Nanotech Engineering – Complaint Filed by SEC | Goodman & Nekvasil P.A. May Recover Investor Losses
According to the SEC Allegations
As set forth below, convicted securities fraudster Michael James Sweaney (“Michael Sweaney”) and the other Defendants are engaged in an ongoing fraudulent offering of the securities of Nanotech Engineering, Inc. (“Nanotech”) Over the last two ,years, the Defendants and others have solicited more than $9.4 million in investments from more than one hundred people through deceptive acts, including misrepresenting and omitting material facts in filings with the SEC and in private placement memoranda (“PPM(s)”). The Defendants’ deceptive conduct has concealed from investors not only Michael Sweaney’s prior criminal conviction, but also the misappropriation of more than $2.4 million in investor funds by the Defendants —including the Defendants’ purchases of a yacht, several sports cars, and cosmetic surgery.
Starting on approximately September 15, 2017 and continuing through the present, Defendant Michael Sweaney, masquerading under the pseudonym “Michael Hatton,” served as Chief Financial Officer of Nanotech, while his nephew, Defendant David Sweaney, served as Chief Executive Officer, and Defendant Jeffery Gange (“Gange”) served as Chief Operations Officer. During this time, Nanotech employees were pressured to, and did, cold-call potential investors from Alaska to Florida, many of whom purchased Nanotech shares.
Investors in Nanotech Engineering May Recover their Losses with Goodman & Nekvasil, P.A.
If you invested in Nanotech Engineering, Goodman & Nekvasil, P.A. may help you. Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, has recovered more than $180 million dollars on behalf of victimized investors.
All our cases are handled on a purely contingency fee basis by Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA. Kalju Nekvasil, Esq. has practiced in this area of the law for more than 35 years.
There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
If you incurred investment losses in Nanotech Engineering and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
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