Florida businessman agrees to proposed judgment in $27 million 'lucrative market manipulation,' SEC filing says

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Florida businessman agrees to proposed judgment in $27 million 'lucrative market manipulation,' SEC filing says.

, there is a parallel criminal investigation by the U.S. Attorney's office in San Francisco that may include O'Rourke. No other details are publicly known.

The proposed judgments Honig and others in the case signed say, "... this Consent resolves only the claims asserted against the Defendant in this civil proceeding. Defendant acknowledges that no promise or representations have been made by the Commission ... with regard to criminal liability that may have arisen or may arise from the facts underlying this action ...," according to court documents.

O'Rourke declined an interview for the original investigation but agreed to answer questions by email. One of CNBC's first questions was whether he worked in the same office as Honig, which could raise eyebrows.

 

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