Overview

• The regulator says investors in RoccaVerde Wellness Corp. lost their money after the shares were sold without proper qualification.
• In 2019 the company raised more than $192,000 without filing a required prospectus.
• RoccaVerde had retained finders to seek accredited investors before Griffiths joined as a director and later CEO.
• The settlement says Griffiths took insufficient steps to ensure compliance and that many referred investors were not accredited.
• He admitted misconduct before a hearing, cooperated with investigators, and expressed remorse, according to the agreement.