DeAndre P. Sears et al. (Release No. LR-25002; Dec. 31, 2020)
Litigation Release No. 25002 / December 31, 2020 Securities and Exchange Commission v. DeAndre P. Sears et al., Case No. 20-cv-03114 (M.D. Fla filed December 31, 2020) The Securities and Exchange Commission today announced charges against DeAndre P. Sears and MASears LLC d/b/a Picasso Group, an entity he controlled and operated, with registration violations for unlawfully selling securities of Florida-based real estate firm EquiAlt LLC to retail investors. The SEC previously filed an enforcement action against EquiAlt LLC, its CEO Brian Davison, and its Managing Director Barry Rybicki on Fe...