SEC Charges Nova Labs: Unregistered Securities and Investor Misleading Claims Revealed
SEC charged Nova Labs of unregistered securities offerings and misleading investors with promises of financial rewards from “Hotspots” and a “Discovery Mapping Program.” The Securities and Exchange Commission has accused Nova Labs of engaging in unregistered securities offerings and making misleading statements regarding business agreements in order to deceive investors. According to the SEC’s complaint, Nova Labs has been selling unregistered investment contracts since April 2019 through two pr