Securities Fraud

The SEC accuses CAN Capital, a merchant cash advance company for small business loans based in Kennesaw, Ga., of misrepresenting its treatment of <strong><a href="http://www.courthousenews.com/wp-content/uploads/2020/05/Securities-fraud.pdf">$191 million</a></strong> it raised from investors, in federal court.</p>

MANHATTAN — The SEC claims in a federal complaint that CAN Capital, a merchant cash-advance company for small business loans based in Kennesaw, Ga., misrepresented its treatment of $191 million it raised from investors.

Categories / Securities

Subscribe to our free newsletters

Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.