The Securities and Exchange Commission has reported the fraud accusations in respect of the former president of Washington based investment consulting company SFX Financial Advisory Management Enterprises, which is totally owned by the Live Nation Entertainment and specializes on providing consulting and financial management services for currently working and former sportsmen.
The case will be heard on a public hearing by the administrative judge with the purpose to adjudicate the SFX and establish the remedial measures to be applied if any are required. The SEC investigation is being held by Payam Danialypour and C. Dabney O'Riordan, members of the Asset Management Unit in the Los Angeles. The litigation against Ourand will be held by Mr. Danialypour, Donald Searles, and Lynn Dean. See more details on SEC charges against SFX Financial Advisory Management Enterprises and its ex-president Brian J. Ourand following the link.
