2024-09-23 sec-litreleases litigation_release 65 KB 1,886 chars

SEC v. Anthem Hayek Blanchard; and Anthem Holdings Company, No. LR-26121, District of Kansas (Sept. 23, 2024) — Press Release

raw: Anthem Hayek Blanchard and Anthem Holdings Company

Anthem Hayek Blanchard and Anthem Holdings Company, No. 2:24-cv-02437 (Sept. 23, 2024)

Caption
Jones v. Becton Dickinson Incorporated
Source PDF JSON
summary

Anthem Hayek Blanchard and Anthem Holdings Company were charged by the SEC for defrauding investors of over $5 million through misleading securities offerings.

paragraph

Anthem Hayek Blanchard and his company, Anthem Holdings Company, are charged with violating antifraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. The defendants allegedly misled investors to raise $5 million in a Series A equity offering and over $200,000 in a Pre-Series B convertible note offering. The SEC is seeking injunctive relief, civil monetary penalties, and an officer-and-director bar against Blanchard.

narrative

The SEC has charged Anthem Hayek Blanchard and his Oklahoma-based company, Anthem Holdings Company, with defrauding investors of more than $5 million. Between September 2020 and July 2022, the defendants made false and misleading statements regarding financial projections, business development pipelines, and investment commitments. These misstatements allowed the company to raise $5 million from approximately 200 investors in a Series A equity offering and over $200,000 through a Pre-Series B convertible note offering. The complaint, filed in the U.S. District Court for the District of Kansas, alleges violations of the Securities Act of 1933 and the Securities Exchange Act of 1934. The SEC is seeking injunctive relief and civil monetary penalties against both defendants. Additionally, the commission is pursuing an officer-and-director bar against Blanchard.

Enriched metadata

Scheme
pre-ipo-fraud (95%)
Court
District of Kansas
Case No.
2:24-cv-02437
Victim loss
$200,000
Victims
200
Entity
Anthem Holdings Company
CIK
0001830762
Classified pre-ipo-fraud(confidence 95%). EDGAR detection: forms S-1/Form D/1-A· recall 72% / precision 8%. detection rule →
Statutes
Section 17(a) of the Securities ActSection 10(b) of the Securities Exchange ActRule 10b-5
Parties
JonesBecton Dickinson Incorporated
Keywords
anthem holdingsanthemblanchard anthemblanchardholdingsanthem hayekhayek blanchardholdings companysecurities exchangesecuritiesexchange commissioncompanyhayekexchangeinvestors

Exhibits & Attached Documents (1)

Extracted insights

Dollar amounts 3
  • $5.00M $5 Million $1M–$10M
  • $5.00M $5 million $1M–$10M
  • $200K $200,000 $100K–$1M
Entities 5
  • company anthem hayek blanchard and anthem holdings
  • company anthem holdings
  • agency sec's complaint
  • agency sec's investigation
  • agency Securities and Exchange Commission
Triples 10
  • Securities And Exchange Commission charged Anthem Holdings Company and Anthem Hayek Blanchard with defrauding investors of over $5 million in two securities offerings
  • Anthem Hayek Blanchard and Anthem Holdings made false and misleading statements to prospective investors about Anthem Holdings' financial projections, business development pipeline, and investment commitments
  • Anthem Holdings raised $5 million from approximately 200 investors in a Series a equity offering
  • Anthem Holdings raised over $200,000 from two investors in a Pre-Series B convertible note offering
  • SEC's Complaint charges Anthem Hayek Blanchard and Anthem Holdings with violating the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5
  • Complaint seeks injunctive relief and civil monetary penalties from Anthem Hayek Blanchard and Anthem Holdings, and an officer-and-director bar against Anthem Hayek Blanchard
  • SEC's Investigation was conducted by Jason Spitalnick and Jacqueline Moessner
  • SEC's Investigation was supervised by Mary Brady, Nicholas Heinke, and Jason Burt
  • Litigation will be handled by Jason Spitalnick and Sharan Lieberman
  • Litigation was supervised by Gregory Kasper, Nicholas Heinke, and Jason Burt
PDF (from attached: complaint)
SEC v. ANTHEM HAYEK BLANCHARD and ANTHEM · Source
Text layers
Extracted body text (1,886c) 
U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 26121 / September 23, 2024 Securities and Exchange Commission v. Anthem Hayek Blanchard and Anthem Holdings Company, Civil Action No. 2:24-cv-02437 (D. Kan. filed Sept. 23, 2024) SEC Charges Oklahoma Resident and Company in $5 Million Securities Fraud The Securities and Exchange Commission today charged Oklahoma-based Anthem Holdings Company and its founder and CEO Anthem Hayek Blanchard with defrauding investors of over $5 million in two securities offerings. According to the SEC's complaint filed in the United States District Court for the District of Kansas, between September 2020 and July 2022, Blanchard and Anthem Holdings made false and misleading statements to prospective investors about Anthem Holdings' financial projections, business development pipeline, and investment commitments. The complaint alleges that, as a result of the fraudulent misstatements, Anthem Holdings raised $5 million from approximately 200 investors in a "Series A" equity offering and over $200,000 from two investors in a "Pre-Series B" convertible note offering. The SEC's complaint charges Blanchard and Anthem Holdings with violating the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The complaint seeks injunctive relief and civil monetary penalties from Blanchard and Anthem Holdings, and an officer-and-director bar against Blanchard. The SEC's investigation was conducted by Jason Spitalnick and Jacqueline Moessner, with assistance from Jeb Wildschut, Scott Gammel, and Nicholas Madsen, and supervised by Mary Brady, Nicholas Heinke, and Jason Burt, all of the Denver Regional Office. The litigation will be handled by Mr. Spitalnick and Sharan Lieberman and supervised by Gregory Kasper, Mr. Heinke, and Mr. Burt.
OCR text (1,886c · html-text · 99% conf) 
U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 26121 / September 23, 2024 Securities and Exchange Commission v. Anthem Hayek Blanchard and Anthem Holdings Company, Civil Action No. 2:24-cv-02437 (D. Kan. filed Sept. 23, 2024) SEC Charges Oklahoma Resident and Company in $5 Million Securities Fraud The Securities and Exchange Commission today charged Oklahoma-based Anthem Holdings Company and its founder and CEO Anthem Hayek Blanchard with defrauding investors of over $5 million in two securities offerings. According to the SEC's complaint filed in the United States District Court for the District of Kansas, between September 2020 and July 2022, Blanchard and Anthem Holdings made false and misleading statements to prospective investors about Anthem Holdings' financial projections, business development pipeline, and investment commitments. The complaint alleges that, as a result of the fraudulent misstatements, Anthem Holdings raised $5 million from approximately 200 investors in a "Series A" equity offering and over $200,000 from two investors in a "Pre-Series B" convertible note offering. The SEC's complaint charges Blanchard and Anthem Holdings with violating the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The complaint seeks injunctive relief and civil monetary penalties from Blanchard and Anthem Holdings, and an officer-and-director bar against Blanchard. The SEC's investigation was conducted by Jason Spitalnick and Jacqueline Moessner, with assistance from Jeb Wildschut, Scott Gammel, and Nicholas Madsen, and supervised by Mary Brady, Nicholas Heinke, and Jason Burt, all of the Denver Regional Office. The litigation will be handled by Mr. Spitalnick and Sharan Lieberman and supervised by Gregory Kasper, Mr. Heinke, and Mr. Burt.

Related documents (1)