Loral Langemeier and Live Out Loud, Inc. under investigation by SEC

A recent legal case titled Securities and Exchange Commission v. Loral L. Langemeier and Live Out Loud, Inc. has been making headlines. Filed on June 15, 2022, in the District of Nevada, this case involves allegations of securities fraud against Loral L. Langemeier and her company, Live Out Loud, Inc.

The Securities and Exchange Commission (SEC) has accused Langemeier and Live Out Loud, Inc. of engaging in fraudulent activities related to the sale of securities. According to the complaint filed by the SEC, Langemeier and her company misled investors by making false statements and omitting important information about the investments being offered.

The SEC alleges that Langemeier and Live Out Loud, Inc. promised investors high returns with little to no risk, using deceptive marketing tactics to lure in unsuspecting individuals. These false promises allegedly resulted in investors losing substantial amounts of money.

In addition to the allegations of securities fraud, the SEC also claims that Langemeier and her company operated as unregistered brokers, violating federal securities laws. The complaint further alleges that Langemeier and Live Out Loud, Inc. misappropriated investor funds for personal use, rather than using the money for its intended investment purposes.

The SEC is seeking various forms of relief in this case, including injunctions to prevent Langemeier and Live Out Loud, Inc. from further engaging in fraudulent activities, disgorgement of ill-gotten gains, and civil penalties. The SEC’s enforcement action underscores the importance of transparency and honesty in the securities industry to protect investors from falling victim to fraudulent schemes.

This case serves as a reminder to investors to exercise caution and due diligence when considering investment opportunities. It is crucial for individuals to thoroughly research and understand any investment offering before committing their funds. Additionally, investors should be wary of promises of high returns with little risk, as these can often be red flags for potential fraud.

The outcome of Securities and Exchange Commission v. Loral L. Langemeier and Live Out Loud, Inc. remains to be seen as the legal proceedings continue. However, this case highlights the SEC’s commitment to holding individuals and companies accountable for securities fraud and misconduct. Ultimately, it is essential for investors to remain vigilant and informed to protect themselves from falling victim to fraudulent schemes in the complex world of securities investments.