Xeriant Inc (XERI)

[bluechipjohn]

I think this's straight forward, nothing to misunderstand!

The SEC seeks permanent injunctions, disgorgement of ill-gotten gains plus prejudgment interest, civil penalties, and penny stock bars, and other equitable relief. The complaint also names as a relief defendant Auctus Fund, and seeks disgorgement from Auctus Fund of ill-gotten gains from Auctus Management, Sollami, and Posner's violations.

The SEC's case is being handled by Michael Franck, David Scheffler, Rua Kelly, Michael Moran, Mark Albers, and Amy Gwiazda of the Boston Regional Office.