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Violation Tracker Individual Record

Company: Medsis International, Inc.
Penalty: $15,871,200
Year: 2024
Date: January 16, 2024
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: The United States District Court for the District of Massachusetts entered a final judgment against start-up technology company Medsis International, Inc., ordering it to pay approximately $15,871,200 in disgorgement, prejudgment interest, and a civil penalty in a securities offering fraud action previously filed by the SEC in August 2021.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.