Defendant Name: Brent David Willis

Defendant Type: Individual

Document Reference: judg26516

Document Details

Legal Case Name SEC v. Brent David Willis
Document Name Final Judgment as to Defendant Brent David Willis
Document Date 25-Mar-2026
Document Format Civil Proceeding
Case Number 22-cv-07244
Federal District Court Colorado, District of Colorado
Federal District Judge Gordon P. Gallagher
Allegation Type Issuer Reporting and Disclosure
Document Summary

Disgorgement & Penalty Information

Resolutions
Enjoinment
Undertakings Specified in Defendant's Consent
Bars:
  • Bar from acting as Director or Officer of a public company for 5 years
Monetary Penalties:

Civil Penalty

Individual:     $175,000.00 Shared:    

Related Documents:

comp25562 18-Oct-2022 Complaint
Complaint and Jury Demand
The SEC stated: "From approximately July 2017 through April 2019 (the “relevant period”), Brent D. Willis, CEO of previously NASDAQ-listed securities issuer NewAge, Inc. (“NewAge” or the “Company”), made numerous materially false and misleading public statements concerning NewAge’s development and sale of beverages during investors conferences, earnings calls, media interviews, and in at least 12 press releases."

Related Actions:

In the Matter of NewAge, Inc.
NewAge, Inc.