Showing posts with the label Enforcement action

Robert O. Carr and Katherine M. Hanratty (Release No. LR-24713; Jan. 13, 2020)

2-3 minutos Litigation Release No. 24713 / January 13 2020 Securities and Exchange Commission v. Robert O. Carr and Katherine M. Hanratty , No. 3:18-cv-01135 (D. Conn. filed July 10, 2018) The U.S. District Court for the District of Connecticut entered a judgment against Robert O. Carr, a resident of New London, New Hampshire, and the former CEO of Heartland Payment Systems, Inc., for his role in an insider trading scheme. The court ordered Carr to to pay a civil penalty of $250,628 and barred him from serving as an officer or director of a public company for two years. According to the SEC's complaint , filed on July 10, 2018, Carr provided his longtime girlfriend, Katherine M. Hanratty, with confidential information about a potential acquisition of Heartland by another payment processing company. As alleged, in the weeks leading up to the merger announcement, Carr gave Hanratty $1 millio

CFTC I Enforcement Action CFTC Charges Operator of Commodity Trading Fund with Defrauding Fund Participant July 2, 2018 Washington, DC — The Commodity Futures Trading Commission (CFTC or Commission) today filed a civil enforcement action in the U.S. District Court for the Eastern District of New York, charging Defendant Harris Bruce Landgarten of Old Brookville, New York, with defrauding participants in a commodity pool that he operated, the Tradeanedge Members Fund (TMF).   The CFTC Complaint also charges Landgarten with providing his pool participants false account statements and with commingling pool funds with non-pool funds. On July 2, 2018, the U.S. Attorney’s Office for the Eastern District of New York filed a related criminal action charging Landgarten with commodity fraud and wire fraud related to the same fraudulent conduct alleged in the Complaint.  Further, Landgarten was also charged with one count of obstructing the CFTC’s inv