The U.S. Securities and Exchange Commission sued Bell Rock Capital LLC and its founder Marguerite Cassandra Toroian Friday in Pennsylvania Eastern District Court over alleged violations of federal securities laws. The complaint accuses the defendants of engaging in a fraudulent trade allocation scheme, known as ‘cherry picking.’ Attorneys have not yet appeared for the defendants. The case is 2:22-cv-00715, Securities And Exchange Commission v. Toroian et al.

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