PREMISES SAFETY AT AIRBNBS AND SHORT-TERM RENTALS: THE TANGLED WEB OF APPLICABLE CODES AND STANDARDS
GenesisAI Corp. and Archil Cheishvili, its former CEO and co-founder, have agreed to settlement terms that would permanently enjoin them from violating Section 17(a)(2) of the Exchange Act and require Cheishvili to pay a $50,000 disgorgement, $9,184.53 in prejudgment interest and a $50,000 civil penalty, the U.S. Securities and Exchange Commission stated.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.