SEC Shuts Down WeedGenics $60 Million Cannabis Offering Fraud
A hearing is scheduled for June 2, 2023 to consider whether to issue a preliminary injunction and appoint a permanent receiver.
- A hearing is scheduled for June 2, 2023 to consider whether to issue a preliminary injunction and appoint a permanent receiver.
- The SEC also seeks disgorgement with prejudgment interest from the named relief defendants.
- The SEC’s investigation was conducted by Christopher A. Nowlin and Stephen Bucci and supervised by Finola H. Manvelian of the SEC’s Los Angeles Regional Office.
- The litigation will be led by Daniel S. Lim and supervised by Gary Y. Leung.