SEC Charges North Carolina Resident, Utah Attorney in Alleged Fraudulent Stock Scheme
June 12, 2026
June 12, 2026
WASHINGTON, June 12 -- The Securities and Exchange Commission issued the following litigation release (No. 1:26-cv-4945; S.D.N.Y. filed June 11, 2026):
* * *
Securities and Exchange Commission v. Charles J. Cole, Torben M. Welch, et al., No. 1:26-cv-4945 (S.D.N.Y. filed June 11, 2026)
On June 11, 2026, the Securities and Exchange Commission filed charges against North Carolina resident Charles J. Cole, his lawyer, Utah resident Torben M. Welch, and three en . . .
* * *
Securities and Exchange Commission v. Charles J. Cole, Torben M. Welch, et al., No. 1:26-cv-4945 (S.D.N.Y. filed June 11, 2026)
On June 11, 2026, the Securities and Exchange Commission filed charges against North Carolina resident Charles J. Cole, his lawyer, Utah resident Torben M. Welch, and three en . . .