Nutra Pharma Corp (NPHC)

[k9narc]

Not sure if this got posted...go rik.

Maker of Venom-Based Remedy Violated Securities Laws, Court Says
Sept. 1, 2022, 5:05 PM

Company allegedly raised money for cobra farm
CEO gets jury trial on claims he abetted violations
The SEC has proven that Nutra Pharma Corp. offered common stock without registering to do so or filing necessary forms, and that the CEO of the homeopathic remedy maker failed to report acquisitions of the stock as required, a federal court in New York ruled.

Summary judgment is appropriate on those claims, Judge Joanna Seybert said Wednesday for the US District Court for the Eastern District of New York.

But the Security and Exchange Commission’s claim that the executive, Erik Deitsch, aided and abetted securities law violations must be tried by a jury, she said.

https://news.bloomberglaw.com/litigation/maker-of-venom-based-remedy-violated-securities-laws-court-says