• Home
  • Articles
  • deVere USA settles SEC fraud allegations for $8M

deVere USA settles SEC fraud allegations for $8M

Investment advisor deVere USA, Inc. has agreed to pay an $8 million civil money penalty and two former officers - Benjamin Alderson and Bradley Hamilton - have been sued over allegations by the U.S. SEC that they defrauded hundreds of clients, most of them U.S.-based British expatriates.