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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.

Paul Dudek, Chief of Office of International Corporate Finance, to Leave Agency
Posted by on 06/29/2016 at 4:15 PM

The Securities and Exchange Commission today announced that Paul Dudek, Chief of the Office of International Corporate Finance in the Division of Corporation Finance, is leaving the agency at the end of the month.  Mr. Dudek has headed the Office of International Corporate Finance for more […]

C. Dabney O’Riordan Named as Co-Chief of the Asset Management Unit
Posted by on 06/28/2016 at 6:30 PM

The Securities and Exchange Commission today announced that C. Dabney O’Riordan has been named co-chief of the Division of Enforcement’s Asset Management Unit, a national specialized unit that focuses on misconduct by investment advisers, investment companies, and private […]

SEC Proposes Rule Requiring Investment Advisers to Adopt Business Continuity and Transition Plans
Posted by on 06/28/2016 at 6:00 PM

The Securities and Exchange Commission today proposed a new rule that would require registered investment advisers to adopt and implement written business continuity and transition plans.  The proposed rule is designed to ensure that investment advisers have plans in place to address […]

SEC Adopts Rules for Resource Extraction Issuers Under Dodd-Frank Act
Posted by on 06/27/2016 at 9:15 PM

The Securities and Exchange Commission today announced it adopted rules to require resource extraction issuers to disclose payments made to governments for the commercial development of oil, natural gas or minerals.  The rules, mandated by the Dodd-Frank Wall Street Reform and Consumer […]

SEC Proposes Amendments to Smaller Reporting Company Definition
Posted by on 06/27/2016 at 8:30 PM

The Securities and Exchange Commission voted today to propose amendments that would increase the financial thresholds in the “smaller reporting company” definition.  The proposal to update the definition would expand the number of companies that qualify as smaller reporting […]

SEC Charges “Frack Master” With Running an $80 Million Oil and Gas Fraud
Posted by on 06/24/2016 at 2:30 PM

The Securities and Exchange Commission today charged four companies and eight individuals in an $80 million oil and gas fraud orchestrated by a Dallas man who calls himself the “Frack Master” for his purported expertise in hydraulic fracturing.  The SEC charged Chris Faulkner […]

Merrill Lynch Paying $10 Million Penalty for Misleading Investors in Structured Notes
Posted by on 06/23/2016 at 2:09 PM

The Securities and Exchange Commission today announced that Merrill Lynch has agreed to pay a $10 million penalty to settle charges that it was responsible for misleading statements in offering materials provided to retail investors for structured notes linked to a proprietary volatility […]

Merrill Lynch to Pay $415 Million for Misusing Customer Cash and Putting Customer Securities at Risk
Posted by on 06/23/2016 at 2:08 PM

The Securities and Exchange Commission today announced that Merrill Lynch has agreed to pay $415 million and admit wrongdoing to settle charges that it misused customer cash to generate profits for the firm and failed to safeguard customer securities from the claims of its creditors. An SEC […]

SEC Sues UK-Based Trader for Account Intrusion Scheme
Posted by on 06/22/2016 at 9:35 PM

The Securities and Exchange Commission today announced it has obtained an emergency court order to freeze the assets of a United Kingdom resident charged with intruding into the online brokerage accounts of U.S. investors to make unauthorized stock trades that allowed him to profit on trades in his […]

SEC Charges Medical Device Manufacturer With FCPA Violations
Posted by on 06/21/2016 at 6:30 PM

The Securities and Exchange Commission today announced that Massachusetts-based medical device manufacturer Analogic Corp. and its wholly-owned Danish subsidiary have agreed to pay nearly $15 million to settle parallel civil and criminal actions involving Foreign Corrupt Practices Act (FCPA) […]

Former CEO of Chicago Charter School Operator Settles Muni-Bond Fraud Charges
Posted by on 06/21/2016 at 5:25 PM

The Securities and Exchange Commission today announced a settlement with Juan Rangel, the former President of UNO Charter School Network Inc. and former CEO of United Neighborhood Organization of Chicago, for his role in a misleading $37.5 million bond offering to build three charter schools. […]

SEC Halts Scheme Defrauding Pro Athletes
Posted by on 06/21/2016 at 4:45 PM

The Securities and Exchange Commission today announced that it has obtained a court order freezing the assets of an investment adviser it has charged with secretly siphoning millions of dollars from accounts he managed for professional athletes and investing them in a struggling online sports and […]

SEC Approves IEX Proposal to Launch National Exchange, Issues Interpretation on Automated Securities Prices
Posted by on 06/17/2016 at 11:26 PM

The Securities and Exchange Commission today approved Investors’ Exchange LLC’s (IEX) application to register as a national securities exchange.  At the same time, the Commission issued an updated interpretation that will require trading centers to honor automated securities prices […]

SEC Proposes Rules to Modernize Property Disclosures for Mining Registrants
Posted by on 06/16/2016 at 3:50 PM

The Securities and Exchange Commission today announced that it has proposed rules to modernize the disclosure requirements for mining properties by aligning them with current industry and global regulatory practices and standards.  The proposed revisions would update disclosure requirements […]

Software Executive and Three Friends Charged With Insider Trading
Posted by on 06/16/2016 at 3:35 PM

The Securities and Exchange Commission today announced insider trading charges against a former software company executive and three close friends who made more than a half-million dollars based on his illegal tip about an upcoming merger.   The SEC alleges that Christopher Salis, then a […]

Private Fund Administrator Charged With Gatekeeper Failures
Posted by on 06/16/2016 at 3:05 PM

The Securities and Exchange Commission today announced that a firm providing administrative services to private funds has agreed to pay more than $350,000 to settle charges that it failed to heed red flags and correct faulty accounting by two clients.   SEC investigations found that Apex […]

Hedge Fund Managers and Former Government Official Charged in $32 Million Insider Trading Scheme
Posted by on 06/15/2016 at 2:55 PM

The Securities and Exchange Commission today announced insider trading charges against two hedge fund managers and their source, a former government official accused of deceptively obtaining confidential information from the U.S. Food and Drug Administration (FDA).  A third hedge fund manager […]

SEC: Muni Advisors Acted Deceptively With California School Districts
Posted by on 06/13/2016 at 5:40 PM

The Securities and Exchange Commission today announced that two California-based municipal advisory firms and their executives have agreed to settle charges that they used deceptive practices when soliciting the business of five California school districts.   An SEC investigation found that […]

SEC to Permit Voluntary Filing Using Inline XBRL
Posted by on 06/13/2016 at 1:35 PM

The Securities and Exchange Commission today announced that it will allow companies to voluntarily file structured financial statement data in a format known as Inline XBRL.  This initiative represents another step in the SEC’s continuing efforts to modernize and enhance its requirements […]

Investment Fraud Victims Include Online Daters
Posted by on 06/10/2016 at 2:50 PM

The Securities and Exchange Commission today announced fraud charges and an asset freeze obtained against a Connecticut man accused of misleading people into investing in his company and then taking their money for his personal use.  His victims include several women he met through an online […]