The U.S. Securities and Exchange Commission sued investment adviser David W. Schamens Monday in New Jersey District Court over alleged violations of federal securities laws. The lawsuit accuses Schamens of defrauding investors and embezzling at least $1.8 million. Attorneys have not yet appeared for the defendant. The case is 2:22-cv-01219, Securities And Exchange Commission v. Schamens.
Government
March 07, 2022, 11:47 AM