Elba Fernandez de Garcia

Complaint in Insight Securities, Inc. v. Clodi Holdings Ltd., Amicorp Trustees (New Zealand) Limited, as Trustee of The Docil Trust; Amicorp Management Limited, Madison Assets, LLC, and Deutsche Bank Securities, Inc. at the U. S. District Court for the Northern District of Illinois.

Panama-based broker-dealer Verdmont Capital has become the latest offshore defendant in a securities fraud lawsuit filed by the U. S. Securities and Exchange Commission to go into liquidation.

Cayman Islands-based Caledonian Bank and Caledonian Securities are being sued by the SEC in the United States for allegedly participating in a $75 million penny stock scam with broker-dealers in Panama and Belize.