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Alias Born | 03/08/2006 |
Monday, June 08, 2020 12:11:06 PM
looks to me like the SEC is finally catching up with MSRT and Leighton
could be a halt coming
Leighton SEC Settlement
The Commission’s complaint alleged that Leighton directed the trading by a group
of investors in MassRoots Inc. (OTC Pink: MSRT). Specifically, the complaint alleged that
Leighton directed the group of investors to make public market purchases and sales of MassRoots
stock at specific volumes and prices; in doing so, he engaged in conduct that operated as a fraud
and deceit on other investors and manipulated the volume and price of trading in MassRoots stock.
The complaint also alleged that Leighton violated reporting provisions of the Exchange Act that,
among other requirements, required Leighton and his group of investors to publicly disclose their
holdings and sales of MassRoots stock.
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