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Davis Criticizes SEC and DOJ Statement on Ainet Corp Case

Attorney Lanny J. Davis has criticized statements from the SEC and DOJ regarding Ainet Corp and Deepak Jain, alleging that key facts were omitted.

24 August 2026
Davis Criticizes SEC and DOJ Statement on Ainet Corp Case
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Lanny J. Davis, attorney for Ainet Corp and Deepak Jain, has issued a critical statement in response to a press release from the U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ).

Davis contends that the official press release failed to include three undisputed facts pertaining to a contract involving Ainet Corp. He expressed disappointment that these specific facts were not highlighted in the joint SEC-DOJ announcement.

"This was a contract that the SEC described as...", Davis stated, without providing further elaboration. His remarks suggest a dispute over the narrative presented by the regulatory bodies.

Further details regarding the contract and the specifics of the case involving Ainet Corp and Deepak Jain have not yet been fully disclosed. Davis's comments raise questions about the information deemed relevant for public dissemination by the SEC and DOJ.

Original source: prnewswire.com