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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.  To view Press Releases prior to 2012, view the Press Release Archive. E-mail Updates: To sign up for updates, please enter your e-mail address below. E-mail address

SEC Reappoints Lewis H. Ferguson to Second Term on PCAOB
Posted by on 07/02/2015 at 5:59 PM

The Securities and Exchange Commission today announced that Public Company Accounting Oversight Board (PCAOB) member Lewis H. Ferguson has been reappointed for a second term on the Board. “I am pleased with the Commission’s reappointment of Lew Ferguson as a PCAOB board member,” […]

SEC Halts Pyramid/Ponzi Scheme Targeting Spanish and Portuguese Communities
Posted by on 07/02/2015 at 5:10 PM

The Securities and Exchange Commission today announced fraud charges and an asset freeze against the operators of a pyramid and Ponzi scheme falsely promising a gold mine of investment opportunity to investors in Spanish and Portuguese-speaking communities in Massachusetts, Florida, and elsewhere […]

SEC Solicits Public Comment on Audit Committee Disclosures
Posted by on 07/01/2015 at 6:54 PM

The Securities and Exchange Commission today voted to publish a concept release seeking public comment on current audit committee disclosure requirements, focusing on the committee’s oversight of independent auditors.  The Commission is interested in receiving information about the audit […]

SEC Charges Deloitte & Touche With Violating Auditor Independence Rules
Posted by on 07/01/2015 at 5:35 PM

The Securities and Exchange Commission today charged Deloitte & Touche LLP with violating auditor independence rules when its consulting affiliate maintained a business relationship with a trustee serving on the boards and audit committees of three funds it audited.  Deloitte agreed to pay […]

SEC Proposes Rules Requiring Companies to Adopt Clawback Policies on Executive Compensation
Posted by on 07/01/2015 at 4:45 PM

The Securities and Exchange Commission today proposed rules directing national securities exchanges and associations to establish listing standards requiring companies to adopt policies that require executive officers to pay back incentive-based compensation that they were awarded […]

SEC Charges Former Stockbroker With Conducting Ponzi Scheme
Posted by on 07/01/2015 at 3:55 PM

The Securities and Exchange Commission today charged a former stockbroker in Pennsylvania with conducting a Ponzi scheme and stealing investor money to purchase a condominium in Florida and afford his own vacations and other luxuries. The SEC alleges that Malcolm Segal fraudulently sold […]

SEC Charges Hedge Fund Advisory Firm With Conducting Fraudulent Fund Valuation Scheme
Posted by on 07/01/2015 at 2:30 PM

The Securities and Exchange Commission today charged a Greenwich, Conn.-based investment advisory firm and its two owners with fraudulently inflating the prices of securities in hedge fund portfolios they managed. An SEC investigation found that AlphaBridge Capital Management told investors and […]

SEC Charges Goldman Sachs With Violating Market Access Rule
Posted by on 06/30/2015 at 4:15 PM

The Securities and Exchange Commission today charged Goldman, Sachs & Co. with violating the market access rule in connection with a trading incident that resulted in erroneous executions of options contracts. Goldman Sachs agreed to pay a $7 million penalty to settle the charges. An […]

SEC Announces Cherry-Picking Charges Against Investment Manager
Posted by on 06/29/2015 at 5:10 PM

The Securities and Exchange Commission today announced fraud charges against a Wisconsin-based investment advisory firm and its owner accused of improperly allocating to his personal and business accounts certain options trades that appreciated in value during the course of a trading day while […]

SEC Charges KKR With Misallocating Broken Deal Expenses
Posted by on 06/29/2015 at 2:55 PM

The Securities and Exchange Commission today charged Kohlberg Kravis Roberts & Co. (KKR) with misallocating more than $17 million in so-called “broken deal” expenses to its flagship private equity funds in breach of its fiduciary duty. KKR agreed to pay nearly $30 million to […]

John Roeser Named Associate Director of the Office of Market Supervision
Posted by on 06/25/2015 at 6:00 PM

The Securities and Exchange Commission today announced that it has named John C. Roeser as Associate Director and deputy head of the Office of Market Supervision in its Division of Trading and Markets.  Mr. Roeser will assume his new role immediately. Mr. Roeser replaces Heather Seidel who […]

SEC Charges Microcap Promoter With Illegally Selling Penny Stock Shares
Posted by on 06/23/2015 at 8:55 PM

The Securities and Exchange Commission today charged a microcap promoter with illegally selling more than 83 million penny stock shares that he secretly obtained through at least 10 different offshore front companies. According to the SEC’s complaint filed in U.S. District Court for the […]

SEC Obtains Asset Freeze Against China-Based Trader for Suspicious Activity Last Week
Posted by on 06/23/2015 at 8:50 PM

The Securities and Exchange Commission today obtained an emergency court order to freeze the assets of a trader in China who profited by more than $1 million after trading in a U.S. brokerage account in advance of last week’s public announcement that China-based Qihoo 360 Technology Co. Ltd. […]

SEC Charges Unregistered Brokers in EB-5 Immigrant Investor Program
Posted by on 06/23/2015 at 7:10 PM

The Securities and Exchange Commission today charged two firms that illegally brokered more than $79 million of investments by foreigners seeking U.S. residency.  The charges are the first against brokers handling investments in the government’s EB-5 Immigrant Investor Program and follow […]

SEC Charges Microcap Oil Company, CEO, and Stock Promoter With Defrauding Investors
Posted by on 06/18/2015 at 7:00 PM

The Securities and Exchange Commission today charged a Texas-based oil company and its CEO with defrauding investors about reserve estimates and drilling plans, and charged the author of a stock-picking newsletter for his role in a fraudulent promotional campaign encouraging readers to buy the oil […]

SEC Charges 36 Firms for Fraudulent Municipal Bond Offerings
Posted by on 06/18/2015 at 4:30 PM

The Securities and Exchange Commission today announced enforcement actions against 36 municipal underwriting firms for violations in municipal bond offerings. The cases are the first brought against underwriters under the Municipalities Continuing Disclosure Cooperation (MCDC) Initiative, a […]

SEC Charges Investment Adviser and Mutual Fund Board Members With Failures in Advisory Contract Approval Process
Posted by on 06/17/2015 at 4:55 PM

The Securities and Exchange Commission today charged a mutual fund adviser, its principal, and three mutual fund board members with failing to satisfy their statutory obligations in connection with the evaluation and approval of mutual fund advisory contracts. Richmond, Va.-based advisory firm […]

SEC Announces Enforcement Action for Illegal Offering of Security-Based Swaps
Posted by on 06/17/2015 at 4:05 PM

The Securities and Exchange Commission today announced an enforcement action against a company that illegally offered complex derivatives products to retail investors. The Dodd-Frank Act implemented two key requirements for any security-based swaps offering to a retail investor who […]

SEC Charges Investment Adviser With Fraudulently Funneling Client Assets to Companies in Owner’s Interest
Posted by on 06/17/2015 at 1:35 PM

The Securities and Exchange Commission today announced fraud charges against a Massachusetts-based investment advisory firm and its owner for funneling more than $17 million in client assets into four financially troubled Canadian penny stock companies in which the owner has undisclosed business […]

SEC Announces Charges Against Retirement Plan Custodian in Connection With Ponzi Scheme
Posted by on 06/16/2015 at 4:55 PM

The Securities and Exchange Commission today announced charges against an Ohio-based self-directed IRA provider accused of ignoring red flags for accounts with investments that turned out to be fraudulent. The SEC Enforcement Division alleges that Equity Trust Company took an active role in […]