Attention Purchasers of
Sport Endurance, Inc. (“SENZ”) stock between June 2010 and December 2010 and
FrogAds, Inc. (“FROG”) stock between December 2011 and October 2012 :
Charges have been filed against Regis Possino, Grover Henry Colin Nix IV (“Colin Nix”), Tarun Mendiratta, Edon Moyal, Mark Harris, Julian Spitari, William Mackey, and Joseph Scarpello in the U.S. District Court for the Central District of California for their alleged involvement in a pump-and-dump scheme to manipulate artificially the price and trading volume of Sport Endurance and FrogAds stock. Sport Endurance (ticker symbol “SENZ”) and FrogAds (ticker symbol “FROG”) were traded in the over-the counter market through listings on the Over the Counter Bulletin Board, an inter-dealer electronic quotation and trading system. The indictment charges these defendants with, among other offenses, conspiracy to commit securities fraud and wire fraud, as well as securities fraud and wire fraud, in connection with the scheme to manipulate the stocks of Sport Endurance and FrogAds.
Various of the defendants have pled guilty to conspiring to manipulate Sport Endurance and/or FrogAds stock. If you lost money from the purchase or sale of Sport Endurance stock between June 2010 and December 2010, or from the purchase or sale of FrogAds stock between December 2011 and October 2012, you may be entitled to restitution from the defendants. Additionally, if you were a victim of these offenses, you may also submit information to the Court in connection with the sentencing for any of these defendants.
If you would like to submit a claim for restitution or submit written information to the Court in connection with the sentencing for any defendant, or would otherwise like to receive notice of future developments in the case, please contact the Victim/Witness Unit at the United States Attorney’s Office for the Central District of California at telephone number 1-888-228-0315, send an email to the Victim/Witness Unit at Katherine.firstname.lastname@example.org , or write to the Victim/Witness Unit at 312 North Spring Street, Suite 1700, Los Angeles, California 90012. In order to submit a claim for restitution, you will need to submit information to the Victim/Witness Coordinator by no later than September 23, 2015.