Defendant Name:
Michael McGrath
Defendant Type:
Individual
Initial Case Details
Legal Case Name
SEC v. Mercantile Bancorp, Inc., Ted Awerkamp and Michael McGrath
First Document Date
24-Sep-2013
Initial Filing Format
Civil Proceeding
Case Number
13-cv-03341
Allegation Type
Issuer Reporting and Disclosure
Federal District Court
Illinois, Central District of Illinois
Affiliations
- Former: CFO at Mercantile Bancorp, Inc. (Until August 2012)
Violations Alleged
•
Rule 13b2-1, 13b2-2 Exchange Act
Related Violations Alleged
Michael McGrath is alleged to have aided and abetted
Mercantile Bancorp, Inc.'s violation of Rule 12b-20 of the Exchange Act (willfully/knowingly).
Michael McGrath is alleged to have aided and abetted an unidentified individual or entity's violation of Rule 12b-20 of the Exchange Act (willfully/knowingly).
Michael McGrath is alleged to have aided and abetted
Mercantile Bancorp, Inc.'s violation of Sec 13(a) of the Exchange Act (willfully/knowingly).
Michael McGrath is alleged to have aided and abetted an unidentified individual or entity's violation of Sec 13(a) of the Exchange Act (willfully/knowingly).
Michael McGrath is alleged to have aided and abetted
Mercantile Bancorp, Inc.'s violation of Rule 13a-13 of the Exchange Act (willfully/knowingly).
Michael McGrath is alleged to have aided and abetted an unidentified individual or entity's violation of Rule 13a-13 of the Exchange Act (willfully/knowingly).
Michael McGrath is alleged to have aided and abetted
Mercantile Bancorp, Inc.'s violation of Sec 13(b)(2)(A) of the Exchange Act (willfully/knowingly).
Michael McGrath is alleged to have aided and abetted an unidentified individual or entity's violation of Sec 13(b)(2)(A) of the Exchange Act (willfully/knowingly).
Michael McGrath is alleged to have aided and abetted
Mercantile Bancorp, Inc.'s violation of Sec 13(b)(2)(B) of the Exchange Act (willfully/knowingly).
Michael McGrath is alleged to have aided and abetted an unidentified individual or entity's violation of Sec 13(b)(2)(B) of the Exchange Act (willfully/knowingly).
Resolutions
Bars:
- Bar from acting as Director or Officer of a public company (of permanent duration)
First Resolution Date
26-Sep-2013
Headline Total Penalty and Disgorgement
$200,000
Other Defendants in Action:
