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SEC sees $5M victory in case against Kik

On Wednesday, the U.S. Securities and Exchange Commission announced the end of its lawsuit against Kik Interactive. The Canadian messenger app fell afoul of the...

SEC wins historic securities lawsuit against Kik Interactive

Judge Alvin Hellerstein ruled that Kik offered and sold unregistered securities. Both parties should submit a proposed judgment for injunctive and monetary relief by October...

Court rules Kik’s 2017 ICO violated U.S. securities laws

U.S. District Judge Alvin Kellerstein has sided with the U.S. Securities and Exchange Commission (SEC), ruling that the Canadian technology firm Kik’s $100 million...