Don't want ads? Subscribe or login now.

SEC Wins $1M Real Estate Fraud Suit Over NC Development

By Sydney Price · April 18, 2025, 9:22 PM EDT

The U.S. Securities and Exchange Commission scored a win in its fraud suit in North Carolina federal court against an insurance agent and his company, with a judge finding the agency...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Opinion

Case Information

Case Title

SECURITIES AND EXCHANGE COMMISSION v. MELTON et al

Case Number

1:23-cv-00434

Court

North Carolina Middle

Nature of Suit

Securities/Commodities

Date Filed

May 30, 2023

Recent Articles By Sydney

October 02, 2025
NC Insurance Agent Ordered To Pay $1.7M In SEC Fraud Suit
September 30, 2025
Globe Life Can't Escape Investors' Toxic Culture Fraud Suit
September 24, 2025
UnitedHealth Fights Investor Suit Over DOJ's Merger Probe
August 04, 2025
Catching Up With Delaware's Chancery Court
January 24, 2025
Wells Fargo Gets Another Win In Lifetrade Investor Suit
November 08, 2024
Insurer Ignored Sex Harassment And Rampant Fraud, Suit Says
October 24, 2024
Robbins Geller Tapped To Lead Lincoln National Investor Suit
May 15, 2024
UnitedHealth Concealed DOJ Merger Investigation, Suit Says
May 01, 2024
Globe Life Hid Toxic Culture And Policy Fraud, Investors Say
April 30, 2024
SEC Fines Adviser Firm For Splitting Legal Fees With Client