CONTACT US

Phone: 248-385-7100

Email: info@shermanlawoffices.com

About Us-

Welcome to our website.

Sherman Law Offices is honored you have taken the time to seek out our team; we hope to be of value for you and your business.

Our firm has over twenty-two years’ of experience working with business owners. We

can help with securities offerings, corporate entity formation, trust formation, and almost any other legal issue that presents itself to your business, or to you as a business owner. Our firm maximizes efficiency while keeping your legal costs down.

If you are in the middle of a project, just starting one, or simply considering your

options, we would like to help. We can schedule a free telephone call to hear about your business, offer some preliminary advice, and inform you of what you can and should do next. Please do not hesitate to email or call and we will gladly schedule a mutually convenient time for a consultation.

Newsroom

Press Releases Official announcements highlighting recent actions taken by the SEC and other newsworthy information.

Broker Charged With Defrauding Customers
Posted by on 04/25/2017 at 7:30 PM

The Securities and Exchange Commission today charged a former broker with knowingly or recklessly trading unsuitable investment products in the accounts of five customers and misappropriating more than $170,000 from one of those customers. The SEC’s complaint alleges that Demitrios Hallas […]

SEC Awards Nearly $4 Million to Whistleblower
Posted by on 04/25/2017 at 6:15 PM

The Securities and Exchange Commission today announced an award of nearly $4 million to a whistleblower who tipped the agency with detailed and specific information about serious misconduct and provided additional assistance during the ensuing investigation, including industry-specific knowledge […]

Investment Bank VP Charged With Insider Trading
Posted by on 04/24/2017 at 8:25 PM

The Securities and Exchange Commission today charged a vice president in the risk management department of a New York-based investment bank with insider trading on confidential information he learned in advance of a private equity firm’s acquisition of a publicly-traded technology company. […]

Portfolio Manager Charged With Diverting Nearly $2 Million to Personal Account
Posted by on 04/24/2017 at 5:30 PM

The Securities and Exchange Commission today announced fraud charges against a Massachusetts-based portfolio manager accused of diverting at least $1.95 million to his personal brokerage account from a fund over which he had trading authority. The SEC’s complaint alleges that Kevin J. Amell […]

Telecom Executives Agree to Pay Penalties for FCPA Violations
Posted by on 04/24/2017 at 3:05 PM

The Securities and Exchange Commission today announced that two former executives at Hungarian-based telecommunications company Magyar Telekom have agreed to pay financial penalties and accept officer-and-director bars to settle a previously-filed SEC case alleging they violated the Foreign Corrupt […]

SEC Freezes Brokerage Accounts Behind Alleged Insider Trading
Posted by on 04/14/2017 at 3:00 PM

The Securities and Exchange Commission today announced an emergency court order to freeze assets in two brokerage accounts used last week to reap more than $1 million in alleged insider trading profits in connection with a merger announcement by telecommunications companies. According to the […]

SEC: Payments for Bullish Articles on Stocks Must Be Disclosed to Investors
Posted by on 04/10/2017 at 2:35 PM

The Securities and Exchange Commission today announced enforcement actions against 27 individuals and entities behind various alleged stock promotion schemes that left investors with the impression they were reading independent, unbiased analyses on investing websites while writers were being […]

SEC Adopts JOBS Act Amendments to Help Entrepreneurs and Investors
Posted by on 04/05/2017 at 8:24 PM

The Securities and Exchange Commission today announced that it has adopted amendments to increase the amount of money companies can raise through crowdfunding to adjust for inflation.  It also approved amendments that adjust for inflation a threshold used to determine eligibility for benefits […]

SEC Charges Muni Bond Underwriter With Gatekeeper Failures
Posted by on 04/05/2017 at 6:05 PM

The Securities and Exchange Commission today announced that an Arizona-based brokerage firm, its CEO, and its former underwriter’s counsel have agreed to settle charges related to municipal bond offerings they were underwriting that turned out to be fraudulent. The SEC’s order finds […]

