SEC accuses ex-CEO of NewAge, which shot to pot-stock fame, of ‘multi-year fraud’

SEC accuses ex-CEO of NewAge, which shot to pot-stock fame, of ‘multi-year fraud’

The Securities and Exchange Commission has filed charges against former NewAge Inc. Chief Executive Brent David Willis, accusing him of a “multi-year fraud” that included misleading public statements meant to promote the wellness-focused beverage maker that once hoped to take advantage of the nation’s CBD craze. The SEC alleged that Willis’ statements created the “illusion”…