The Securities and Exchange Commission today announced litigated charges against Joecool.com, LLC and its CEO, Joseph Ariel Haber, for alleged misappropriation and misuse of investor funds, as well as false and misleading statements to investors. There are also charges against recidivist securities law violator Robert Tye Cournoyer for his alleged false and misleading statements to investors and for acting as an unregistered broker.
The SEC’s complaint, filed in federal district court in Nevada, Case No. 25-cv-00076, alleges that between at least November 2019 and February 2024, Joecool raised approximately $2 million from investors through an unregistered securities offering by representing that investor funds would be used to produce, package, promote, and sell various CBD-infused coffee products. The SEC requested “a trial by jury on all claims so triable.” Continue reading
Michigan Governor Gretchen Whitmer Defends Auto Industry
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Governor Gretchen Whitmer delivered her “Road Ahead Address” at the Detroit Auto Show today. Whitmer outlined her administration’s approach to saving Michigan’s auto industry and expanding the economy by creating good-paying jobs, “fixing the damn roads,” and building relationships with neighbors. Each of these priorities expand on the work the Whitmer-Gilchrist administration has accomplished during the past six years since it was elected in 2018.
“To grow Michigan’s economy and fight for the auto industry, I’ll work with anyone who’s serious about solving problems in Lansing or DC,” said Governor Whitmer. “Right now, there’s an ongoing, global competition between Michigan, China, and other states to build the future of the auto industry. To make sure we win, we need commonsense, bipartisan tools that create good-paying jobs and bring supply chains home. We must also find a fiscally responsible, sustainable solution to fix the damn roads work with our Canadian neighbors to ensure tariffs don’t lead to higher costs for families and businesses. Together, let’s create Michigan jobs, fix Michigan roads, and grow Michigan’s economy. The road ahead is bright, so let’s roll up our sleeves and get to work.” Continue reading →