Sunday, September 11, 2016 10:04:50 AM
Law360, Los Angeles (April 25, 2016, 11:50 PM ET) -- The U.S. Securities and Exchange Commission on Monday filed a lawsuit alleging a California attorney and a handful of others ran a "pump and dump" scheme that involved creating a shell company, installing an unwitting technology entrepreneur as its CEO and then selling off their inflated shares.
In its complaint, the SEC claimed attorney Luke C. Zouvas and associates Christopher D. Larson, Cameron F. Robb, Jason M. Schiprett and Robert D. Jorgenson crafted a scheme to hype a shell company to investors, netting Larson about $865,000....
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