GrowLife Inc (PHOT)

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On-the-9th-of-April, Growlife-CEO (Sterling-Scott) sold-more-than-5-million-shares at-a-price-of $0.50 per-share

, which was exactly 24 hours before the SEC took action and ordered a suspension that prevented the stock from being traded. Three separate law firms then filed a class action lawsuit against the company and Scott was subsequently relieved of his position.

"The SEC has damaged my investment, rather than anyone trying to pull off a pump and dump scheme. I've seen no evidence that they've caught anyone doing anything illegal with the stock" said one of Growlife's shareholders.

A Growlife shareholder, who strongly believes in the potential of the company, added "What has happened to Growlife (suspension) is not right and I think that this is an issue that needs to be investigated and then resolved. If you look at Growlife's financial reporting, it backs up the company's position in the industry and everything that it has claimed." But not everyone is in agreement

http://moneyrunnersgroup.com/news/208-investors-outraged-as-feds-block-trades-on-marijuana-stocks