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777 Sourcing.

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777 Sourcing Journal

Industrial markets, manufacturing and procurement reporting.

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SEC Charges Meyer Global Management and Its CEO With Defrauding Retail Investors in Private Funds That Held Interests in SpaceX and Other Pre-IPO Securities

The Securities and Exchange Commission today charged private fund adviser Meyer Global Management LLC (MGM) and its CEO, Owen E.H. Meyer, with defrauding investors and MGM-managed funds in connection with investments in SpaceX and other pre-IPO…

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The U.S. Securities and Exchange Commission charged Meyer Global Management LLC (MGM) and Owen E.H. Meyer, according to a Sept. 30, 2026, SEC press release. The release states that the SEC charged them with defrauding investors and MGM-managed funds in connection with investments in SpaceX and other pre-IPO securities.

The release identifies MGM as a private fund adviser and Owen E.H. Meyer as its CEO. For buyers and sourcing professionals, the SEC's charges are relevant because the press release states they involve retail investors in private funds.

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