SEC charges Meyer Global Management and CEO for defrauding investors
The US Securities and Exchange Commission (SEC) has charged Meyer Global Management and its CEO, Owen Meyer, with defrauding retail investors. The firm allegedly exploited investors seeking exposure to pre-IPO shares of companies like SpaceX.
The US securities regulator on Wednesday charged Meyer Global Management and its CEO Owen Meyer over schemes at the private fund adviser that allegedly took advantage of retail investors seeking exposure to SpaceX and other pre-IPO shares.