A former Murrieta lawyer agreed to a $41,000 payment to the Securities and Exchange Commission to end the commission’s lawsuit alleging she committed securities fraud.
The SEC alleged Jillian Sidoti, formerly of Trowbridge & Sidoti LLP, had misrepresented a shell company. while serving as the company’s counsel, to generate proceeds of $7.2 million in 5.2 million fraudulent penny stock sales.
Sidoti denied the charges, and she does not admit guilt to the SEC’s allegations in the judgment she agreed to. She has not returned Follow Our Courts’ request for comment.
The former attorney will pay $14,000, which would equal the
