Defendant Name: Taronis Technologies, Inc.

Defendant Type: Public Company
SIC Code: 3559
CUSIP: 87621420

Document Reference: comp25484

Document Details

Legal Case Name SEC v. Taronis Technologies, Inc. (n/k/a BBHC, Inc.), Taronis Fuels, Inc., Scott David Mahoney, and Tyler Burnett Wilson
Document Name Complaint for Injunctive and Other Relief and Demand for Jury Trial
Document Date 24-Aug-2022
Document Format Civil Proceeding
Case Number 22-cv-01939
Federal District Court Florida, Middle District of Florida
Allegation Type Issuer Reporting and Disclosure
Document Summary The Commission stated: "From approximately January 2019 to March 2020, Taronis Technologies, Inc., n/k/a BBHC, Inc. ("Taronis Tech"), and from approximately February 2020 to November 2020, Taronis Tech's former subsidiary, Taronis Fuels, Inc. ("Taronis Fuels"), Arizona-based producers of fuel and water products, and the former Chief Executive Officer ("CEO") of both companies during the relevant time periods, Scott David Mahoney ("Mahoney"), engaged in a fraudulent scheme to deceive investors and potential investors about Taronis Tech's and Taronis Fuels' successes by issuing numerous materially false and misleading press releases touting agreements and relationships with customers that did not exist or were exaggerated."

Related Documents:

LR-25484 25-Aug-2022 Litigation Release
SEC Charges Industrial Gas Companies and Former Executive with Fraud
The Commission announced: "fraud charges against Taronis Technologies, Inc. (now known as BBHC, Inc., 'Taronis Tech') and its former subsidiary, Taronis Fuels, Inc. ('Taronis Fuels'), Arizona-based distributors of industrial gas and water products, and their former chief executive and chief financial officers."
court_doc111_22-cv-01939 27-Sep-2024 Court Docket Document
Final Judgment as to Defendant Taronis Technologies, Inc. (n/k/a BBHC, Inc.)
The Court stated: "Plaintiff Securities and Exchange Commission (“Commission”) filed a Complaint on August 24, 2022 against Defendant Taronis Technologies, Inc., (n/k/a BBHC, INC.) (“Defendant”) (DE 1). On August 29, 2022, Defendant was served with the Summons and Complaint by serving its registered agent VCorp Services, LLC as set forth in the return of service. (DE 11). Defendant did not answer or otherwise file a responsive pleading to the Complaint, and the Clerk’s default was therefore entered against Defendant on September 23, 2022. (DE 18). On August 2, 2024, this Court granted the Commission’s Renewed Motion and Memorandum of Law in Support of Default Final Judgment Against Taronis Technologies (DE 99 and DE 107) upon consideration of the Commission’s Motion and the Report and Recommendation of Amanda A. Sansone, United States Magistrate Judge (DE 106). Accordingly, upon consideration of the record, Final Judgment is entered against Defendant"

Related Actions:

In the Matter of Scott David Mahoney
Scott David Mahoney
In the Matter of Tyler Burnett Wilson, Esq.
Tyler Burnett Wilson