Boiler room operation drew investments totalling more than $650,000
Noble to pay regulator $80,000
The Alberta Securities Commission has issued an interim cease trade order against Sellars Financial Inc., Robert John Sellars and Penny Jean Sellars.The order is based on allegations by ASC staff that the named parties engaged in an illegal distribution of Sellars Financial Inc. securities and that Robert John Sellars failed to comply with an ASC […]
Regulator calls conduct of Global Petroleum Strategies “egregious”
The Alberta Securities Commission has found that Sea Sun Capital Corp. and Rodney Koch breached provincial securities laws and acted contrary to the public interest by engaging in illegal distributions of Sea Sun securities, the ASC said Monday.An ASC panel also found that Sea Sun, Koch and Graham Millington made prohibited representations and misrepresentations to […]
The Alberta Court of Appeal has upheld Alberta Securities Commission (ASC) decisions and sanctions against Toronto businessman Al Grossman and Maitland Capital Ltd. related to illegal trades and distributions of Petroleum Unlimited securities, the ASC said Thursday. In June 2007, an ASC panel found that between September 2004 and January 2006, Grossman and other Maitland […]
The Alberta Securities Commission (ASC) has concluded a settlement with Petroleum Unlimited, LLC, and Ohio-resident Roger A. Kimmel Jr. regarding allegations that they did not follow registration and prospectus requirements as required under Alberta securities laws and failed to comply with a July 3, 2008 ASC Interim Cease Trade Order.Kimmel paid $20,000 to settle the […]
Regulator asked KPMG to disclose documents relating relating to work for Merendon Mining
Alberta Securities Commission (ASC) has concluded a settlement with Gary Michaels, vp of communications CV Technologies Inc., regarding allegations of illegal insider trading of CV Technologies securities in December 2006.Michaels paid the ASC $30,000 to settle the allegations and $20,000 towards costs.Michaels agreed to cease trading in or purchasing securities (with some exceptions) and refrain […]
Theal pays $30,000 to settle disclosure breach