New Jersey’s Bureau of Securities directed Abra and its CEO Bill Barhydt to cease offering and selling unregistered securities to the state’s investors as well as to stop misrepresenting and failing to disclose material facts to investors in connection with the sale, according to a statement from Attorney General’s office.
- Bureau also assessed civil penalties of over $230,000 against Abra and related entities, and $50,000 against Barhydt
- NOTE: <-bsp-bb-link state="{"bbDocId":"RWBD40T0G1KW","_id":"00000188-c479-dc70-afa9-cd7d568f0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Abra Accused in Texas of Securities Fraud, Misleading Investors
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