#securities-fraud

#securities-fraud

"I'm terribly sorry for my part. This episode has been the worst time of my life." - Peter L. Coker Sr.

I did everything Ted asked me to do and never questioned him. I concealed my relationship with Ted from the board and shareholders and allowed others to use my signature, not telling investors and the public that the company was failing even though I knew it was.

"The judge's decisions were limiting a great deal of the evidence," Corozzo explained of the decision that ultimately led Franzone to plead guilty instead of facing a jury.

Kubient raised more than $33 million during its initial and secondary equity offerings, demonstrating significant investor interest but also raising red flags about its operations.

The Bay Area is home to incredible innovation and hard-working entrepreneurs, but innovation cannot grow through fraud. Schemes like the ones that defendants are charged with threaten our financial markets and cheat investors.