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David P. Ortiz and DaveGlo Investment Group, Inc.
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CLASS ACTION JX-SEC-LR-26549Opened AUG 21 2026Quick look

David P. Ortiz and DaveGlo Investment Group, Inc.

Where this class action stands
Stage 5 of 7 · Filed
organizing · next rung: Resolved
§ Right of reply

No reply on file from David P. Ortiz and DaveGlo Investment Group, Inc. on this matter.

Claims entered

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AUG 21 '26EventDavid P. Ortiz and DaveGlo Investment Group, Inc.
Docket event

Opened at stage filed

Entered on the record AUG 21 2026Occurred AUG 21 2026
On the record
Crime

No crime on the record yet.

Statutes

No statutes on the record yet.

Place
California

"Cal. filed Sept. 11, 2025) SEC Obtains Final Judgment as to Investment Adviser and his Entity in Alleged Unregistered Oil and Gas Offerings On April 27, 2026, the United States District Court for the Central District of California entered final judgments as to David P."

Status
Charged

"Ortiz and his entity DaveGlo Investment Group, Inc., whom the SEC previously charged with selling securities in unregistered oil and gas offerings, acting as unregistered brokers, and, as to Ortiz, failing to disclose financial conflicts of interest to advisory clients."

Case 2:25-cv-08610

"Ortiz and DaveGlo Investment Group, Inc. , No. 2:25-cv-08610 (C.D."

Parties

No parties on the record yet.

Amounts
$50,000 Penalty

"In addition, the final judgments ordered Ortiz and DaveGlo, jointly and severally, to pay disgorgement of $816,934 and prejudgment interest of $170,194, and ordered Ortiz to pay a $50,000 civil penalty."

$170,194 Penalty

"In addition, the final judgments ordered Ortiz and DaveGlo, jointly and severally, to pay disgorgement of $816,934 and prejudgment interest of $170,194, and ordered Ortiz to pay a $50,000 civil penalty."