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Texas Atty Blamed ‘Brain Fart’ For False Statement, SEC Says

cannalegal by cannalegal
September 20, 2023
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Texas Atty Blamed ‘Brain Fart’ For False Statement, SEC Says
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By Emilie Ruscoe (September 19, 2023, 8:22 PM EDT) — The U.S. Securities and Alternate Fee has sued a Dallas firm making CBD inhalers and its lawyer CEO, alleging that they raised over $2 million on the power of “quite a few” falsehoods in regards to the firm and its operations and citing testimony wherein the CEO stated one of many alleged lies was attributable to a “mind fart.”…

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