Tag: microcap fraud

SEC Files Another Microcap Fraud Action

The Commission’s focus on retail investors seems to be resulting in a series of microcap manipulation cases where those involved acquire what are or become public shells that have no real business. Following the acquisition the promoter and/or his or

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SEC Files Two Microcap Fraud Actions

The Commission’s focus on the retail investor is well illustrated by two cases involving microcap frauds first announced at the end of last week. One centered on a penny stock manipulator known as the “Mailman” and involved the efforts over

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