Litigation Release No. 24979 / December 9, 2020 Securities and Exchange Commission v. Gomes et al.;, Civil Action No. 1:20-cv-11092 (D. Mass. filed June 9, 2020) United States v. Schmidt, No. 20-mj-06415 (D. Mass. filed June 8, 2020) On December 4, 2020, the U.S. District Court for the District of Massachusetts entered final judgments against FFS Capital Limited, Paifang Trading Limited, Artefactor Limited, Meadow Asia Limited, and Thyme International Limited. Among other things, the judgments order these entities to pay a total of $12,895,750 in civil penalties, disgorgement, and prejudgment interest. On June 9, 2020, the Commission filed an emergency action and obtained an asset freeze against five individuals and six offshore entities for an alleged fraudulent scheme that generated more than $25 million from illegal sales of multiple microcap companies' stock.