The lawsuits at issue include an SEC enforcement action, filed July 3, 2023, naming Prakash as the sole defendant. The SEC alleges Prakash deprived investors of material information about Private View’s financial condition before, during, and after its public offering. The complaint details allegations that Prakash failed to accrue for and disclose over $20 million in liabilities, resulting in misleading SEC filings, including a December 23, 2020 Form S-4 Registration and Proxy Statement, a January 26, 2021 Amended Form S-4, a February 16, 2021 Prospectus/Proxy Statement, a March 12, 2021 8-K, and a May 17, 2021 10-Q.
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