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Articles Posted in Michael Liberty

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Criminal Securities Fraud Cases Including Startup Company Charged in $48M Fraud

Jury Convicts Investment Manager for Defrauding Lenders and Clients A federal jury has convicted Shawn Baldwin, a Chicago investment manager, on seven counts of wire fraud. Baldwin is accused of fraudulently obtaining over $10M from at least 15 investors and lenders between 2006 and 2017. They thought that their money…

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Securities News: Goldman Sachs to Settle Reno’s Auction Rate Securities for $750K, SEC Demands Remaining $5.4MFine Owed By Maine Developer, & a Federal Judge Rules in Jay Peak Resort EB-5 Case

Goldman Sachs and Reno, NV Settle Securities Fraud Case  According to the Reno Gazette-Journal, the city of Reno is about to settle its securities fraud lawsuit against Goldman Sachs (GS) for $750K. Nevada’s capital city claims that the firm misled it into taking on risky debt that nearly caused Reno to…

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