Defendant Name: Brent David Willis

Defendant Type: Individual

Initial Case Details

Legal Case Name SEC v. Brent David Willis
First Document Date 18-Oct-2022
Initial Filing Format Civil Proceeding
Case Number 22-cv-02744
Allegation Type Issuer Reporting and Disclosure
Federal District Court Colorado, District of Colorado

Affiliations

Violations Alleged

Exchange Act
• Sec 10(b) + Rule 10b-5
Securities Act
• Sec 17(a) (Not specified)

Related Violations Alleged

Brent David Willis is alleged to have aided and abetted NewAge, Inc.'s violation of Sec 13(a) of the Exchange Act.
Brent David Willis is alleged to have aided and abetted NewAge, Inc.'s violation of Regulation FD.

Resolutions

First Resolution Date

Related Documents:

comp25562 18-Oct-2022 Complaint
Complaint and Jury Demand
The SEC stated: "From approximately July 2017 through April 2019 (the “relevant period”), Brent D. Willis, CEO of previously NASDAQ-listed securities issuer NewAge, Inc. (“NewAge” or the “Company”), made numerous materially false and misleading public statements concerning NewAge’s development and sale of beverages during investors conferences, earnings calls, media interviews, and in at least 12 press releases."

Related Actions:

In the Matter of NewAge, Inc.
NewAge, Inc.