PharmaRoth Labs Inc (ROTH)

[sweetlou]

You state “the fraud investigation is underway at the LA office”

Here is information from the SEC website that definitively disproves your claim. Note the following sentences that are taken verbatim from their webpage:

1.Subject to the provisions of the Freedom of Information Act, the SEC cannot disclose the existence or non-existence of an investigation or any information gathered unless made a matter of public record in proceedings brought before the SEC or in the courts. (This means that even if there was an investigation it would not be disclosed to anyone unless or until the SEC disclosed it publicly)

2.Similarly, staff is generally unable to comment on any action the staff may take with respect to a tip or complaint. (Which means the SEC wouldn’t tell you or anyone else)
Therefore using simple logic, your claim to know about an investigation is a proven lie.

3.You can find information about public enforcement actions on our web site. (No actions or investigation is listed for ROTH)

4.Any information you do provide must be truthful to the best of your knowledge or belief. A person who is found to have knowingly and willfully submitted false, fictitious, and/or fraudulent statements to the SEC may be subject to criminal sanctions under federal law. (The seriousness of this admonition is self evident)

Below is the webpage so all can read the above in context:

Filing Guidance and Confidentiality
What Information Should I Provide?
We can best address your submission if we receive accurate, truthful, and complete information. Though you are not required to furnish any more information than you wish or possess, the critical information that we need to evaluate your tip includes:

Your full name and contact information, including mail and email addresses, and telephone numbers, although you may submit your tip anonymously if you choose;
Contact information for any individual or company you mention in the tip or complaint, including their full name, mail and email addresses, and telephone numbers;
A detailed description of the events or circumstances giving rise to your complaint – including who was involved in the conduct and how, why, and when the conduct occured; and
Any relevant documentation.
Any information you do provide must be truthful to the best of your knowledge or belief. A person who is found to have knowingly and willfully submitted false, fictitious, and/or fraudulent statements to the SEC may be subject to criminal sanctions under federal law.

What Happens After I Send Information to the SEC?
Staff evaluate information and tips concerning violations of the federal securities laws. It is the general policy of the SEC to conduct its investigations on a confidential basis to preserve the integrity of its investigative process as well as to protect persons against whom unfounded charges may be made or where the SEC determines that enforcement action is not necessary or appropriate. Subject to the provisions of the Freedom of Information Act, the SEC cannot disclose the existence or non-existence of an investigation or any information gathered unless made a matter of public record in proceedings brought before the SEC or in the courts. Similarly, staff is generally unable to comment on any action the staff may take with respect to a tip or complaint. You can find information about public enforcement actions on our web site.