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About Us-

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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

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Newsroom

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

''Movie Studio'' Executives Charged With Microcap Fraud
Posted by on 09/23/2016 at 6:20 PM

The Securities and Exchange Commission today charged three company executives with defrauding investors in a purported project to construct the largest movie studio in North America at a suburban location outside Savannah, Georgia.   The SEC alleges that Manu Kumaran, the founder and former […]

Blank Check Company Manufacturer Charged With Fraud
Posted by on 09/21/2016 at 4:30 PM

The Securities and Exchange Commission today announced fraud charges against a Florida man who was part of a scheme to register and sell stock in blank check companies masked as promising startups to illicitly profit off the investing public.   The SEC's order finds that Sheldon R. Rose […]

SEC Charges Hedge Fund Manager Leon Cooperman With Insider Trading
Posted by on 09/21/2016 at 2:45 PM

The Securities and Exchange Commission today charged hedge fund manager Leon G. Cooperman and his firm Omega Advisors with insider trading based on material nonpublic information he learned in confidence from a corporate executive. The SEC alleges that Cooperman generated substantial illicit […]

SEC Issues $4 Million Whistleblower Award
Posted by on 09/20/2016 at 2:55 PM

The Securities and Exchange Commission today announced an award of more than $4 million to a whistleblower whose original information alerted the agency to a fraud. The SEC’s whistleblower program has awarded more than $111 million to 34 whistleblowers since its inception in 2011. […]

Ernst & Young, Former Partners Charged With Violating Auditor Independence Rules
Posted by on 09/19/2016 at 2:05 PM

The Securities and Exchange Commission today announced that public accounting firm Ernst & Young has agreed to pay $9.3 million to settle charges that two of the firm’s audit partners got too close to their clients on a personal level and violated rules that ensure firms maintain their […]

Marijuana-Related Company Charged with Scheming Investors
Posted by on 09/16/2016 at 7:20 PM

The Securities and Exchange Commission today announced fraud charges in a scheme involving illegal stock sales and false financial filings of a company that makes containers for growing marijuana. An SEC investigation found that William J. Sears orchestrated the scheme along with his […]

Jennifer Marietta-Westberg, Deputy Director and Deputy Chief Economist of the Division of Economic and Risk Analysis, to Leave SEC after Ten Years of Service
Posted by on 09/15/2016 at 2:30 PM

The Securities and Exchange Commission announced today that Jennifer Marietta-Westberg, Deputy Chief Economist and Deputy Director of the SEC’s Division of Economic and Risk Analysis, is planning to leave the agency after 10 years of public service. Dr. Marietta-Westberg joined the SEC as a […]

“Stock Trading Whiz Kid” to Pay $1.5 Million to Settle Stock Newsletter Fraud Charges
Posted by on 09/13/2016 at 7:05 PM

The Securities and Exchange Commission today announced that a self-proclaimed “stock trading whiz kid” and his stock newsletter company in Los Angeles have agreed to pay nearly $1.5 million to settle charges that they defrauded subscribers through false statements and […]

SEC: Company Failed to Disclose Credit Risk in Investments
Posted by on 09/13/2016 at 4:20 PM

The Securities and Exchange Commission today announced that a Portuguese-based telecommunications company has agreed to pay a $1.25 million penalty for its failure to properly disclose the nature and extent of credit risk involved in its investments in debt instruments issued by companies of […]

BOK Financial, Senior Executive Charged With Turning Blind Eye to Investment Scheme
Posted by on 09/09/2016 at 5:35 PM

The Securities and Exchange Commission today announced that a subsidiary of Oklahoma-based BOK Financial Corporation has agreed to pay more than $1.6 million to settle charges that it concealed numerous problems and red flags from investors in municipal bond offerings to purchase and renovate […]

Two Firms Charged With Compliance Failures in Wrap Fee Programs
Posted by on 09/08/2016 at 5:35 PM

The Securities and Exchange Commission today announced that two investment advisory firms are settling charges related to compliance failures within their wrap fee programs. SEC investigations found that St. Petersburg, Fla.-based Raymond James & Associates and Milwaukee-based Robert W. Baird […]

Executives Charged With Inflating Performance of Real Estate Investment Trust
Posted by on 09/08/2016 at 4:20 PM

The Securities and Exchange Commission today charged two former accounting executives with overstating the financial performance of a large publicly-traded real estate investment trust (REIT) then known as American Realty Capital Properties (ARCP) by purposely inflating a key metric used by […]

SEC Names Sarah G. ten Siethoff Deputy Associate Director in the Division of Investment Management’s Rulemaking Office
Posted by on 09/07/2016 at 4:00 PM

The Securities and Exchange Commission today announced that Sarah G. ten Siethoff has been named Deputy Associate Director in the Division of Investment Management’s Rulemaking Office. As Deputy Associate Director, Ms. ten Siethoff will develop recommendations for rulemaking and other policy […]

SEC Charges CEO and Paid Promoter With Fraudulently Promoting Stock of Las Vegas Health Products Company
Posted by on 09/06/2016 at 7:05 PM

The Securities and Exchange Commission today charged the CEO of a sexual health products retailer and a paid promoter with orchestrating fraudulent promotional campaigns to tout the company’s stock.   The SEC alleges that Scott S. Fraser, who also was a major shareholder in Las […]

SEC Charges Alabama Attorney and His Companies in Purported Waste-To-Energy Ventures
Posted by on 09/01/2016 at 7:15 PM

The Securities and Exchange Commission today charged Alabama attorney Donald Watkins and companies he controls with defrauding professional athletes and other investors out of millions of dollars, much of which he spent on his girlfriend and to cover personal expenses like alimony, past due taxes […]

SEC Proposes Amendments to Require Hyperlinks to Exhibits in Filings
Posted by on 08/31/2016 at 6:00 PM

The Securities and Exchange Commission today proposed rule and form amendments that would require registrants to include a hyperlink to exhibits in their filings. “The proposed changes should make it significantly easier to locate documents attached to company filings,” said SEC Chair […]

Fee Rate Advisory #1 for Fiscal Year 2017
Posted by on 08/31/2016 at 5:00 PM

The Securities and Exchange Commission today announced that in fiscal year 2017 the fees that public companies and other issuers pay to register their securities with the Commission will be set at $115.90 per million dollars. The securities laws require the Commission to make annual adjustments to […]

RBC to Pay $2.5 Million for Proxy Statement Disclosure Violations
Posted by on 08/31/2016 at 3:20 PM

The Securities and Exchange Commission today announced that RBC Capital Markets LLC has agreed to a $2.5 million settlement for causing materially false and misleading disclosures about its valuation analysis in a proxy statement for Rural/Metro Corporation’s sale in 2011 to a private equity […]

SEC Whistleblower Program Surpasses $100 Million in Awards
Posted by on 08/30/2016 at 4:15 PM

The Securities and Exchange Commission’s awards to whistleblowers have surpassed the $100 million mark with the program’s second-largest award of more than $22 million announced earlier today. The whistleblower program was established by Congress to incentivize whistleblowers with […]

$22 Million Whistleblower Award for Company Insider Who Helped Uncover Fraud
Posted by on 08/30/2016 at 3:30 PM

The Securities and Exchange Commission today announced the award of more than $22 million to a whistleblower whose detailed tip and extensive assistance helped the agency halt a well-hidden fraud at the company where the whistleblower worked. The $22 million-plus award is the second-largest total […]