- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Kyle Brasseur2023-11-21T19:27:00
SkiHawk Capital Partners won the dismissal of fraud claims against it, another investment adviser, and their owners and managers by the Securities and Exchange Commission (SEC).
SkiHawk and The Convergence Group (TCG), along with individuals Clement Borkowski, Sean Hawkins, and Joseph Schiff, faced a lawsuit from the SEC in June 2021 accusing them of fraud, material misrepresentations, and breaches of fiduciary duty in connection with three private funds they advised. The agency sought permanent injunctions, disgorgement with prejudgment interest, and civil penalties in its litigation.
TCG announced in a press release Monday the victory over the SEC’s claims.
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Brooge Energy agreed to pay $5 million in a settlement with the Securities and Exchange Commission resolving fraud charges related to a scheme to inflate revenues.
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The chief compliance officer of a defunct pharmacy holding company was sentenced to 4 1/2 years in prison after being found guilty of conspiracy to commit healthcare fraud and wire fraud earlier this year.
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Admera Health agreed to pay more than $5.5 million to resolve allegations first brought by two whistleblowers that it paid kickbacks to third-party contractors, the Department of Justice said.
