InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,442.00
(
2.14%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
62,916.19
(
0.04%
)
Post# of 346916
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

236T568

Send PM Follow Ignore
Followers 122
Posts 43825
Boards Moderated 1
Alias Born 09/06/2012

236T568

Member Level

Re: cowtown jay post# 345715

Thursday, 12/10/2015 1:54:08 PM

Thursday, December 10, 2015 1:54:08 PM

Post# of 346916
So, I guessed you missed the part where the SEC obtained a $52 million judgment against Moskowitz and Metter for the fraudulent sale hundreds of millions of unregistered SPNG shares...



So...the SEC alleges that about 2.5 billion unregistered shares were sold by the company...and they're going to recover the proceeds obtained from the sale of 8 million of those shares.

Should we add that to the 198 million shares involved in the IIROC suit?
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up