sec whistleblower attorneys
May 22, 2019
Howard M. Appel
Market Manipulation
SANCTION AMOUNT: $4,355,947
Defendants: Howard M. Appel
Defendant and associates that he recruited and directed to buy and sell shares secretly acquired ownership or control over enough stock in three microcap companies that he effectively controlled the float. He then conducted matched trades to artificially create interest and drive up the trading price, after which he sold in real trades netting over $3 million in profits.
- Key Docs
- Official SEC press release