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SEC Charges Company Executives With Issuing False Press Releases to Inflate Stock Price

2014-12-11 20:15:57| IT Services - Topix.net

The Securities and Exchange Commission recently charged two executives at a penny stock company with issuing false and misleading press releases while secretly selling thousands of their own stock shares into the market. The executives agreed to pay nearly $325,000 and accept officer-and-director bars to settle the SEC charges.

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