Defendant Name:
Medallion Financial Corp.
Defendant Type:
Public Company
Document Reference:
2021-269
Document Details
Legal Case Name
SEC v. Medallion Financial Corp., Andrew Murstein, Lawrence Meyers, 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
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: