Voorhees Allegedly Attempts to Solicit Sales Over the Internet Without Notifying SEC
Voorhees, an investment professional in the United States, was accused of soliciting sales for the offerings of unregistered corporations FeedZeBirds and SatoshiDICE without notifying the Securities and Exchange Commission, as per the SEC report.
Voorhees supposedly published FeedZeBirds and SatoshiDICE prospectuses, made publicly available on the Internet, according to the SEC report. These prospectuses were never report to and filed with the SEC as per SEC regulations. Voorhees also made many solicitations to help sell FeedZeBirds shares over the Internet. Voorhees therefore allegedly violated the Securities Act, which bans the direct or indirect sale of securities, the buying or selling of securities through the mails, or interstate commerce unless a registration statement has been filed or is in effect.
Investors who believe they lost money as a result of their investment with Vorhees may contact the securities lawyers at Peiffer Rosca, Jason Kane or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at (585) 310-5140.