Anthem Blanchard; Anthem Holdings Company

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 26601 / August 6, 2026

Securities and Exchange Commission v. Anthem Blanchard and Anthem Holdings Company, No. 24-cv-2437 (D. Kan. filed Sept. 23, 2024)

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.

The SEC’s litigation was conducted by Sharan Lieberman and Rachel Yeates, under the supervision of Gregory A. Kasper, all of the SEC’s Denver Regional Office.