SEC Charges Three Arizona Individuals With Fraudulent Municipal Bond Offering

On April 1, 2025, the Securities and Exchange Commission filed a complaint three individuals for allegedly defrauding investors in a $284 million municipal bond offering intended to finance a sports complex and family entertainment center in Mesa, Arizona (“Facility”). SEC v. Randall J. Miller, et al., No. 1:25-cv-01234 (S.D.N.Y. filed Apr. 1, 2025)....
By: A&O Shearman

A&O Shearman