Panama broker Verdmont Capital goes into liquidation
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.
SEC v. Verdmont Capital S.A.: Verdmont’s Opposition to Asset Freeze
Verdmont Capital's opposition to SEC's asset freeze application in U. S. Securities and Exchange Commission v. Caledonian Bank Ltd., Caledonian Securities Ltd., Clear Water Securities, Inc., Legacy Global Markets S.A. and Verdmont Capital S.A. at the U. S. District Court for the Southern District of New York.
Cayman-based Caledonian Bank & offshore brokers sued by SEC for ‘$75 m stock scam’
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.