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SmartRIA® Announces Second Strategic Investment Round from Dynasty Financial Partners and MarketCounsel

SmartRIA® Announces Second Strategic Investment Round from Dynasty Financial Partners and MarketCounsel

SmartRIA® Announces Second Strategic Investment Round from Dynasty Financial Partners and MarketCounsel
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Regulatory Update and Recent SEC Actions

Regulatory Update and Recent SEC Actions
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Asset Manager Says Lowenstein Advice Led To SEC Scrutiny

Asset manager Medley Management Inc. Friday accused Lowenstein Sandler LLP of professional malpractice, saying among other things its attorneys offered advice that was called into question by a regulator that fined the investment management firm and its former CEOs $10 million this week.

Medley Management and Former Co-CEOs to Pay $10 Million Penalty for Misleading Investors and Clients

The Securities and Exchange Commission today charged publicly-traded asset manager Medley Management and its former co-CEOs, Brook B. Taube and Seth B. Taube, with making misrepresentations to investors and clients that created the illusion of Medley’s likely future growth.

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