sec whistleblower attorneys
December 10, 2019
Kornitzer Capital Management, Inc., John C. Kornitzer
Trading and Pricing
SANCTION AMOUNT: $7759118
Defendants: Kornitzer Capital Management, Inc.
John C. Kornitzer
Respondents, a RIA and its principal, agreed to settle charges that they failed to follow client instructions while serving as investment adviser to four collective investment trusts. Managing board members of these trusts directed Respondents to diversify and they committed to do so but did not, resulting in significant losses.
- Key Docs
- Official SEC press release
