Defendant Name: Longfin Corp.

Defendant Type: Public Company
SIC Code: 9999
CUSIP: 54304F10

Document Reference: comp24492

Document Details

Legal Case Name SEC v. Longfin Corp., and Venkata S. Meenavalli
Document Name Complaint
Document Date 05-Jun-2019
Document Format Civil Proceeding
Case Number 19-cv-05296
Federal District Court New York, Southern District of New York
Allegation Type Issuer Reporting and Disclosure
Document Summary The SEC stated: "The Defendants in this action engaged in a scheme to obtain a listing on the NasdaqStock Market, LLC (the "NASDAQ") after a fraudulent public offering."

Related Documents:

LR-24492 05-Jun-2019 Litigation Release
SEC Adds Fraud Charges Against Purported Cyptocurrency Company Longfin, CEO, and Consultant
The Commission stated: "The Securities and Exchange Commission today filed a new fraud action against Longfin Corp. and its CEO for falsifying the company's revenue and, together with a former Longfin consultant, for fraudulently securing the company's listing on Nasdaq."
2019-90 05-Jun-2019 Press Release--Civil Action
SEC Adds Fraud Charges Against Purported Cryptocurrency Company Longfin, CEO, and Consultant
The Commission stated: "The Securities and Exchange Commission today filed a new fraud action against Longfin Corp. and its CEO for falsifying the company's revenue and, together with a former Longfin consultant, for fraudulently securing the company's listing on Nasdaq."
court_doc36_19-cv-05296 26-Sep-2019 Court Docket Document
Final Judgment as to Defendant Longfin Corp.
On September 26, 2019, the Court entered final default judgments against defendant Longfin Corp.
LR-24625 30-Sep-2019 Litigation Release
SEC Obtains $6.8 Million Fraud Judgment Against Purported Cyrptocurrency Company Longfin Corp.
The Commission stated: "The Securities and Exchange Commission today announced that a federal court in New York has ordered Longfin Corp. to pay $6,755,848 in penalties and disgorgement for conducting a fraudulent public offering and falsifying revenue from sham commodities transactions."

Other Defendants in Action:

Venkata S. Meenavalli

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