MANIPULATIONS.D.N.Y.
SEC v. Muller
DOCKET · 1:21-cv-06048 · FILED · JUL 14, 2021
Violations Charged
Section 10(b), Rule 10b-5(a) and (c)
Case Overview
The SEC charged Marlon Muller with participating in the scheme to manipulate the stock of EMS Find (EMSF). According to the complaint, Muller and an associate traded in coordinated patterns designed to artificially raise and sustain EMSF's share price and to generate liquidity.
The conduct overlapped the infrastructure charged in the Ciapala and Blacklight actions filed earlier.
Joe's Role
The SEC's litigation release names Joe among the staff who conducted the investigation.
Outcome
Muller consented to a permanent injunction against future antifraud violations, and the case closed about three months after it was filed.
ISSUERS · EMS Find, Inc. (EMSF)