SEC Obtains Final Judgment Against Trader in Stock Manipulation Scheme
February 12, 2025
February 12, 2025
WASHINGTON, Feb. 12 -- The Securities and Exchange Commission issued the following litigation release (No. 1:19-cv-12127; D. Mass. filed Oct. 15, 2019) involving Xiaosong Wang:
* * *
On January 29, 2025, the U.S. District Court for the District of Massachusetts entered a final consent judgment against defendant Xiaosong Wang for his role in a stock manipulation scheme that generated millions in illegally obtained proceeds on the trading of stock in more than 3,900 publi . . .
* * *
On January 29, 2025, the U.S. District Court for the District of Massachusetts entered a final consent judgment against defendant Xiaosong Wang for his role in a stock manipulation scheme that generated millions in illegally obtained proceeds on the trading of stock in more than 3,900 publi . . .