Defendant Name: Taronis Technologies, Inc.

Defendant Type: Public Company
SIC Code: 3559
CUSIP: 87621420

Initial Case Details

Legal Case Name SEC v. Taronis Technologies, Inc. (n/k/a BBHC, Inc.), Taronis Fuels, Inc., Scott David Mahoney, and Tyler Burnett Wilson
First Document Date 24-Aug-2022
Initial Filing Format Civil Proceeding
Case Number 22-cv-01939
Allegation Type Issuer Reporting and Disclosure
Federal District Court Florida, Middle District of Florida

Violations Alleged

Exchange Act
• Sec 10(b) + Rule 10b-5
• Rule 12b-20
• Sec 13(a)
• Rule 13a-1
• Rule 13a-11
• Rule 13a-13
Additionally, Scott David Mahoney is alleged to have controlled Taronis Technologies, Inc.'s violation of Sec 10(b) + Rule 10b-5 of the Exchange Act.
Scott David Mahoney is alleged to have aided and abetted Taronis Technologies, Inc.'s violation of Rule 12b-20 of the Exchange Act.
Scott David Mahoney is alleged to have controlled Taronis Technologies, Inc.'s violation of Rule 12b-20 of the Exchange Act.
Scott David Mahoney is alleged to have aided and abetted Taronis Technologies, Inc.'s violation of Sec 13(a) of the Exchange Act.
Scott David Mahoney is alleged to have controlled Taronis Technologies, Inc.'s violation of Sec 13(a) of the Exchange Act.
Scott David Mahoney is alleged to have aided and abetted Taronis Technologies, Inc.'s violation of Rule 13a-11 of the Exchange Act.
Scott David Mahoney is alleged to have controlled Taronis Technologies, Inc.'s violation of Rule 13a-11 of the Exchange Act.

Resolutions

First Resolution Date

Related Documents:

comp25484 24-Aug-2022 Complaint
Complaint for Injunctive and Other Relief and Demand for Jury Trial
The Commission stated: "From approximately January 2019 to March 2020, Taronis Technologies, Inc., n/k/a BBHC, Inc. ("Taronis Tech"), and from approximately February 2020 to November 2020, Taronis Tech's former subsidiary, Taronis Fuels, Inc. ("Taronis Fuels"), Arizona-based producers of fuel and water products, and the former Chief Executive Officer ("CEO") of both companies during the relevant time periods, Scott David Mahoney ("Mahoney"), engaged in a fraudulent scheme to deceive investors and potential investors about Taronis Tech's and Taronis Fuels' successes by issuing numerous materially false and misleading press releases touting agreements and relationships with customers that did not exist or were exaggerated."
LR-25484 25-Aug-2022 Litigation Release
SEC Charges Industrial Gas Companies and Former Executive with Fraud
The Commission announced: "fraud charges against Taronis Technologies, Inc. (now known as BBHC, Inc., 'Taronis Tech') and its former subsidiary, Taronis Fuels, Inc. ('Taronis Fuels'), Arizona-based distributors of industrial gas and water products, and their former chief executive and chief financial officers."

Other Defendants in Action:

Taronis Fuels, Inc.
Scott David Mahoney
Tyler Burnett Wilson

Related Actions:

In the Matter of Scott David Mahoney
Scott David Mahoney