Amended Complaint — SEC vs. Andrew Murstein & MFIN

The SEC's formal allegations against Medallion and Andrew Murstein, detailing two fraudulent schemes — illegal paid stock promotion and a deliberate inflation of Medallion Bank's reported value by hundreds of millions of dollars — that misled investors about the Company's true financial condition.

SEC Amended Complaint, SEC v. Medallion Financial Corp., et al., No. 1:21-cv-11125-LAK (S.D.N.Y.), Document 46 (filed April 26, 2022).