sec whistleblower attorneys
May 05, 2020
Lisa Bershan, Barry Schwartz, Joel Margulies
Offering Fraud
SANCTION AMOUNT: $6977541
Defendants: Lisa Bershan, Barry Schwartz, Joel Margulies
Defendants fraudulently misrepresented that a purported chocolate caffeinated snack company they controlled was developing and ready to mass produce its own caffeinated snack, and that investors would receive a one-to-one exchange for Monster or Coca-Cola shares after it was acquired. In reality, there was no agreement to be acquired and funds were misappropriated for personal use.
- Key Docs
- Official SEC press release
