Defendant Name:
Tingo International Holdings, Inc.
Defendant Type:
Other
Document Reference:
court_doc79_23-cv-10928
Document Details
Legal Case Name
SEC v. Mmobuosi Odogwu Banye (a/k/a Dozy Mmobuosi), Tingo Group, Inc., Agri-Fintech Holdings, Inc. (f/k/a Tingo Inc.), and Tingo International Holdings, Inc.
Document Name
Final Judgment by Default Against Defendants Mmobuosi Odogwu Banye, Tingo International Holdings, Inc., Agri-Fintech Holdings, Inc., and Tingo Group, Inc.
Document Date
28-Aug-2024
Document Format
Civil Proceeding
Case Number
23-cv-10928
Federal District Court
New York, Southern District of New York
Federal District Judge
Jesse M. Furman
Allegation Type
Issuer Reporting and Disclosure
Disgorgement & Penalty Information
Resolutions
Enjoinment
The Court ordered that: " shares of stock in Agri-Fintech that Defendants TIH and Mmobuosi own or control be cancelled."
Monetary Penalties:
Disgorgement
Individual:
Shared:
$156,672,705.86
Shared with: Mmobuosi Odogwu Banye
Civil Penalty
Individual:
$1,152,314.00
Shared:
Pre-Judgment Interest
Individual:
Shared:
$20,193,871.58
Shared with: Mmobuosi Odogwu Banye
Other Defendants in Action:
