Defendant Name:
GRQ Consultants, Inc.
Defendant Type:
Other
Initial Case Details
Legal Case Name
SEC v. Barry C. Honig, John Stetson, Michael Brauser, John R. O'Rourke III, Mark Groussman, Phillip Frost, Robert Ladd, Elliot Maza, Brian Keller, John H. Ford, Fil Alpha Capital Anstalt, ATG Capital LLC, Frost Gamma Investments Trust, GRQ Consultants, Inc., HS Contrarian Investments, LLC, Grander Holdings, Inc., Melechdavid, Inc., OPKO Health, Inc., Southern Biotech, Inc., and Stetson Capital Investments Inc.
First Document Date
07-Sep-2018
Initial Filing Format
Civil Proceeding
Case Number
18-cv-08175
Allegation Type
Market Manipulation
Federal District Court
New York, Southern District of New York
Violations Alleged
•
Sec 17(a) (Not specified)
•
Section 13(d); Rule 13d-1(a) Exchange Act
Resolutions
First Resolution Date
10-Jul-2019
Related Documents:
Complaint and Jury Demand
First Amended Complaint and Jury Demand
The SEC, in their complaint, stated: "This case involves a series of highly profitable 'pump-and-dump' schemes involving three public companies..."
SEC Settles with Multiple Defendants in Market Manipulation Case and Amends Complaint as to Thirteen Remaining Defendants
The Commission stated: "On March 8, 2019, the Securities and Exchange Commission filed an amended complaint in an ongoing civil action in which the SEC alleges that numerous individuals and associated entities participated in microcap schemes that generated over $27 million from unlawful stock sales. The amended complaint includes additional allegations in support of its claims against thirteen of the original twenty defendants in a civil action."
Judgment as to Defendant GRQ Consultants, Inc.
The Court stated that: "The Securities and Exchange Commission having filed a Complaint and Defendant GRQ Consultants, Inc. having entered a general appearance; consented to the Court's jurisdiction over Defendant and the subject matter of this action; consented to entry of this Judgment without admitting or denying the allegation of the Complaint (except as to jurisdiction); waived findings of fact and conclusions of law; and waived any right to appeal from this Judgment."
Barry Honig and Three Other Defendants Settle with SEC in Market Manipulation Case
The Commission stated: "The Securities and Exchange Commission obtained partial consent judgments against defendants Barry Honig and GRQ Consultants, Inc. ("GRQ") on July 10, 2019, and against defendants Elliot Maza and Brian Keller on March 27, 2019 and March 29, 2019, respectively, in an ongoing civil action in which the SEC alleges that numerous individuals and associated entities participated in microcap schemes that generated over $27 million from unlawful stock sales."
Second Amended Complaint and Jury Demand
Other Defendants in Action:
