{
 "body": {
  "html": "<p>The Justice Department announced the guilty plea on Sept. 17, 2026.</p>\n<p>According to the Justice Department: \"From at least in or about January 2015, up to and including at least in or about August 2022, CARLTON engaged in cherry-picking, systematically assigning profitable trades to himself and unprofitable trades to his clients.\"</p>",
  "text": "The Justice Department announced the guilty plea on Sept. 17, 2026.\n\nAccording to the Justice Department: \"From at least in or about January 2015, up to and including at least in or about August 2022, CARLTON engaged in cherry-picking, systematically assigning profitable trades to himself and unprofitable trades to his clients.\""
 },
 "claims": [
  {
   "evidence": "United States Attorney for the Southern District of New York, Jamie McDonald, and Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation (\"FBI\"), James C. Barnacle, Jr., announced today that WILLIAM CARLTON has been charged and pled guilty to securities fraud for his role in a scheme to defraud his investment advisory clients by \"cherry picking,\" systematically allocating profitable trades to himself and allocating unprofitable trades to his clients.",
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   "receipt": "doj:31e74e43-8d15-4d6c-b7de-619aa6f475be"
  }
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 "contact": "research@alphanume.com",
 "corrections": [],
 "dek": "The release describes William Carlton as an investment adviser to more than 50 clients every year.",
 "desk": "regulatory",
 "desk_label": "Regulatory Actions",
 "entities": [
  {
   "basis": "identifier or the record itself",
   "in_headline": true,
   "name": "William Carlton",
   "role": "respondent"
  }
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 "facts": [
  {
   "key": "respondent",
   "receipt": "doj:31e74e43-8d15-4d6c-b7de-619aa6f475be",
   "source": {
    "path": "text",
    "value": "WILLIAM CARLTON"
   },
   "text": "William Carlton"
  },
  {
   "key": "release_date",
   "receipt": "doj:31e74e43-8d15-4d6c-b7de-619aa6f475be",
   "source": {
    "path": "index:date",
    "value": "2026-09-17"
   },
   "text": "Sept. 17, 2026"
  },
  {
   "key": "descriptor",
   "receipt": "doj:31e74e43-8d15-4d6c-b7de-619aa6f475be",
   "source": {
    "model_proposed": true,
    "path": "text",
    "value": "investment adviser to more than 50 clients every year"
   },
   "text": "investment adviser to more than 50 clients every year"
  },
  {
   "key": "conduct_phrase",
   "receipt": "doj:31e74e43-8d15-4d6c-b7de-619aa6f475be",
   "source": {
    "model_proposed": true,
    "path": "text",
    "value": "Cherry-Picking Scheme"
   },
   "text": "cherry-picking scheme"
  },
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   "key": "allegation_quote",
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   "source": {
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    "value": "From at least in or about January 2015, up to and including at least in or about August 2022, CARLTON engaged in cherry-picking, systematically assigning profitable trades to himself and unprofitable trades to his clients."
   },
   "text": "From at least in or about January 2015, up to and including at least in or about August 2022, CARLTON engaged in cherry-picking, systematically assigning profitable trades to himself and unprofitable trades to his clients."
  }
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 "headline": "William Carlton pleads guilty in cherry-picking scheme case",
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   "reviewed_at": "2026-09-29T21:13:37+00:00",
   "reviewers": 2
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 "published_at": "2026-09-30T17:01:46+00:00",
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   "filed": "2026-09-17",
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   "label": "Justice Department press release doj:31e74e43-8d15-4d6c-b7de-619aa6f475be",
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   "type_label": "DOJ press release",
   "url": "https://www.justice.gov/usao-sdny/pr/former-investment-adviser-pleads-guilty-cherry-picking-scheme"
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 "record_date": "2026-09-17",
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