The U.S. Securities and Exchange Commission sued Choice Advisors and Matthias Omeara Wednesday in California Southern District Court for allegedly providing municipal advisory services to charter schools without being registered. The defendants are also accused of failing to disclose Choice’s registration status and conflicts of interest to its clients. Lawyers have not yet appeared for the defendants. The case is 3:21-cv-01669, Securities and Exchange Commission v. Choice Advisors, LLC et al.
This suit was surfaced by Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. Law.com Radar publishes daily updates on just-filed federal cases like this one. Click here to get started and be first to know about new suits in your region, practice area or client sector.
