Jessica B. Magee and Kayla Joyce of Holland & Knight and Steven Rosato of DLA Piper have entered appearances for Georgios Palikaras and John Brda, respectively, in a pending securities lawsuit. The case, filed June 25 in New York Southern District Court by the U.S. Securities and Exchange Commission, accuses the defendants of engaging in a fraudulent scheme to manipulate the price of Torchlight Energy Resources stock and sell Torchlight stock to investors at inflated prices. The case, assigned to U.S. District Judge Katherine Polk Failla, is 1:24-cv-04806, Securities and Exchange Commission v. Brda et al.
Government
August 09, 2024, 10:28 AM