SEC v. J. Jeremy Barbera, et. al. (2024)
Judgment entered
Checked against the primary document on October 2, 2026. The library's summary, tags and figures for this record were compared with the regulator's own document by an AI model (Claude) following written instructions, with sampled and disputed records read a second time. No lawyer has reviewed them. A checked record can still contain errors, and checked does not mean endorsed. See how we check records or report a correction.
In 2024, the Securities and Exchange Commission published a release announcing it had obtained a consent judgment against promoter Carl Smith for misrepresentations to investors in a private raise. This library does not tag the matter with a manipulation technique. The release records a civil penalty of $100,000, disgorgement of $173,875.
The record
| Agency | SEC |
|---|---|
| Release number | LR-25927 |
| Date filed | 2024-01-18 |
| Date resolved | 2024-01-18 |
| Court | U.S. District Court, Southern District of New York |
| Status | judgment |
| Criminal parallel | No |
| Defendants | J. Jeremy Barbera, et. al. |
| Cited as charged or alleged | Exchange Act s.10(b) and Rule 10b-5 ; Securities Act s.17(a) |
| Techniques |
What was ordered
- Civil penalty
- $100k
- Disgorgement
- $174k
- Prejudgment interest
- $23.5k
- Total relief
- $297k
- Alleged gain
- —
What is alleged to have happened
the Securities and Exchange Commission announced this matter on January 18, 2024 as release LR-25927. The respondents named are J. Jeremy Barbera, et. al. (1 individual, 0 entities). The action was brought in the U.S. District Court, Southern District of New York.
The release reports a consent judgment against the promoter: a $100,000 penalty, $173,875 in disgorgement and $23,471 in interest, for misrepresentations to investors raising funds. No paid publicity is alleged, so the paid-promotion tag has been removed.
This library does not tag the matter with a manipulation technique, because the document does not describe one. The tagging is ours, not the regulator's.
The relief recorded in our data is a civil penalty of $100,000, disgorgement of $173,875. Penalty and disgorgement are distinct: disgorgement returns the gain, while the penalty is punitive. We store them separately so that aggregate figures across the library are not double-counted.
For the regulator's own account of the facts, read the primary document linked above. This page deliberately summarises the structured record rather than reproducing the release.
Timeline
- 2024-01-18 Litigation release published
Primary documents
Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.