Reuters logo
BRIEF-FINRA, exchanges charge Lek Securities and CEO Samuel Lek with aiding, abetting securities fraud
March 27, 2017 / 5:01 PM / in 7 months

BRIEF-FINRA, exchanges charge Lek Securities and CEO Samuel Lek with aiding, abetting securities fraud

March 27 (Reuters) - The Financial Industry Regulatory Authority (FINRA) :

* FINRA and exchanges charge Lek Securities and CEO Samuel F. Lek with aiding and abetting securities fraud

* FINRA - Complaints allege that Lek Securities and Lek aided and abetted “extensive manipulative” trading in customer account “Avalon” from Oct 2010 to June 2015

* FINRA - Lek Securities is also charged with aiding and abetting Avalon’s operation of an unregistered broker-dealer Source text for Eikon:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below