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This Week in Securities Litigation (Week of March 27, 2023)

Last week the Commission filed a series of cases tied to crypto assets and touting. A pending civil injunctive action was brought against Chinese…

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Ozy Media, Inc. et al. (Release No. LR-25670; Mar. 17, 2023)

Ozy Media, Inc. et al. (Release No. LR-25670; Mar. 17, 2023)
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In fraud case, embattled Ozy Media is a no show

NEW YORK (AP) Ozy Media billed itself as “the New and the Next” as its charismatic cofounder, former MSNBC and CNN host Carlos Watson, attracted millions of dollars from investors on a promise to attract young, sophisticated audiences.

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In fraud case, embattled Ozy Media is a no show | iNFOnews | Thompson-Okanagan's News Source

NEW YORK (AP) Ozy Media billed itself as “the New and the Next” as its charismatic cofounder, former MSNBC and CNN host Carlos Watson, attracted millions of dollars from investors on a promise to attract young, sophisticated audiences.

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Embattled Ozy Media a no show in fraud case

NEW YORK: Ozy Media billed itself as “the New and the Next” as its charismatic cofounder, former MSNBC and CNN host Carlos Watson, attracted millions of dollars from investors on a promise to attract young, sophisticated audiences. But on Wednesday, the once-buzzy company didn’t even have representation in court as it was arraigned on securities fraud and wire fraud charges.

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