SEC Alleges Texas Man Offered Virgin Sham $200M 'Lifeline'

By Gina Kim · June 17, 2024, 8:07 PM EDT

Securities regulators sued a venture capitalist and his investment firm in Texas federal court Monday, accusing the firm of making a bogus offer to invest $200 million into Virgin Orbit last...

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Case Information

Case Title

Securities and Exchange Commission v. Brown et al

Case Number



Texas Northern

Nature of Suit

Other Statutes: Securities/Commodities/Exchange

Date Filed

June 17, 2024