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Re: Tuff-Stuff post# 556907

Tuesday, 01/27/2015 5:23:40 AM

Tuesday, January 27, 2015 5:23:40 AM

Post# of 648882
Last Night>JOE< St. Joe -9.1% after SEC Wells notice

The SEC opened an investigation more than four years ago into St. Joe's (NYSE:JOE) accounting practices surrounding impaired property assets, and one week ago the company received a "Wells Notice" from the agency, suggesting it's leaning towards filing a formal charge.
All allegations are related to company actions taken prior to the 2011 replacement of the board, the CEO, and the CFO.

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