SEC
Whistleblower
Attorneys
LANDMARK LAWSUIT FILED AGAINST SEC TO PROTECT ALL WHISTLEBLOWERS

November 21, 2019

Samuel DelPresto, MLF Group, LLC, Donald Toomer, Jr.

Market Manipulation

SANCTION AMOUNT: $13934213

Defendants: MLF Group, LLC
Samuel DelPresto, Donald Toomer, Jr.

Consent judgments entered against defendants for a market manipulation scheme in which DelPresto and a partner secretly acquired ownership of the vast majority of shares of at least four microcap companies, then heavily promoted and dumped them. Toomer, an investment adviser associated with a registered entity, allegedly received cash kickbacks in exchange for purchasing three of the companies' stocks in his advisory clients' accounts to create the appearance of liquidity and demand.

Named one of the top whistleblower practices/attorneys in the country by The New York Times, Wall Street Journal and NPR
Thank you for submitting some email to us.