Cases

When small entrepreneurs and investors run afoul of the SEC, often unwittingly, recourse is limited. Most cannot afford the legal counsel to challenge a ruling and fight back against an agency with almost unlimited resources. As a result, the SEC currently enjoys an astonishing 98% settlement rate, a number which represents countless lives and businesses ruined and opportunities lost.

With each settlement, the power and dominion of the SEC grows, uncontested. So too does the uncertainty and risk that stifles market innovation and investor choice.

ICAN exists to build a precedent-based legal barrier to halt such SEC overreach. To ensure that the agency’s efforts to expand its domain do not advance uncontested. To ensure small entrepreneurs and investors have the opportunity to push back, not just for themselves, but for the next person who may unwittingly get caught in the SEC’s ever-expanding dragnet of regulation through enforcement.

Read about our clients' cases below.

ICAN Challenges FINRA on behalf of Entrex Shareholders

The SEC failed to act while FINRA kept Entrex Carbon Market in a 15-month regulatory limbo by refusing to process routine corporate actions, preventing the company from legally operating under its registered name and confusing the market.