abused its discretion in denying his motion to vacate the fine.

  2. November 04, 2020

    SEC Slams Atty's Sanctions Bid In $48M Fraud Suit

    The U.S. Securities and Exchange Commission on Wednesday pushed back against the "heated rhetoric" of an attorney asking a Maine federal judge to sanction the regulator for alleged misdeeds in a more than $48 million securities fraud suit.

  3. September 04, 2020

    Atty Blasts SEC's Fraud Claims As 'Fiction,' Seeks Sanctions

    An attorney has put the U.S. Securities and Exchange Commission on blast in a motion asking a Maine federal court to dismiss claims against him and sanction the federal regulator for "dramatic breach of its duty of candor."

  4. April 02, 2018

    Fintech 'Unicorn' Founder Stole $48M In Scam, SEC Claims

    The U.S. Securities and Exchange Commission hit the founder of the cloud-based mobile financial services startup Mozido Inc. with a lawsuit in Maine federal court Friday, claiming he, his attorney and others close to him tricked hundreds of investors into funding shell companies and stole more than $48 million to fund their lavish lifestyles.

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