Tag: Medallion Financial Corp

Corp Finance Enforcement News

SEC Charges Financial Company For Fraudulent Schemes to Boost Stock Price

The SEC has charged Medallion Financial Corp., a Delaware company headquartered in New York, NY, and its President and Chief Operating Officer, Andrew Murstein of New York, NY, with illegally engaging in two schemes in an effort to reverse the company’s plummeting seclaw.com/glossary/stock/” data-gt-translate-attributes='[{“attribute”:”data-cmtooltip”, “format”:”html”}]’>stock price. According to the SEC’s complaint, Medallion’s […]