Something Shady? An Explainer Of The Latest Rumors Surrounding Arielle and Brandon Charnas
As stated in the application, Charnas has improperly asserted his Fifth Amendment privilege and failed to comply with the document production obligations of the subpoena. The SEC’s application seeks an order from the court directing Charnas to show cause why the court should not compel him to produce documents as required by the subpoena. The SEC is continuing its fact-finding investigation and, to date, has not concluded that any individual or entity has violated the federal securities laws.
Brandon Charnas
The Securities and Exchange Commission announced it filed an action against Brandon Charnas, a real estate broker based in New York and South Florida, seeking an order directing him to comply with an investigative subpoena for documents.
According to the SEC’s application, filed in U.S. District Court for the Southern District of Florida, the SEC is investigating possible insider trading violations in the securities of The ODP Corporation (“ODP”) d/b/a Office Depot in advance of an announcement on Monday, January 11, 2021, by USR Parent, Inc. d/b/a Staples of its offer to acquire ODP. According to the application, Charnas purchased ODP common stock and out-of-the-money call options a few weeks prior to the announcement, resulting in combined profits of at least $385,000. The application states that on December 23, 2020, surrounding communications with other traders in ODP, Charnas purchased out-of-the-money call options constituting approximately 90% of ODP’s overall call option trading volume that day.
As stated in the application, Charnas has improperly asserted his Fifth Amendment privilege and failed to comply with the document production obligations of the subpoena. The SEC’s application seeks an order from the court directing Charnas to show cause why the court should not compel him to produce documents as required by the subpoena. The SEC is continuing its fact-finding investigation and, to date, has not concluded that any individual or entity has violated the federal securities laws.
Something Shady? An Explainer Of The Latest Rumors Surrounding Arielle and Brandon Charnas
Something shady is going on with Something Navy – again.
Following the past few years of COVID sagas, controversial covers, and allegations of ripping off designs, influencer Arielle Charnas is once again trending on social media. But this time, her husband is the one at the center of all the drama.
According to the (thus far unfounded) rumors swirling on Reddit and Instagram, Brandon Charnas has been rather busy lately, between embezzling funds from his wife’s company (allegedly), having extramarital affairs (allegedly), and going on the run from his legal troubles (allegedly).
And while the rumor mill is claiming that the pair is now heading towards divorce, a spokesperson for the couple told us, “all of these rumors are fake. Arielle and Brandon are happily married, there was absolutely no embezzlement. This is all part of a disgusting, coordinated smear campaign attempting to damage Arielle and Brandon’s reputations and lives.”
As for what, exactly, has the internet in a Charnas gossip chokehold? Click through for a rundown of the (alleged) scandal everyone can’t stop talking about.
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