Defendant Name:
Medallion Financial Corp.
Defendant Type:
Public Company
Document Reference:
LR-25297
Document Details
Legal Case Name
SEC v. Medallion Financial Corp., Andrew Murstein, Lawrence Meyers, and Ichabod's Cranium Inc.
Document Name
SEC Charges Financial Company and Its President with Engaging in Fraudulent Schemes to Boost Stock Price
Document Date
29-Dec-2021
Document Format
Civil Proceeding
Case Number
21-cv-11125
Federal District Court
New York, Southern District of New York
Allegation Type
Issuer Reporting and Disclosure
Document Summary
The SEC stated that: "[It] charged Medallion Financial Corp., a
Delaware company headquartered in New York, NY, and its President and Chief
Operating Officer, Andrew Murstein of New York, NY, with illegally engaging in two
schemes in an effort to reverse the company's plummeting stock price."
Other Defendants in Action: