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By Will Feuer The Securities and Exchange Commission charged Sharpie and Yankee Candle maker Newell Brands as well as its former chief executive officer for misleading investors over...
Georgia-based consumer products company Newell Brands Inc. (NASDAQ: NWL) has been charged by the U.S. Securities and Exchange Commission for misleading investors about its core sales growth.
"Nearly everything about his scheme was a lie,’" the SEC says in new charges against the investor, who raised money to buy homes in northern Ohio.
Matthew M. Motil, 43, was charged in a complaint filed the US Securities and Exchange Commission on Monday, seeking disgorgement of any ill-gotten gains and civil money penalties.
Regulator says host touted real estate investment scheme that took US$11 million from investors