Source: United States Department of Justice Criminal Division
United States Attorney for the Southern District of New York, Jay Clayton, announced that CHRISTOPHER B. FERGUSON and BRIAN MCFADDEN pled guilty before U.S. District Judge Colleen McMahon to falsification of books, records, and accounts for causing the submission of falsified records from Edison Nation, Inc.—a publicly traded diversified consumer products business where FERGUSON was the CEO and chairman—in response to an inquiry from the Financial Industry Regulatory Authority (“FINRA”).