U.S. Securities and Exchange Commission. SEC Slaps Securities Class Action Claims Aggregator With Suit Over Alleged $40M Fraud
This suit was surfaced by Law.com Radar. Read the complaint here.
November 04, 2021 at 10:40 AM
1 minute read
Securities Litigation
The U.S. Securities and Exchange Commission sued Alpha Plus Recovery and its top officers Wednesday in Pennsylvania Eastern District Court over alleged violations of federal securities laws. The complaint accuses the defendants of defrauding investors of $40 million and misappropriating funds for personal use. Counsel have not yet appeared for the defendants. The case is 2:21-cv-04845, Securities And Exchange Commission v. Cammarata et al.
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