July 12, 2018
Posted July 17, 2018
Darren Goodrich, a former registered stock broker, was sentenced to two concurrent 41-month terms in prison for his role in two securities schemes. In the first, along with his co-conspirators, Goodrich had controlled the trading of stock in Cubed, Inc., to manipulate the price and trading volume to their advantage. In the second, Goodrich helped engineer several pump-and-dump schemes that generated almost $35 million in profits for the conspirators. USAO EDNY
Tagged in: Market Manipulation and Trading Violations, Securities Fraud,