Mich. Judge Denies SEC Win On Crowdfund Fraud, Urges Deal

By Melanie Dorsey · March 17, 2026, 5:49 PM EDT

A Michigan federal judge Tuesday shot down the U.S. Securities and Exchange Commission's bid for summary judgment against a man the agency accused of orchestrating a $2 million cannabis crowdfunding fraud,...

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Case Information

Case Title

United States Securities and Exchange Commission v. Japhia

Case Number

2:21-cv-12193

Court

Michigan Eastern

Nature of Suit

Securities/Commodities

Date Filed

September 20, 2021

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