Defendant Name:
Zheng (Bruno) Wu
Defendant Type:
Individual
Document Reference:
33-11297
Document Details
Legal Case Name
In the Matter of Zheng (Bruno) Wu
Document Name
Order Instituting Cease-and-desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings and Imposing a Cease-and-desist Order
Document Date
09-Aug-2024
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
The Commission ordered that: "Monies paid in this proceeding may be combined with any other Distribution Fund or Fair Fund in a related proceeding arising out of the same underlying facts, including but not limited to, the related action captioned In the Matter of Ideanomics, et al., for the purposes of distribution, if feasible, to harmed investors."
Fair Funds
Bars:
- Bar from acting as Director or Officer of a public company for 10 years
Monetary Penalties:
Disgorgement
Individual:
$2,836,612.62
Shared:
Civil Penalty
Individual:
$200,000.00
Shared:
Pre-Judgment Interest
Individual:
$524,232.00
Shared:
