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Thursday, 09/30/2010 3:33:10 PM

Thursday, September 30, 2010 3:33:10 PM

Post# of 72
SEC Charges Two Florida Firms, CEOs
The Securities and Exchange Commission charged two Florida companies and their chief executives in relation to issuing press releases touting their companies while the CEOs sold off company stock. The SEC charged Quri Resources Inc. and CEO Jaime Santiago Gomez as well as Atlantis Technology Group and CEO Christopher Dubeau. "Investors were duped into believing that Quri Resources was a successful mining company and that Atlantis Technology Group was selling cutting-edge technology services. Both companies misled investors with exaggerated claims while their respective senior executives illegally dumped shares into the market," said Eric I. Bustillo, Director of the SEC's Miami Regional Office. "We will continue to crack down on companies that promote misleading information."
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