Defendant Name:
Randall Merk
Defendant Type:
Individual
Initial Case Details
Legal Case Name
SEC v. Kimon P. Daifotis and Randall Merk
First Document Date
11-Jan-2011
Initial Filing Format
Civil Proceeding
Case Number
11-cv-00137
Allegation Type
Securities Offering
Federal District Court
California, Northern District of California
Affiliations
- Former: President at Charles Schwab Investment Management (July 2007—December 2010)
- Current: Executive Vice President at Charles Schwab Corporation
- Former: Trustee at Schwab YieldPlus Fund (Until 2007)
Violations Alleged
•
Section 34(b) Investment Company Act
Related Violations Alleged
Randall Merk is alleged to have aided and abetted Charles Schwab & Co., Inc.'s violation of Sec 10(b) + Rule 10b-5 of the Exchange Act (willfully/knowingly).
Randall Merk is alleged to have aided and abetted Charles Schwab Investment Management's violation of Sec 10(b) + Rule 10b-5 of the Exchange Act (willfully/knowingly).
Randall Merk is alleged to have aided and abetted Charles Schwab & Co., Inc.'s violation of Section 206(4), Rule 206(4)-8 Advisers Act; Section 13(a), 34(b) Investment Company Act (willfully/knowingly).
Randall Merk is alleged to have aided and abetted Charles Schwab Investment Management's violation of Section 206(4), Rule 206(4)-8 Advisers Act; Section 13(a), 34(b) Investment Company Act (willfully/knowingly).
Randall Merk is alleged to have aided and abetted an unidentified individual or entity's violation of Section 206(2), 206(4), Rule 206(4)-8 Advisers Act.
Resolutions
First Resolution Date
21-Nov-2011
Headline Total Penalty and Disgorgement
$475,000
Other Defendants in Action:
