FreeSeas Inc fka FREEF

[jhnvtjll]

https://www.sec.gov/litigation/complaints/2022/comp25410.pdf
FREEF mentioned on pages 15-18.


SEC Sues New York Based Firm and Its Managing Member for Acting as Unregistered Securities Dealers

Litigation Release No. 25410 / June 7, 2022

The Securities and Exchange Commission today announced charges against LG Capital Funding, LLC ("LG Capital") and its managing member Joseph Lerman of Brooklyn, New York, for failing to register as securities dealers with the SEC. LG Capital and Lerman allegedly bought and sold billions of newly-issued shares of microcap securities, or "penny stocks," which generated millions of dollars for LG Capital and Lerman.

https://www.sec.gov/litigation/litreleases/2022/lr25410.htm