InvestorsHub Logo
Followers 2
Posts 167
Boards Moderated 0
Alias Born 02/21/2010

Re: None

Friday, 03/15/2013 2:06:33 PM

Friday, March 15, 2013 2:06:33 PM

Post# of 16707
SEC Charges San Diego Lawyers and Others in an International Market Manipulation Scheme

http://www.sec.gov/news/press/2013/2013-39.htm

"The SEC is seeking to have the defendants return their allegedly ill-gotten gains, with interest, and to bar Carrillo, Huettel, de Beer, John Kirk, Benjamin Kirk, Boyle, and Hinton from participating in penny stock offerings and from serving as public company officers or directors. The SEC is seeking civil monetary penalties from the attorneys, their law firm, and from de Beer."

Not sure what this means for those that lost money but at least they're not getting away with it.