US EditionDrink Co. Founder to Pay SEC $1.1M to Settle Claims Over Faux Rihanna Deal - USA Herald
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Drink Co. Founder to Pay SEC $1.1M to Settle Claims Over Faux Rihanna Deal - USA Herald
A beverage company, The3rdBevco Inc., and its founder, Peter Scalise III, have agreed to pay over $1.1 million to the U.S. Securities and Exchange Commission (SEC) to resolve allegations of investor fund misuse and false claims of a partnership with pop icon Rihanna. In a judgment issued Monday by U.S. District Judge Wendy Beetlestone in
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