By Katryna Perera (April 11, 2022, 3:13 PM EDT) — The U.S. Securities and Exchange Commission has sued two Florida men for their alleged roles in a $322 million fraud scheme in which the investment firm they worked for — 1 Global Capital LLC — sold unregistered securities to investors and used the investor funds to offer short-term financing to small and medium-sized businesses.
The SEC filed two separate complaints against Scott Merkelson and Eric Alexander in Florida federal court Monday. According to the complaints, both men worked for 1 Global during the period of the alleged fraud. Merkelson served as 1 Global’s director of business development from April 2017 through…
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!