Kara Novaco Brockmeyer, Chief of FCPA Unit, to Leave SEC After 17 Years of Service
Posted by on 04/04/2017 at 7:35 PM

The Securities and Exchange Commission today announced that Kara Novaco Brockmeyer, Chief of the Enforcement Division’s Foreign Corrupt Practices Act (FCPA) Unit, is planning to leave the agency later this month.  Since 2011, Ms. Brockmeyer has led a national unit of 38 attorneys, […]

SEC Announces Agenda for April 5 Meeting of the Equity Market Structure Advisory Committee
Posted by on 03/30/2017 at 9:15 PM

The Securities and Exchange Commission today announced its Equity Market Structure Advisory Committee will meet on April 5 beginning at 9:30 a.m. ET.  The Commission established the advisory committee to provide a formal mechanism through which the Commission can receive advice and […]

SEC Charges Pastor With Defrauding Retirees
Posted by on 03/30/2017 at 2:45 PM

The Securities and Exchange Commission today announced fraud charges and an emergency asset freeze obtained against a Michigan-based pastor accused of exploiting church members, retirees, and laid-off auto workers who were misled to believe they were investing in a successful real estate business. […]

SEC Names Sagar S. Teotia as Deputy Chief Accountant
Posted by on 03/30/2017 at 2:00 PM

The Securities and Exchange Commission today announced the appointment of Sagar S. Teotia as a Deputy Chief Accountant in the agency's Office of the Chief Accountant. As Deputy Chief Accountant, Mr. Teotia will lead the activities of the office's accounting group, which includes understanding […]

SEC Halts Fraud Targeting Seniors
Posted by on 03/27/2017 at 7:39 PM

The Securities and Exchange Commission today announced an emergency asset freeze and temporary restraining order against a Chicago-based investment adviser and his financial management company accused of scamming elderly investors out of millions of dollars.  The SEC alleges that Daniel H. […]

SEC Halts Boiler Room Scheme Involving State Lottery Tickets
Posted by on 03/27/2017 at 7:34 PM

The Securities and Exchange Commission today announced charges against a Florida-based company, its CEO, and its top sales agent accused of conducting a boiler room scheme that solicits investments in a business purportedly facilitating online and cell phone sales of lottery tickets in various […]

Overseas Traders Paying Back All Profits Plus Penalties in Insider Trading Case
Posted by on 03/24/2017 at 7:27 PM

The Securities and Exchange Commission today announced that three Peruvian traders have agreed to settle a pending case alleging that they traded on nonpublic information prior to the merger of two mining companies. The SEC filed its complaint in September 2016, and the settlements were approved […]

SEC Announces 2017 Compliance Outreach Program Seminars for Investment Companies and Investment Advisers
Posted by on 03/23/2017 at 5:45 PM

The Securities and Exchange Commission today announced the opening of registration for its compliance outreach program seminars for investment companies and investment advisers.  The seminars will be offered in four cities and are intended to help Chief Compliance Officers (CCOs) and other […]

SEC Adopts T+2 Settlement Cycle for Securities Transactions
Posted by on 03/22/2017 at 4:10 PM

The Securities and Exchange Commission today adopted an amendment to shorten by one business day the standard settlement cycle for most broker-dealer securities transactions.  Currently, the standard settlement cycle for these transactions is three business days, known as T+3.  The […]

SEC, National Bank of Belgium Agree to Enhanced Cooperation and Information Sharing Regarding Euroclear
Posted by on 03/14/2017 at 7:45 PM

The Securities and Exchange Commission today announced that it has entered into an arrangement with the National Bank of Belgium to enhance cooperation and information sharing regarding expanded services by Euroclear Bank, which provides clearance and settlement through its operation of the […]

Auditor Charged With Insider Trading on Client’s Nonpublic Information
Posted by on 03/14/2017 at 5:00 PM

The Securities and Exchange Commission today announced that an auditor based in the Silicon Valley has agreed to settle charges that he traded on inside information about a client on the verge of a merger. The SEC’s order finds that through his work at an independent audit firm, Nima […]