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SEC Charges Meta Materials and Former CEO with Market Manipulation, Fraud, and Other Violations

CointimeCointime2024/06/25 13:34
By:Cointime

US Securities and Exchange Commission announced that it is accusing Meta Materials and its former CEO of market manipulation, fraud, and other illegal activities. The US Securities and Exchange Commission today charged Meta Materials and its former CEO John Brda and George Palikaras. The company has agreed to settle the US Securities and Exchange Commission's charges in an administrative proceeding, while the US Securities and Exchange Commission's lawsuit against Brda and Palikaras will proceed in federal district court.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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