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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, click View Archive.

SEC Issues Annual Staff Reports on Credit Rating Agencies
Posted by on 12/23/2014 at 10:15 PM

The Securities and Exchange Commission today issued its annual staff report on the findings of examinations of credit rating agencies registered as nationally recognized statistical rating organizations (NRSROs) and submitted a separate report on NRSROs to Congress.  “These reports […]

SEC Charges California-Based Stock Promoter With Defrauding Investors Seeking Pre-IPO Facebook and Twitter Shares
Posted by on 12/23/2014 at 8:00 PM

The Securities and Exchange Commission today charged a stock promoter based in Santa Barbara, Calif., with fraudulently raising nearly $3.5 million from investors purportedly to purchase Facebook and Twitter shares prior to their initial public offerings (IPOs). The SEC alleges that instead […]

SEC Charges Two Traders in Chile With Insider Trading
Posted by on 12/22/2014 at 9:00 PM

The Securities and Exchange Commission today charged two business associates in Chile with insider trading on nonpublic information that one of them learned while serving on the board of directors of a pharmaceutical company.  The agency obtained a court order to freeze assets in the U.S. […]

SEC Charges Corporate Attorney and Wife With Insider Trading on Client’s Confidential Information
Posted by on 12/22/2014 at 8:00 PM

The Securities and Exchange Commission today charged a California-based attorney and his wife with insider trading on confidential information obtained from a corporate client. The SEC alleges that while serving as outside counsel to Spectrum Pharmaceuticals last year, Shivbir Grewal […]

SEC Charges Investment Manager F-Squared and Former CEO With Making False Performance Claims
Posted by on 12/22/2014 at 4:15 PM

The Securities and Exchange Commission today announced that investment management firm F-Squared Investments has agreed to pay $35 million and admit wrongdoing to settle charges that it defrauded investors through false performance advertising about its flagship product. The SEC separately […]

SEC Proposes Amendments to Implement JOBS Act Mandate for Exchange Act Registration Requirements
Posted by on 12/18/2014 at 10:30 PM

As mandated by the Jumpstart Our Business Startups Act (JOBS Act), the Securities and Exchange Commission has approved the issuance of proposed amendments to revise the rules related to the thresholds for registration, termination of registration, and suspension of reporting under Section 12(g) of […]

SEC Charges Staten Island-Based Firm With Operating Boiler Room Scheme Targeting Seniors
Posted by on 12/18/2014 at 7:05 PM

The Securities and Exchange Commission today charged a Staten Island, N.Y.-based firm, its former president, and two sales representatives involved in a fraudulent boiler room scheme targeting seniors to invest in speculative start-up companies. The SEC alleges that Dwayne Malloy, Chris […]

SEC Names Deputy Directors in the Division of Trading and Markets
Posted by on 12/17/2014 at 10:07 PM

The Securities and Exchange Commission today announced that Gary Barnett and Gary Goldsholle have been named as deputy directors in the Division of Trading and Markets. “I am pleased to announce these additions to our staff,” said Stephen Luparello, Director of the Division of […]

SEC Charges Avon With FCPA Violations
Posted by on 12/17/2014 at 9:40 PM

The Securities and Exchange Commission today charged global beauty products company Avon Products Inc. with violating the Foreign Corrupt Practices Act (FCPA) by failing to put controls in place to detect and prevent payments and gifts to Chinese government officials from employees and consultants […]

SEC Imposes Sanctions Against Hong Kong-Based Firm and Two Accountants for Audit Failures
Posted by on 12/17/2014 at 5:20 PM

The Securities and Exchange Commission today imposed sanctions against a Hong Kong-based audit firm and two accountants for failing to properly audit year-end financial statements of a company that the SEC has charged with fraud. An SEC investigation found that Baker Tilly Hong Kong […]

SEC Announces Charges in Alleged Gold Mining Investment Scheme
Posted by on 12/16/2014 at 8:40 PM

The Securities and Exchange Commission today announced charges against two individuals and their companies behind an alleged gold mining investment scheme based in Miami. The SEC Enforcement Division alleges that Michael Crow and Alexandre Clug promised investors a stake in so-called […]

SEC Announces Charges Against Owner of Equity Research Firm Accused of Manipulative Trading
Posted by on 12/16/2014 at 4:05 PM

The Securities and Exchange Commission today announced charges against a Phoenix-based equity research firm owner who allegedly manipulated the market for a publicly traded stock he was soliciting investors to purchase. The SEC Enforcement Division alleges that after a company hired his […]

SEC Charges New Orleans-Based Energy Company and Executives With Fraudulent Stock Manipulation
Posted by on 12/15/2014 at 7:10 PM

The Securities and Exchange Commission today charged a New Orleans-based oil-and-gas company and five executives with running a stock trading scheme in which they claimed to have struck oil in Belize in order to manipulate the price of the company’s stock as they illegally sold restricted […]

SEC Charges Massachusetts-Based Scientific Instruments Manufacturer with FCPA Violations
Posted by on 12/15/2014 at 6:15 PM

The Securities and Exchange Commission today charged a Billerica, Mass.-based global manufacturer of scientific instruments with violating the Foreign Corrupt Practices Act (FCPA) by providing non-business related travel and improper payments to various Chinese government officials in an effort to […]

SEC Charges Manhattan-Based Attorney With Conducting Ponzi Scheme
Posted by on 12/12/2014 at 7:00 PM

The Securities and Exchange Commission today charged a Manhattan-based attorney with conducting a Ponzi scheme that defrauded some of his legal clients as well as close family members and friends. The SEC alleges that Charles A. Bennett raised approximately $5 million by selling purported […]

SEC Files Securities Fraud Charges Against Owner of Home Restoration Business in Upstate New York
Posted by on 12/12/2014 at 4:50 PM

The Securities and Exchange Commission today announced securities fraud charges against the owner of a home restoration business in upstate New York who sold unsecured notes to investors to finance his real estate operations. The SEC alleges that David Fleet misrepresented or failed to […]

SEC Announces Agenda for Meeting of the Advisory Committee on Small and Emerging Companies
Posted by on 12/11/2014 at 6:15 PM

table { border:none; } The Securities and Exchange Commission today announced the agenda for the December 17 meeting of its Advisory Committee on Small and Emerging Companies.  The meeting will focus on the definition of “accredited investor.”  Under the federal […]

SEC Names Karol Pollock to Lead Exam Program in Los Angeles Office
Posted by on 12/10/2014 at 7:30 PM

The Securities and Exchange Commission today announced that Karol L.K. Pollock has been named the new leader of the examination program in the Los Angeles Regional Office. Ms. Pollock has nearly 25 years of experience in securities enforcement and examination regulation at the SEC, FINRA, […]

SEC Announces Fraud Charges Against Buffalo-Based Firm and Co-Owners Accused of Misleading Investors in Hedge Fund
Posted by on 12/10/2014 at 6:30 PM

The Securities and Exchange Commission today announced fraud charges against a Buffalo, N.Y.-based investment advisory firm and two co-owners accused of making false and misleading statements to clients when recommending investments in a risky hedge fund.  The hedge fund’s portfolio […]

SEC Penalizes Morgan Stanley for Violating Market Access Rule
Posted by on 12/10/2014 at 4:15 PM

The Securities and Exchange Commission today penalized Morgan Stanley & Co. LLC for violating the market access rule when it failed to uphold credit limits for a customer firm with a rogue trader who engaged in fraudulent trading of Apple stock. The market access rule requires […]