LIG Assets Inc (LIGA)

[ChannelTrader]

Anyone know Ibrahim Almagarby and Microcap Equity Group LLC ? I'm glad they busted that turds ass. Any shares he had left in $LIGA are now cancelled by the SEC

https://www.sec.gov/litigation/complaints/2017/comp23992.pdf

Securities and Exchange Commission v. Ibrahim Almagarby and Microcap Equity Group LLC, No. 17-cv-62255 (S.D. Fla. November 17, 2017)

Civil Penalties
Ordering Ibrahim Almagarby and Microcap Equity Group LLC, jointly and severally, to pay an appropriate civil penalty under Exchange Act Section 21(d)(3) [15 U.S.C. § 78u(d)(3)];
IV.
Disgorgement
Ordering Ibrahim Almagarby and Microcap Equity Group LLC, jointly and severally, to disgorge, with prejudgment interest, all ill-gotten gains derived from the activities set forth in this Complaint;
V.
Cancellation and Surrender
Ordering Defendant Microcap Equity Group LLC to surrender for cancellation its remaining shares of stock