SEC v. Anthem Blanchard; Anthem Holdings Company — U.S. Securities and Exchange Commission Litigation Release No. 26601, dated August 6, 2026.
The SEC settled a case against Anthem Blanchard and Anthem Holdings Company for allegedly orchestrating a $5 million securities fraud. The defendants made false and misleading statements about the company's financial projections and business prospects to attract investors. They have consented to permanent injunctions, a ten-year ban from issuing securities, and significant civil penalties.
Imagine a company promised investors it was doing great, showing them fake numbers about future success and big deals. Based on these promises, about 200 people invested $5 million, thinking their money was safe. The company also took over $200,000 from two other investors. Now, the company and its owner have agreed to stop doing this and pay penalties.
Disclaimer: all facts are drawn from the SEC's own filings; the claims described are allegations unless and until a court rules or the parties settle, and some cases end in dismissal.
SEC Settles Litigation with Oklahoma Resident and Company Charged in Alleged $5 Million Securities Fraud. On July 31, 2026, the Securities and Exchange Commission filed consents and proposed final judgments as to defendants Anthem Blanchard and Anthem Holdings Company, whom the SEC previously charged with orchestrating an alleged $5 million securities fraud. The SEC’s complaint, filed on September 23, 2024, in the U.S. District Court for the District of Kansas, alleged that between September 2020 and July 2022, Blanchard and Anthem Holdings made false and misleading statements to prospective investors about Anthem Holdings' financial projections, business development pipeline, and investment commitments. The complaint alleged that, based on the fraudulent misstatements, Anthem Holdings raised $5 million from approximately 200 investors in a "Series A" equity offering and over $200,000 from two investors in a "Pre-Series B" convertible note offering. Without admitting the allegations in the SEC’s complaint, Blanchard and Anthem Holdings consented to the entry of final judgments, subject to court approval, in which they agreed to be permanently enjoined from violating Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder; to be enjoined from participating in the issuance, purchase, offer, or sale of any security for a period of ten years; and to pay a civil penalty in the amount of $236,451 for Blanchard and $1,000,000 for Anthem Holdings.
Named in this action: Anthem Blanchard, Anthem Holdings Company.