Max Infinity Venture Partners, Elder Fund Management, and JJRP United Corp named in SEC report

In a recent legal case, the Securities and Exchange Commission (SEC) filed a lawsuit against Max Infinity Management LLC and several other individuals. The case, officially known as Securities and Exchange Commission v. Max Infinity Management LLC, et al., No. 1:25-cv-00549, was filed in the Eastern District of New York on January 31, 2025. The SEC accused seven individuals of engaging in fraudulent activities related to securities trading, violating federal securities laws.

The SEC’s complaint alleges that Max Infinity Management LLC and the other defendants participated in a scheme to manipulate the market for a particular security. The defendants allegedly used various deceptive tactics to artificially inflate the price of the security, making it appear more valuable than it actually was. By engaging in this fraudulent behavior, the defendants were able to profit at the expense of unsuspecting investors.

According to the SEC, the defendants took coordinated actions to create a false appearance of trading activity in the security. This artificial activity misled investors into believing that there was genuine interest in the security, driving up its price. As a result, investors who purchased the security at inflated prices suffered financial losses when the scheme ultimately collapsed.

The SEC’s lawsuit seeks to hold the defendants accountable for their alleged misconduct. The agency is asking the court to impose civil penalties and order the defendants to disgorge any ill-gotten gains obtained through their fraudulent activities. In addition, the SEC is seeking to obtain permanent injunctions to prevent the defendants from further engaging in similar unlawful conduct in the future.

The SEC’s enforcement action underscores the agency’s commitment to protecting investors and maintaining the integrity of the securities markets. By holding individuals and entities accountable for securities fraud, the SEC aims to deter others from engaging in similar deceptive practices. The agency’s enforcement efforts play a crucial role in upholding the trust and confidence of investors in the financial markets.

Investors should be vigilant and exercise caution when considering investment opportunities. It is essential to conduct thorough research and due diligence before making any investment decisions. By staying informed and remaining cautious, investors can help protect themselves from falling victim to fraudulent schemes like the one alleged in the SEC’s lawsuit against Max Infinity Management LLC and its co-defendants.