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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

Fee Rate Advisory #1 for Fiscal Year 2016
Posted by on 08/27/2015 at 4:45 PM

The Securities and Exchange Commission announced that in fiscal year 2016 the fees that public companies and other issuers pay to register their securities with the Commission will be set at $100.70 per million dollars. The securities laws require the Commission to make annual adjustments to the […]

SEC Charges Former Investment Bank Analyst and Two Others With Insider Trading in Advance of Client Deals
Posted by on 08/25/2015 at 5:45 PM

The Securities and Exchange Commission today charged a former investment bank analyst with illegally tipping his close friend with confidential information about clients involved in impending mergers and acquisitions of technology companies.  The SEC also charged his friend and another […]

SEC Announces Asset Freeze Against Alleged EB-5 Fraudster in Seattle Area
Posted by on 08/25/2015 at 3:05 PM

The Securities and Exchange Commission today announced an asset freeze obtained against a man in Bellevue, Wash., accused of defrauding Chinese investors seeking U.S. residency through the EB-5 Immigrant Investor Pilot Program by investing in his companies. The SEC alleges that Lobsang Dargey […]

Shelly Luisi Named Associate Director in the Division of Corporation Finance
Posted by on 08/19/2015 at 3:45 PM

The Securities and Exchange Commission today announced that Shelly Luisi has been named as an Associate Director in the Division of Corporation Finance.  She begins her new role in September. Ms. Luisi currently is a Senior Associate Chief Accountant in the SEC’s Office of the Chief […]

SEC Charges Citigroup Global Markets for Compliance and Surveillance Failures
Posted by on 08/19/2015 at 2:55 PM

The Securities and Exchange Commission today announced that Citigroup Global Markets has agreed to settle charges that it failed to enforce policies and procedures to prevent and detect securities transactions that could involve the misuse of material, nonpublic information.  The firm also […]

SEC Charges BNY Mellon With FCPA Violations
Posted by on 08/18/2015 at 3:50 PM

The Securities and Exchange Commission today announced that BNY Mellon has agreed to pay $14.8 million to settle charges that it violated the Foreign Corrupt Practices Act (FCPA) by providing valuable student internships to family members of foreign government officials affiliated with a Middle […]

SEC Names Shamoil T. Shipchandler as Regional Director of Fort Worth Office
Posted by on 08/18/2015 at 1:15 PM

The Securities and Exchange Commission today announced that Shamoil T. Shipchandler has been named Regional Director of its Fort Worth Regional Office.  He will join the agency in early October. Mr. Shipchandler is presently a partner in the law offices of Bracewell & Guiliani LLP in […]

Citigroup Affiliates to Pay $180 Million to Settle Hedge Fund Fraud Charges
Posted by on 08/17/2015 at 2:35 PM

The Securities and Exchange Commission today announced that two Citigroup affiliates have agreed to pay nearly $180 million to settle charges that they defrauded investors in two hedge funds by claiming they were safe, low-risk, and suitable for traditional bond investors.  The funds later […]

Three Maryland Men Settle Charges They Defrauded Investors in Real Estate Investment Company
Posted by on 08/13/2015 at 3:30 PM

The Securities and Exchange Commission today announced that three Maryland men have agreed to settle charges that they defrauded investors in a company that owns and operates residential and commercial real estate.  Boston-based Signator Investors Inc. and one of its supervisors agreed to […]

Edward Jones to Pay $20 Million for Overcharging Retail Customers in Municipal Bond Underwritings
Posted by on 08/13/2015 at 1:05 PM

The Securities and Exchange Commission today announced that St. Louis-based brokerage firm Edward Jones and the former head of its municipal underwriting desk have agreed to settle charges that they overcharged customers in new municipal bonds sales.  It’s the SEC’s first case […]

SEC Charges Former Software Executive With FCPA Violations
Posted by on 08/12/2015 at 7:45 PM

The Securities and Exchange Commission today announced that a former executive at a worldwide software manufacturer has agreed to settle charges that he violated the Foreign Corrupt Practices Act (FCPA) by bribing Panamanian government officials through an intermediary to procure software license […]

SEC Charges ITG With Operating Secret Trading Desk and Misusing Dark Pool Subscriber Trading Information
Posted by on 08/12/2015 at 1:00 PM

The Securities and Exchange Commission today announced that ITG Inc. and its affiliate AlterNet Securities have agreed to pay $20.3 million to settle charges that they operated a secret trading desk and misused the confidential trading information of dark pool subscribers. An SEC investigation […]

SEC Charges 32 Defendants in Scheme to Trade on Hacked News Releases
Posted by on 08/11/2015 at 3:30 PM

The Securities and Exchange Commission today announced fraud charges against 32 defendants for taking part in a scheme to profit from stolen nonpublic information about corporate earnings announcements.  Those charged include two Ukrainian men who allegedly hacked into newswire services to […]

Guggenheim Partners Investment Management LLC Settles Charges it Failed to Disclose Conflict to Clients
Posted by on 08/10/2015 at 4:10 PM

The Securities and Exchange Commission today announced that Guggenheim Partners Investment Management LLC has agreed to settle charges it breached its fiduciary duty by failing to disclose a $50 million loan that one of its senior executives received from an advisory client.    Santa […]

Miller Energy Resources, Former CFO, Current COO Charged With Accounting Fraud
Posted by on 08/06/2015 at 2:00 PM

The Securities and Exchange Commission today announced charges alleging that Miller Energy Resources Inc., its former chief financial officer, and its current chief operating officer inflated values of oil and gas properties, resulting in fraudulent financial reports for the Tennessee-based […]

SEC Adopts Rule for Pay Ratio Disclosure
Posted by on 08/05/2015 at 7:17 PM

The Securities and Exchange Commission today adopted a final rule that requires a public company to disclose the ratio of the compensation of its chief executive officer (CEO) to the median compensation of its employees.  The new rule, mandated by the Dodd-Frank Wall Street Reform and Consumer […]

SEC Adopts Registration Rules for Security-Based Swap Dealers and Major Security-Based Swap Participants
Posted by on 08/05/2015 at 7:15 PM

The Securities and Exchange Commission today adopted new rules to provide a comprehensive, efficient process for security-based swap dealers and major security-based swap participants to register with the SEC.  The new rules mark a significant milestone in the SEC’s final implementation […]

SEC Charges Houston-Area Businessman in Ponzi Scheme
Posted by on 08/03/2015 at 6:25 PM

The Securities and Exchange Commission today charged a Houston-area businessman with operating a $114 million Ponzi scheme that defrauded investors, some of whom were told that their money would fund technology to prevent accidents caused by drowsy driving. The SEC’s case filed in federal […]

SEC Charges Man With Microcap Fraud Involving Shares of Cynk Technology Corp.
Posted by on 07/31/2015 at 8:30 PM

The Securities and Exchange Commission today charged a Canadian citizen with conducting a scheme to conceal his control and ownership of a microcap company whose price quickly spiked last year.  The SEC suspended trading in the stock, Cynk Technology Corp., before the alleged schemer, Phillip […]

SEC Charges Operators of Fraud Based in Upstate New York
Posted by on 07/30/2015 at 3:30 PM

The Securities and Exchange Commission today charged two men and eight companies with defrauding investors, many of them upstate New York residents, who purchased the companies’ securities and so-called “charitable gift annuities.”  According to the SEC’s complaint […]