SEC Files Fraud Actions Against Fuel, Wireless Firms (Law.com)
The Atlanta Regional Office of the Securities and Exchange Commission has filed fraud actions against two Southeastern companies -- Mobile Ready Entertainment and U.S. Sustainable Energy Corp. -- alleging they engaged in "pump-and-dump" schemes in which companies distribute bogus information to pump up share prices, only to dump the stock and leave investors with huge losses. An SEC director ...
Read More.. and DISCUSS
The Atlanta Regional Office of the Securities and Exchange Commission has filed fraud actions against two Southeastern companies -- Mobile Ready Entertainment and U.S. Sustainable Energy Corp. -- alleging they engaged in "pump-and-dump" schemes in which companies distribute bogus information to pump up share prices, only to dump the stock and leave investors with huge losses. An SEC director ...
Read More.. and DISCUSS