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SEC Prosecutions

SEC Prosecutions

SEC Charges Chicago-Area Company and CEO with Defrauding Investors in $20 Million Stock Offering Scheme

SEC v. Gregory E. Webb and InfrAegis, Inc.

  • TBD

Civil injunctive action brought charging defendants with conducting a fraudulent, unregistered offering of InfrAegis stock that raised over $20 million from hundreds of investors across the country. They allegedly made false and misleading claims about InfrAegis’ commercial success, including the existence of contracts for the sale of InfrAegis’ products. This case was stayed pending the outcome of a parallel criminal case at the time of this writing/summary.

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