When your case turns on how a microcap scheme actually worked, Joe brings a depth few practitioners have had the seat to build.
Joe provides expert reports and testimony on microcap companies, their securities, and the trading and markets around them.
Reconstructing trading to understand whether it created a false appearance of activity, price, or liquidity, and what impact it had on the market.
Reconstructing how shares moved from initial issuance to public sale, and analyzing each step against the elements these questions turn on.
Determining who actually controls a position when ownership is split across nominees, entities, brokerages, and borders.
Analyzing who paid for a promotional campaign, how it was disclosed, and how it lined up with trading.
Following money through the banking system, from individual account statements to the payment rails that move funds between institutions and across borders.
How microcap shares actually move, and where the records live at every step from issuance to settlement.
For nine years Joe was the principal investigator for the SEC’s Microcap Fraud Task Force, where his analysis went into federal filings and sworn declarations that had to hold up in court. His understanding of these schemes comes from the inside, from analyzing hundreds of microcap issuers and debriefing the cooperating witnesses who ran the frauds. He is a Certified Fraud Examiner with an academic background in both finance and accountancy.
Every engagement starts with a conflicts check, covering current engagements and the matters Joe worked on at the SEC, and a confidential read of your matter. Share a short description, and Joe will respond within 1-2 business days. If it is a fit, the next step is a complimentary consultation to scope the work.
Sworn declarations Joe filed as the SEC’s investigator.
Declaration in support of the asset freeze Doc. 8 · 16 pp · 29 exhibits
Reconstructed the matched trading in a zero-asset shell and identified the counterparties across five brokerages, working from Bluesheet and FINRA audit-trail data, shared IP and VPN records, and the outbound wires that located assets for the freeze.
Declaration in support of the TRO and asset freeze Doc. 7 · 25 pp · 96 exhibits
Traced the shell from its Nevada incorporation through 38 South African subscription agreements and the sequentially numbered cashiers’ checks behind them, and confirmed that no registration statement covered the sales, working from incorporation and EDGAR filings, subscription agreements, bank records, and brokerage records.
Declaration in support of the default judgment Doc. 20 · 8 pp
Set out the net-profit calculations supporting the default judgment, working from the brokerage and wire records for the accounts in Guangdong, China.
Declaration in support of the Rule 60(a) motion Doc. 26 · 2 pp
Identified the specific brokerage accounts behind the judgment for the court’s amended order.
Declaration opposing transfer of venue Doc. 42 · 7 pp · 2 exhibits
Analyzed Bluesheet data covering more than 10,000 trades across 28 fields to identify over 4,000 investors located in the district, defeating the motion to transfer venue.
Declaration in support of the TRO and asset freeze Doc. 2-1 · 26 pp · 24 exhibits
Identified matched orders and wash trades across six stocks by correlating order timestamps across nominally separate accounts, and tied the logins to a single IP address at a Colorado motel, working from Electronic Blue Sheet data and order and execution records from six brokerages.
Rebuttal declaration, remedies phase Doc. 126-2
Described, from personal knowledge of the SEC’s systems, how the Commission identifies the counterparties to microcap trades. The court denied the defendants’ motion to strike it, ruling it proper rebuttal testimony that required no expert disclosure.
Share a few details about your matter, and Joe will be in touch within 1-2 business days. If it might make sense to work together, the next step is a complimentary consultation.