Florida businessman agrees to proposed judgment in $27 million ‘lucrative market manipulation,’ SEC filing says

From cnbc.com

The Securities and Exchange Commission has filed a proposed judgment in its case against Florida businessman Barry Honig on Monday for a civil case involving allegations of manipulating three microcap stocks. The SEC also filed a proposed judgment against GRQ Consultants, a Florida corporation owned and operated by Honig, according to court documents released on Monday. Neither Honig nor GRQ admit or deny the SEC’s allegations, according to the proposed judgments. Honig signed both proposed judgments. In each, he agreed to civil penalties to be determined later, being barred from offering of penny stocks and owning ... (full story)